|
North Midland Construction plc Update re OFT fine 11 December 2009
Further to the Interim Management Statement dated 11 November 2009, North Midland Construction PLC confirms that after taking legal advice it has appealed against the recent OFT fine.
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 | |
|