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Tuesday 22 September, 2009

North Midland Cnstrn

OFT Announcement

RNS Number : 4705Z
North Midland Construction PLC
22 September 2009
 



North Midland Construction plc

OFT Announcement

22 September 2009


North Midland Construction plc notes the announcement from the Office of Fair Trading (OFT) today of its decision to impose fines on 106 companies in the construction sector in England following its investigation into anti-competitive practices.  As a result, the OFT is imposing a fine of £1.5m on North Midland Construction plc in relation to two instances in 2001 and 2004.  The Company is currently taking legal advice on the findings and on the level of the fines imposed by the OFT, and a further announcement will be made in due course.


Enquiries

North Midland Construction plc                     01623 515008 

Robert Moyle, Chairman 

Mike Garratt, Finance Director 

 

Brewin Dolphin Investment Banking                0845 213 4730 

Andrew Emmott 

 







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