17th Apr 2008 11:42
Carillion PLC17 April 2008 Office of Fair Trading Carillion notes the announcement today by The Office of Fair Trading (OFT)concerning its Statement of Objections relating to tender activities in theconstruction sector, in which it names one of its subsidiaries, Carillion JMLtd, formerly Mowlem Limited. The Statement of Objections does not involve anyother business within the Carillion group, including the recently acquiredAlfred McAlpine operations. Carillion announced in March 2006 that the OFT had visited two Mowlem offices,shortly after the acquisition of Mowlem on 12 February 2006, and that it wouldfully co-operate with the OFT's investigation. The OFT's enquiries related tocertain matters that arose prior to Carillion's acquisition of that business.Subject to ongoing cooperation, the OFT has granted leniency to Carillion JMLimited, thus reducing any fine which might ultimately be levied. Immediately following the acquisition of Mowlem, Carillion took steps to applyits own procedures and to ensure compliance within that business of therequirements of the Competition Act 1998, to which Carillion attaches thehighest importance. Carillion will continue to cooperate with the OFT and respond to its Statementof Objections in due course. For further information contact John Denning Director Group Corporate Affairs +44 (0)1902 316384 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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