8 December 2016
Extension to UK asylum accommodation contract
G4S, the leading global integrated security company, is pleased to note the Immigration Minister's Written Ministerial Statement on asylum seeker accommodation in the UK, laid before the House of Commons today.
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
For Media enquiries, please contact:
Nigel Fairbrass - Director of Media +44 (0) 7799894265
Notes to Editors:
G4S is the leading global integrated security company specialising in the provision of security products, services and solutions.
The Group is active in around 100 countries, and is the largest employer quoted on the London Stock Exchange with over 600,000 employees and has a secondary stock exchange listing in Copenhagen.