8 Year Contract Extension worth £68m with L&Q
Source: RNS
REACH
9th May 2022
Sureserve Group plc
("Sureserve" or the "Group")
8 Year Contract Extension worth £68m with L&Q
Sureserve Group plc, the Social Housing Energy Services Group, is pleased to announce that its wholly owned subsidiary (K&T Heating Services Ltd) has successfully retained a long- term Gas Servicing, Repair and Installation Contract with L&Q. The Contract term is capped at 8 years, commencing on 1st May 2022 and is expected to generate sales revenue of £68 million over the entirety of the contract term. L&Q are a large, registered provider of social housing who own and manage more than 95,000 homes across London and South- East.
David Greenfield - K&T Heating Services - Managing Director, said:
"We are delighted to have been selected as one of the social housing service providers for L&Q. We have had a long term and trusted relationship, working in partnership with L&Q since 2013 and have developed a reputation for quality delivery of gas compliance services. This 8 year contract win recognises the importance of K&T Heating Services' client relationships, service quality and focus on delivering important critical services for social housing communities."
Enquiries
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Sureserve Group plc |
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Nick Winks, Chairman |
07973 316544 |
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Peter Smith, Chief Executive Officer |
07590 929431 |
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Sameet Vohra, Chief Financial Officer |
07834 740059 |
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Camarco (Financial Public Relations) |
020 3757 4992 |
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Ginny Pulbrook |
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Rosie Driscoll |
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Toby Strong |
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Shore Capital (Nominated Adviser and Broker) |
020 7408 4090 |
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Stephane Auton |
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Daniel Bush |
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Fiona Conroy |
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Notes to editors
Sureserve is a leading UK social housing energy services Group. The Group was founded in 1988 and is headquartered in Dartford and currently employs some 2,489 staff.
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