Extension to UK asylum accommodation contract
G4S has continued to work closely and co-operatively with the Home Office to improve service delivery and efficiency and to support a sustainable contract extension.
Following the improvements made in service delivery and clarification of the extension arrangements, the company expects the loss making Compass contract to be delivered broadly in line with the onerous contract provision already established in the group balance sheet.
This announcement contains inside information and the person responsible for making this announcement is Peter David, Company Secretary.
For investor queries please contact G4S plc:
Helen Parris - Director of Investor Relations +44 (0) 20 8722 2125
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Nigel Fairbrass - Director of Media +44 (0) 7799 894265