Galliford Try PLC Contract (7342U)

TIDMGFRD

RNS Number : 7342U

Galliford Try PLC

02 April 2019

GALLIFORD TRY PLC

GALLIFORD TRY ANNOUNCES PARTNERSHIP DEAL WITH HOMES ENGLAND

Galliford Try plc, the housebuilding, regeneration and construction group, is pleased to announce that regeneration specialist Galliford Try Partnerships has signed an agreement with Homes England to build more than 850 homes across the UK.

The national partnership will deliver housing across key sites in Redcar, Cheshire, Staffordshire and Dorset. The homes will be constructed as part of Homes England's initiative to build new housing at pace.

Work will begin on the projects immediately with the first planning applications due to be submitted this month and the first homes expected to complete in spring 2020. The projects will deliver a mixture of housing tenures including open market housing, affordable rent, shared ownership, private rented sector and an extra-care development.

Stephen Teagle, Chief Executive of Galliford Try Partnerships, said: "We are delighted with our extension of work in partnership with Homes England to accelerate the delivery of much-needed new homes in these regions."

For further enquiries please contact:

Galliford Try

   Graham Prothero, Chief Executive                   01895 855001

Andrew Duxbury, Finance Director

Kevin Corbett, General Counsel & Company Secretary

Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2018, the Group generated revenue of GBP3.1bn.

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