20th Jan 2005 15:58
Atkins (WS) PLC20 January 2005 NEWS RELEASE 1312RS WS Atkins plc Tel: +44 (0)1372 726140 Woodcote Grove, Ashley Road Fax: +44 (0)1372 740055 Epsom, Surrey KT18 5BW [email protected] United Kingdom www.atkinsglobal.com 20 January 2005 WS Atkins plc sells 25% stake in Mercia Healthcare WS Atkins plc has today completed the disposal of its 25% shareholding in MerciaHealthcare (Holdings) Limited to Secondary Market Infrastructure Fund (SMIF) for£5.6 million. Keith Clarke, Chief Executive of Atkins, commented: "I am pleased that the saleof our 25% stake in Mercia Healthcare has been successfully completed. This isin line with our stated strategy to recycle cash invested in PFI projectcompanies at the appropriate time. We remain committed to investing in PFIprojects where we can best use our core planning, designing and enablingskills." ENQUIRIES: Robert MacLeod 01372 726140 NOTES TO EDITORS: 1 Atkins (www.atkinsglobal.com) plans, designs and enables the delivery ofcomplex infrastructure and buildings for clients in the public and privatesectors across the world. Atkins is the largest multi-disciplinary consultancyin Europe; the largest engineering consultancy in the UK; and the seventhlargest design firm in the world. 2 Mercia Healthcare (Holdings) Limited is the Special PurposeVehicle for the Hereford County Hospital PFI Project. 3 Atkins will retain responsibility for the management and upkeep of theHereford Hospital NHS Trust's estate. Ends This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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