Statement Re Carillion
TClarke plc ("TClarke" or the "Group"), the Building Services Group, notes today's announcement relating to Carillion plc ("Carillion").
TClarke is engaged as a Sub Contactor on a Carillion joint venture project with KBR as part of the Aspire Defence Contract at Tidworth, Bulford and Perham Down. 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".
Other areas of activity have aggregate exposures of less than £100,000 in total.
We do not expect there to be any adverse financial impact on the Group arising from any direct exposure to Carillion.
The Company's next planned trading update is 1st February 2018.
15th January 2018
For further information contact:
Mark Lawrence - Group Chief Executive
Martin Walton - Finance Director
David Lanchester - Company Secretary
Tel: 020 7997 7400
N+1 Singer (Financial Adviser and Broker)
Tel: 020 7496 3000
Tel: 020 3735 6551