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Interserve PLC (IRV.L)

IRV.L on London Stock Exchange

71.00GBp
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Interserve announces update on financing and debt covenants
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - INTERSERVE PLC ::‍ANNOUNCE THAT IT HAS SECURED ADDITIONAL SHORT-TERM COMMITTED FUNDING FOR GROUP​.‍IN ADDITION, WE HAVE REACHED AN AGREEMENT TO DEFER TEST DATE FOR COMPLIANCE WITH OUR LOAN COVENANTS TO 31 MARCH 2018​.ADDITIONAL FACILITIES TOTALLING £180M COMPRISE £38M COMMITTED REVOLVING CREDIT FACILITY, £37M OF COMMITTED ANCILLARY FACILITIES, COMMITTED BONDING FACILITIES OF £93M PLUS £12M OF ADDITIONAL FUNDING.‍FACILITIES EXPIRE ON 30 MARCH 2018​.  Full Article

Interserve says Bruce Melizan stepped down from board on 30 November
Friday, 1 Dec 2017 

Dec 1 (Reuters) - INTERSERVE PLC ::THAT BRUCE MELIZAN STEPPED DOWN FROM BOARD ON 30 NOVEMBER 2017 AS PART OF ITS 'FIT FOR GROWTH' PROGRAMME.SUPPORT SERVICES BUSINESS WILL NOW REPORT DIRECTLY TO GROUP CHIEF EXECUTIVE, DEBBIE WHITE.BRUCE WILL REMAIN WITH COMPANY UNTIL 31 JANUARY 2018, UNDERTAKING HANDOVER DUTIES AND TRANSFER OF KEY CLIENT RELATIONSHIPS.  Full Article

Interserve Wins Place On Highway And Infrastructure Frameworks​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Interserve Plc ::INTERSERVE PLC - ‍HAS WON A PLACE ON HIGHWAY AND INFRASTRUCTURE FRAMEWORKS IN MANCHESTER AND ACROSS YORKSHIRE AND HUMBER REGION​.INTERSERVE PLC - ‍FRAMEWORK LOTS TO WHICH INTERSERVE IS APPOINTED HAVE A POTENTIAL VALUE IN EXCESS OF £500 MILLION​.  Full Article

Interserve wins four-year contract to provide facilities management services to Irwin Mitchell​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Interserve Plc :‍HAS WON A FOUR-YEAR CONTRACT TO PROVIDE INTEGRATED FACILITIES MANAGEMENT SERVICES TO LEADING LAW FIRM, IRWIN MITCHELL.​.‍NEW PARTNERSHIP AT COMPANY'S 15 UK OFFICES, INCLUDING SITES IN LONDON, MANCHESTER, BIRMINGHAM AND SHEFFIELD.​.  Full Article

Britain's Interserve says gets 140 mln stg contract extension
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Interserve Plc ::‍WINS £140 MILLION CONTRACT EXTENSION WITH MAJOR BROADCASTER​.INTERSERVE PLC - ‍WINS £140 MILLION CONTRACT EXTENSION WITH MAJOR BROADCASTER​.‍HAS WON A £140 MILLION CONTRACT WITH BBC TO CONTINUE PROVIDING FACILITIES SERVICES UNTIL 2023​.INTERSERVE - ‍LATEST FOUR-YEAR EXTENSION TO ACCOUNT WILL SEE INTERSERVE PROVIDE TOTAL FACILITIES MANAGEMENT SERVICES ACROSS BROADCASTER'S UK ESTATE​.  Full Article

Interserve wins 227 mln ‍Department For Work And Pensions contract
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Interserve Plc ::INTERSERVE PLC - DWP CHOOSES INTERSERVE FOR FM CONTRACT.INTERSERVE PLC - ‍DEPARTMENT FOR WORK AND PENSIONS CHOOSE INTERSERVE FOR £227M FM CONTRACT​.INTERSERVE PLC - CONTRACT ‍TO PROVIDE FACILITIES MANAGEMENT SERVICES FOR DEPARTMENT FOR WORK AND PENSIONS (DWP)​.  Full Article

Interserve ‍confirms it is engaged in discussions with lenders​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Interserve Plc :‍CONFIRMS THAT IT IS ENGAGED IN CONSTRUCTIVE AND ONGOING DISCUSSIONS WITH ITS LENDERS.​.‍WORK UNDERWAY TO PROVIDE GREATER CLARITY ON CO'S CURRENT TRADING AND ENERGY FROM WASTE PROVISION.  Full Article

Interserve says wins leeds housing development contract
Monday, 9 Oct 2017 

Oct 9 (Reuters) - INTERSERVE PLC :INTERSERVE WINS LEEDS HOUSING DEVELOPMENT CONTRACT.‍CONTRACT WORTH IN EXCESS OF £70 MILLION BY DANDARA LIMITED TO DESIGN AND BUILD A RESIDENTIAL DEVELOPMENT COMPRISING 744 APARTMENTS IN LEEDS​.‍WORK HAS ALREADY COMMENCED ONSITE, WITH DEVELOPMENT DUE FOR COMPLETION IN JUNE 2019​.  Full Article

Interserve appionts Mark Whiteling as CFO effective Oct. 1
Monday, 18 Sep 2017 

Sept 18 (Reuters) - INTERSERVE PLC ::SAYS MARK WHITELING APPOINTED AS CHIEF FINANCIAL OFFICER OF INTERSERVE PLC.APPOINTMENT OF MARK WHITELING AS CHIEF FINANCIAL OFFICER WITH EFFECT FROM 1 OCTOBER 2017.  Full Article

Interserve wins facilities management account with Land Securities
Monday, 17 Oct 2016 

Interserve Plc : Contract win . Interserve wins £37.5 million facilities management account with Land Securities .Will provide a range of services including security, cleaning, customer service support and waste management, across eight of Land Securities' flagship shopping centres.  Full Article

BRIEF-Interserve Wins Place On Highway And Infrastructure Frameworks​

* INTERSERVE PLC - ‍HAS WON A PLACE ON HIGHWAY AND INFRASTRUCTURE FRAMEWORKS IN MANCHESTER AND ACROSS YORKSHIRE AND HUMBER REGION​