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Hainalt Contract

11th Jun 2012 07:00

RNS Number : 0699F
Snoozebox Holdings PLC
11 June 2012
 



 

Snoozebox Holdings Plc

("Snoozebox")

 

Hainalt Contract

 

Snoozebox announces that it has signed a contract with G4S for the provision of 320 rooms on a site within Hainault Forest Country Park in Essex, as accommodation for security personnel engaged at the Olympics. The accommodation provided will be operational between 14 July and 15 August and will include a social and relaxation area, with full catering facilities provided by an independent third party.

Snoozebox created the overall project at Hainault, which includes the separate provision of additional accommodation of a different style, also by Elements Europe Ltd, who are the manufacturers of the Snoozebox portable hotel product. Snoozebox identified the site in September 2011, initiated discussions between the parties and successfully conducted the planning process.

Revenue from these two contracts will materially contribute to Snoozebox achieving management's trading expectations for 2012.

Snoozebox CEO, Robert Breare, said:

"Snoozebox is delighted to have teamed up with G4S and Elements Europe to provide a material element of the Olympics accommodation requirement for security personnel and we look forward to playing our part in ensuring these operations run smoothly."

Snoozebox has just vacated its site at Windsor Castle Home Park, where it provided 320 rooms to the teams and participants in the highly successful Queen's Diamond Jubilee Pageant.

Simon Brooks-Ward, the director and producer of the Pageant, said:

"Snoozebox was the perfect accommodation solution for this important international event, enabling us to house 600 people, inside the grounds of Windsor Castle in luxury en-suite rooms. From a transportation and security angle, it was also a huge benefit not to have to move this number of people in and out of the venue every day."

Snoozebox currently has units deployed at the Isle of Man TT Races and the Download Festival at Donington Park. Units will then move on to the Hop Farm Festival and the Festival of Speed at Goodwood, before deployment at the F1 Grand Prix, the Silverstone Classic and other Silverstone events, together with the G4S contract at Hainault.

11 June 2011

 

Enquiries:

 

Snoozebox

Today via College Hill

Robert Breare, Chief Executive

020 7457 2020

Chris Upton, Finance Director

 

Panmure Gordon

020 7459 3600

Corporate Finance:

Katherine Roe

Fred Walsh

 

Corporate Broking:

Adam Pollock

Charles Leigh-Pemberton

College Hill

020 7457 2020

Matthew Smallwood

Justine Warren

 

Website: www.snoozebox.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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