17th Apr 2008 11:04
Galliford Try PLC17 April 2008 OFT INVESTIGATION INTO THE CONSTRUCTION INDUSTRY Galliford Try plc notes the announcement by the Office of Fair Trading today ofits provisional findings into alleged infringements of competition law in theconstruction industry. As announced in May 2007, Galliford Try was initially contacted by the OFTregarding 17 tenders submitted between 2000 and 2005 that represented a verysmall proportion of the bidding activity of its building division during thatperiod. The release of the Statement of Objections today provides companiesunder investigation by the OFT review with their first indication of theevidence on which the OFT has based its allegations. Galliford Try has fullyco-operated with the OFT's enquiries throughout its investigation. It will nowreview the OFT's provisional findings in detail and will respond accordingly. Galliford Try carried out a full review of its policies on complying withcompetition law last year, and is confident that it has robust policies andprocesses in place to ensure compliance throughout the Group. For further information, please contact: Greg Fitzgerald, Chief Executive Galliford Try plc 01895 855219 Frank Nelson, Finance Director Galliford Try plc 01895 855226 Ann marie Wilkinson/Dan de Belder Bell Pottinger 020 7861 3232Corporate & Financial This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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