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TClarke outlines Carillion exposure

By BFN News | 02:13 PM | Monday 15 January, 2018


TClarke confirmed that it was engaged as a sub contactor on a Carillion joint venture project with KBR as part of the Aspire defence contract at Tidworth, UK. "We have been advised by the joint venture partner that there will be a transition for this contract and that we can expect 'business as usual'", TClarke said. Other areas of activity have aggregate exposures of less than £100,000 in total, the company added. "We do not expect there to be any adverse financial impact on the group arising from any direct exposure to Carillion," TClarke said. At 2:13pm: (LON:CTO) Clarke T PLC share price was -3.2p at 86.3p Story provided by StockMarketWire.com

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