27th Apr 2011 17:01
North Midland Construction plc ("North Midland" or "the Company")
27 April 2011
OFT Announcement
The Company was notified today that the Competition Act Tribunal has determined its judgment in the matter of the Company's appeal against the level of fines imposed on it by the Office of Fair Trading (OFT). The Directors are pleased to announced that the Companies appeal has been upheld on numerous grounds and, as a consequence, the level of fine has been reduced from the approximately £1.5 million previously announced to £300,000. This amount has previously been fully provided for in the Company's accounts
Contacts:-
North Midland Construction PLC 01623 515008
Robert Moyle, Chairman
Mike Garratt, Finance Director
Related Shares:
NMCN.L