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(CSG.L) Cyril Sweett Group PLC Buy/Sell
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| Date/Time | Headline | Source |
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| Fri 07:00 | RNS |
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RNS Number : 8165C Cyril Sweett Group PLC 20 November 2009 20th November 2009 Express LIFT Investments Limited and NHS Cumbria form first Express LIFT Company The first LIFT company to be procured through the Express LIFT framework was established today (19/11/09) in Cumbria. Following their appointment as NHS Cumbria's LIFT partner in October, Express LIFT investments Limited ("ELIL"), part owned by Cyril Sweett Investments Limited, have formally signed contracts with NHS Cumbria and Cumbria County Council to establish a new LIFT company, to be named eLIFT Cumbria Limited, thus setting the benchmark for this exciting new procurement method. The new LIFT company has been established to finance and redevelop Cumbria's ageing community hospitals and deliver a range of other health facilities. eLIFT Cumbria Ltd is now actively engaged in realising the region's strategy for 21st century health and social care and progressing with plans to develop exciting new health care buildings that will bring improvements to both patients and staff. This is a long term partnership, a 20 year agreement for eLIFT Cumbria to develop affordable, value for money proposals for new buildings that meet local needs, and for the private sector to provide local services that complement those of the public sector. New property developed through eLIFT Cumbria will be owned by the public-private partnership, managed by eLIFT Cumbria and leased or rented to a range of health and community tenants, from GPs, dentists and pharmacists to voluntary sector organisations and the local authority. This frees up the public sector to concentrate on delivering the highest quality services. Following the establishment of the new LIFTCo, designs and costs are now being progressed to create a schedule of redevelopment for Cumbria's community hospitals and other health infrastructure in areas where patients most need it. Ken Gill, Managing Director, Cyril Sweett Investments, said:, "We are delighted and proud to have created the first Express LIFT company with our public sector partners. Express LIFT has lived up to its name and having established the partnership in record time we look forward to working with NHS Cumbria and Cumbria County Council to provide facilities and services that support the delivery of health and social care in Cumbria." Dr. Mike Bewick, Primary Care Medical Director for NHS Cumbria and PCT Director of eLIFT Cumbria Ltd said: "We are delighted to have formally signed contracts with ELIL to establish our LIFT Company. This offers an opportunity to realise the development of primary care services within Cumbria, fulfilling part of the Closer to Home strategy. ELIL will bring extensive experience in delivering large infrastructure schemes for the NHS, and we look forward to our new LIFTCo accelerating our plans to re-develop our community hospitals in the most cost effective way.
Notes to Editors: 1. A public-private partnership company (a LIFTCo) has been established to facilitate the development of new health facilities in Cumbria. Shareholders in the LIFTCo are: - NHS Cumbria (20% shareholding), - ELIL (60% shareholding), - and Community Health Partnerships (20% shareholding). 2. Express LIFT Investments Limited is a limited company which was created specifically to take part in the Express LIFT National Framework initiative. ELIL is a joint venture that brings together parties who have a first-class record of delivery in the NHS LIFT market place and other Public Private Partnership initiatives. ELIL has been created by the following three organisations: Anagennao Limited, Cyril Sweett Investments Limited and Sutton Harbour Holdings plc. 3. Currently around half of Primary Care Trusts in England are using NHS LIFT to update facilities and build new, modern GP surgeries, health centres and walk-in centres. LIFT enables PCTs and local authorities to develop new capital schemes faster than traditional procurement methods and provides a framework for long-term partnership between the public sector and private sector developers. 4. Express LIFT accelerates this process even further, offering PCTs and local authorities who have not yet conducted their own procurement, the opportunity to select a pre-approved LIFT partner more quickly and cost effectively from the list. Local procurements from the Express LIFT framework can be completed within three or four months as opposed to two years as is currently the case. 5. For more information on ELIL, please visit www.elil.co.uk This information is provided by RNS The company news service from the London Stock Exchange END
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| Mon 07:03 | RNS |
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RNS Number : 5262C Cyril Sweett Group PLC 16 November 2009
NEWS RELEASE 16 November 2009 Cyril Sweett Group plc ('Cyril Sweett' or the 'Group') Cyril Sweett appointed on tallest building in Saudi Arabia Cyril Sweett is delighted to announce it has been appointed by The Capital Market Authority to work on the iconic "crystalline" tower, in The King Abdullah Financial District in Riyadh. The King Abdullah Financial District (KAFD) is a mega scale new development that will provide a new economic platform in the heart of the capital city. The focal point of the KAFD is the Financial Plaza which contains the five tallest towers in the scheme, of which the tallest is an iconic 'crystalline' tower which will be the Capital Market Authority (CMA) Tower . The CMA will occupy the upper section of the tower whilst the remainder of the floors are to be leased to other world leading financial organizations and banks. Cyril Sweett will be providing cost and project management services on the CMA Tower project, which is being designed jointly by HOK and Omrania & Associates. The tower soars 385m above the surrounding cityscape and will provide an anchor for the district as a whole. The 'crystalline' tower will join the top-table of world tall towers(1). There will be a podium structure at the base of the Tower which integrates public circulation (via the district 'sky-bridge' system of the Masterplan) with the private amenity spaces (including the CMA Dining Facilities and a two storey state-of-the-art Auditorium) all within a breathtaking contemporary design. The project is due to complete beginning of 2012. The building will incorporate energy efficient design to the very best Leadership in Energy and Environmental Design (LEED) credentials and it will make use of leading edge technologies such as photovoltaics.This premier 'Class A' office space integrates intelligent, cutting edge and adaptable services while adhering to the inherent principles of a 'Green Building' and at the same time creating an enjoyable working environment(2). Dr. Said Rabiah, CMA Project Department Manager commented:- "We wanted to select consultants who have a proven track record of delivering tall buildings throughout the world and Cyril Sweett have excellent experience. The project needs to be delivered in a short timeframe, however we believe the team will deliver our project on time, to budget and to the highest appropriate level of quality." Ramzi Nawfal, Regional Director, Saudi Arabia, commented: "This is an exciting yet complex project which will offer a series of challenges and risks. Given our experience in the successful delivery of project and cost management services across many major prestigious commercial development projects across the globe, particularly here in the Middle East, Cyril Sweett is well placed to manage these risks."
For further information and photography, call:
Dean Webster, Chief Executive Officer Caroline Covill, Head of Communications 020 7061 9102 ; 07810 551 128
Brewin Dolphin Investment Banking
Sean Wyndham-Quin
Jonathon Brill Billy Clegg Georgina Bonham Notes to Editors: (1) Top 15 list of tallest buildings and structures in the world (From Wikipedia 2/11/2009)
Sightseeing Tower
10
(2) Environmental credentials Whilst the architectural quality of the 'skin' of the building is highly visual, it is also a high performance solar control system, combining the technical efficiency of a triple glazed unitised panel that is further shaded by an external layer of fins, catwalks and perforated panels. The shading devices are oriented to minimise solar gain and internal cooling loads thereby saving on the size of the HVAC installation and reducing annual energy costs. Electrical energy will be re-claimed through the photo-voltaic installation on the roof of the Tower and also on the external fins. Internal heat gains are further reduced by eliminating copper wire-based distribution systems for Data and Security, utilising instead the 'cool' technologies of wireless communication, air blown fibre strands and 'converged networks'. The intelligent infrastructure will merge voice, data and video networks to reduce costs, centralise management and boost productivity. Redundant capacity is built into all systems to accommodate for future expansion and upgraded technology. About Cyril Sweett Group plc
This information is provided by RNS The company news service from the London Stock Exchange END
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| 30-10-09 | RNS |
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RNS Number : 6933B Cyril Sweett Group PLC 30 October 2009
Cyril Sweett Group Plc (the 'Company') 30 October 2009
VOTING RIGHTS AND CAPITAL In conformity with the Transparency Directive's transitional provision 6 we would like to notify the market of the following: Cyril Sweett Group Plc's capital consists of 57,582,328 ordinary shares with a nominal value of 10p each ('Ordinary Shares'). The Company holds 1,418,389 Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 56,163,939. The figure of 56,163,939 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-10-09 | RNS |
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RNS Number : 6829A Cyril Sweett Group PLC 13 October 2009 Cyril Sweett Group plc (the 'Company') 13 October 2009 Transaction in own shares The Company announces that on 12 October 2009 it purchased 88,394 ordinary shares of 10p each in the Company ('Ordinary Shares') at a price of 40 pence per share. These shares will be held in Treasury. This purchase equates to approximately 0.15% per cent of the Company's issued share capital. Following the purchase, the Company holds 1,418,389 of its Ordinary Shares in Treasury and has a total of 56,163,939 Ordinary Shares with voting rights (excluding shares held in Treasury) in issue. For further information, please contact:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-10-09 | RNS |
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RNS Number : 6440A Cyril Sweett Group PLC 13 October 2009 13th October 2009 Cyril Sweett Group plc ('Cyril Sweett' or the 'Group') Pre-close Trading Update Cyril Sweett, the international construction and property consultancy, is pleased to provide a pre-close trading update for the half year ended 30 September 2009. Overall trading for the half year is expected to be in line with management's expectations. Of note, there will be a number of one-off costs being absorbed within operating profits and an exceptional cost of approximately £0.4m recognised in respect of expenditure incurred on a PFI project abandoned by Norfolk County Council after preferred bidder status had been achieved. The UK business has been subject to the reduced levels of activity and pricing pressure anticipated at the beginning of the year, when we took the appropriate action to re-align our cost base. Conditions in our public sector markets have been better than those in the commercial and retail sectors, which seem to have stabilised. The Group has a clear strategy to expand internationally to further diversify the business and we are seeing a number of opportunities in our core trading areas both in terms of prospective projects and acquisition potential. We have reduced our reliance on certain weaker markets and are targeting territories where we perceive long-term growth opportunities. The costs of the development activities are being accommodated within operating profits, which will reflect a poor performance in Australia. Furthermore, in line with our strategy to continue to grow the Group's PPP Investment business across a wider sector base, we are currently working on several PPP and PFI prospects, one of which achieved construction completion within the period. We are also part of the consortium which was appointed by NHS Cumbria to form a Local Improvement Finance Trust (LIFT) company to finance and redevelop the county's existing community hospitals. Interim results will be announced on 1 December 2009.
For further information and photography, call:
Dean Webster, Chief Executive Officer Caroline Covill, Head of Communications 020 7061 9102 ; 07810 551 128
Brewin Dolphin Investment Banking
Sean Wyndham-Quin
Jonathon Brill Billy Clegg Georgina Bonham This information is provided by RNS The company news service from the London Stock Exchange END
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| 12-10-09 | RNS |
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RNS Number : 6199A Cyril Sweett Group PLC 12 October 2009 Cyril Sweett Group plc (the "Company") 12 October 2009 Award of shares under the Share Incentive Plan The Company announces that it has received notification on 9 October 2009 that following the end of the quarterly accumulation period ended 30 September 2009, Capita IRG Trustees Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP') awarded 251,341 Ordinary shares of 10 pence each in the Company ("Ordinary Shares") to participants in the plan on 9 October 2009. The SIP is a discretionary trust for the benefit of employees of the Company and participating subsidiaries, which holds Ordinary Shares acquired and/or awarded under the partnership, matching free and dividend shares sections of the plan. During the last quarterly accumulation period, eligible participating employees contribute funds to purchase partnership shares which are matched on a two for five basis. Dividends in respect of shares held by the SIP are re-invested to purchase dividend shares. Following the quarterly appropriation Capita IRG Trustees Limited holds 10,061,404 Ordinary Shares. Directors in the Company who are beneficiaries of the SIP and their respective beneficial holdings in the Company, before and after this quarterly appropriation, are as follows:
At the date of this announcement, the Company's issued share capital consists of 56,252,333 Ordinary shares with voting rights and the Company holds 1,329,995 Ordinary Shares in Treasury. For further information, call:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin
ENDS This information is provided by RNS The company news service from the London Stock Exchange END
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| 07-10-09 | RNS |
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RNS Number : 3910A Cyril Sweett Group PLC 07 October 2009 7 October 2009 Cyril Sweett Group plc ('Cyril Sweett' or the 'Group') Cyril Sweett joint venture appointed as NHS Cumbria LIFT Partner Cyril Sweett Group, the international construction and property consultancy, is pleased to announce that Express LIFT Investments Limited ("ELIL") has been selected to deliver a multi-million pound programme of health projects across Cumbria in what is a UK first. ELIL is a joint venture created by Cyril Sweett Investments Limited, a specialist PFI investment business within Cyril Sweett, Anagennao Limited and Sutton Harbour Holdings plc, to take part in the Express LIFT National Framework initiative. NHS Cumbria has appointed ELIL to form a Local Improvement Finance Trust ("LIFT") company to finance and redevelop the counties ageing community hospitals and deliver a range of other health facilities. The Consortium will assist in delivering an initial pipeline of projects worth around £85 million over the first six years of the 20-year partnership. Cumbria is the first area in England to come forward under the Government's national 'Express LIFT' procurement framework. ELIL is one of just seven private sector partners chosen from a shortlist of 14 bidders by the Department of Health to work under the new framework. Following an evaluation process over the summer, ELIL will now work with NHS Cumbria to finalise plans and manage the re-build Cumbria's community hospitals, building local supply chains to deliver high-quality, flexible and sustainable healthcare facilities. The LIFT model will also allow a range of other buildings to be procured, from small GP practices to one-stop health centres. The re-building of Cumbria's community hospitals is a central part of NHS Cumbria's drive to provide more health services, closer to where people live. Plans for Brampton, Cockermouth and Millom are already in development; with plans for Alston, Keswick, Maryport, Penrith, and Wigton hospitals set to follow. Ken Gill, Managing Director, Cyril Sweett Investments, said: "We are very pleased to have the opportunity to work in partnership with NHS Cumbria to help deliver their community hospital redevelopment plans, which are at the cornerstone of their Closer to Home initiative, which will see new facilities and services providing real benefit to the people of Cumbria." Maggie Chadwick, Chair of NHS Cumbria, said "We are delighted to have appointed ELIL as our LIFT Partner. Their involvement will bring extensive experience in delivering large infrastructure schemes for the NHS, and we look forward to our new LIFTCo accelerating our plans to re-develop our community hospitals in the most cost effective way." Dean Webster, Cyril Sweett Group CEO commented: "We are delighted that Express LIFT Investments Limited, has been appointed for the UK's first LIFT National Framework initiative. Express LIFT Investments Limited ("ELIL") was created specifically to take part in the initiative and to have secured the NHS Cumbria partnership is an exciting and significant achievement for the Group. "There is a strong pipeline of business over the coming years from the Cumbria LIFT partnership and we look forward to working with our joint venture partners to achieve first-class delivery throughout. In addition, there are wider opportunities that the Express LIFT framework will present to Cyril Sweett in the future."
Notes to Editors: 1. Express LIFT Investments Limited ("ELIL") is a limited company which was created specifically to take part in the Express LIFT National Framework initiative. ELIL is a joint venture that brings together parties who have a first-class record of delivery in the NHS LIFT market place and other Public Private Partnership initiatives. For more information on ELIL, please visit www.elil.co.uk 2. Cyril Sweett Investments is a specialist business within Cyril Sweett Group plc, tasked with investing in PFI projects. Cyril Sweett Investments invests in Special Purpose Vehicles (SPVs) in PFI and PPP projects. Cyril Sweett Investments is one of the LIFT Partners for the Express Local Improvement Finance Trust (LIFT) framework. 3. Currently around half of Primary Care Trusts in England are using NHS LIFT to update facilities and build new, modern GP surgeries, health centres and walk-in centres. LIFT enables PCTs and local authorities to develop new capital schemes faster than traditional procurement methods and provides a framework for long-term partnership between the public sector and private sector developers. 4. Express LIFT accelerates this process even further, offering PCTs and local authorities who have not yet conducted their own procurement, the opportunity to select a pre-approved LIFT partner more quickly and cost effectively from the list. Local procurements from the Express LIFT framework can be completed within three or four months as opposed to two years as is currently the case. This information is provided by RNS The company news service from the London Stock Exchange END
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| 01-10-09 | RNS |
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RNS Number : 1036A Cyril Sweett Group PLC 01 October 2009 Cyril Sweett Group Plc (the 'Company' or 'Cyril Sweett') 1 October 2009 Change of Trustee With effect from 1 October 2009, the trusteeship of Cyril Sweett's Share Incentive Plan (SIP) (previously the All Employee Share Ownership Plan) has been transferred from Cyril Sweett Trustee Company Limited to Capita IRG Trustees Limited. The SIP is a discretionary trust which holds shares on behalf of employees of Cyril Sweett Group plc and participating subsidiaries. As a result, 9,810,063 shares previously held by Cyril Sweett Trustee Company Limited have been transferred to Capita IRG Trustees Limited, with the balance of 399,006 shares remaining in the name of Cyril Sweett Trustee Company Limited. This balance of shares is either pending transfers to beneficiaries or unallocated shares which will be used for future share appropriations.
For further information, please contact:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin This information is provided by RNS The company news service from the London Stock Exchange END
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| 01-10-09 | RNS |
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RNS Number : 0464A Cyril Sweett Group PLC 01 October 2009 Cyril Sweett Group Plc (the 'Company')
VOTING RIGHTS AND CAPITAL In conformity with the Transparency Directive's transitional provision 6 we would like to notify the market of the following: Cyril Sweett Group Plc's capital consists of 57,582,328 ordinary shares with a nominal value of 10p each ('Ordinary Shares'). The Company holds 1,332,738 Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company is 56,249,590. The figure of 56,249,590 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin This information is provided by RNS The company news service from the London Stock Exchange END
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| 29-09-09 | RNS |
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RNS Number : 8459Z Cyril Sweett Group PLC 29 September 2009 Cyril Sweett Group plc (the "Company") 29 September 2009 Award of shares under the Share Incentive Plan The Company announces that it has received notification today that Cyril Sweett Trustee Company Limited, trustee of the HMRC approved Cyril Sweett All Employee Share Ownership Plan ("SIP') has used its dividend to purchase dividend shares on behalf of participants in the SIP. The SIP is a discretionary trust for the benefit of employees of the Company and participating subsidiaries, which holds Ordinary Shares acquired and/or awarded under the partnership, matching free and dividend shares sections of the plan. During a quarterly accumulation period, eligible participating employees contribute funds to purchase partnership shares which are matched on a two for five basis. Dividends in respect of shares held by the SIP are re-invested to purchase dividend shares. Following the dividend re-investment, 361,998 Ordinary shares of 10 pence each in the Company ("Ordinary Shares") were awarded to participants in the plan on 21 August 2009, following which Cyril Sweett Trustee Company Limited holds 10,209,069 Ordinary shares. Directors in the Company who are beneficiaries of the SIP and their respective beneficial holdings in the Company, before and after this quarterly appropriation, are as follows:
At the date of this announcement, the Company's issued share capital consists of 56,249,590 Ordinary shares with voting rights and the Company holds 1,332,738 Ordinary Shares in Treasury. For further information, call:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin
ENDS This information is provided by RNS The company news service from the London Stock Exchange END
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| 29-09-09 | RNS |
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RNS Number : 8451Z Cyril Sweett Group PLC 29 September 2009 Cyril Sweett Group plc (the 'Company') 29 September 2009 Transaction in own shares The Company announces that on 28 September 2009 it transferred 361,998 ordinary shares of 10p each in the Company ('Ordinary Shares') from Treasury to [Cyril Sweett Trustee Company Limited]. The transfer represents 0.63% of the issued share capital of the Company. Following the transfer, the Company holds 1,332,738 of its Ordinary Shares in Treasury and has a total of 56,249,590 Ordinary Shares with voting rights (excluding shares held in Treasury) in issue. Following the transfer, the Cyril Sweett Trustee Company Limited holds 10,209,069 Ordinary Shares representing 18.15% of the voting rights in the Company. For further information, please contact:
Francesca Wilson, Company Secretary
Andrew Kitchingman Sean Wyndham-Quin
ENDS This information is provided by RNS The company news service from the London Stock Exchange END
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| 11-09-09 | RNS |
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RNS Number : 9143Y Cyril Sweett Group PLC 11 September 2009 11th September 2009 Cyril Sweett Group plc ('Cyril Sweett' or the 'Group') Result of AGM Cyril Sweett, the international construction and property consultancy, announces that at the Group's Annual General Meeting held today all resolutions put to shareholders by the board were duly passed.
For further information call:
Dean Webster, Chief Executive Officer
Caroline Covill, Head of Communications 020 7061 9102
Andrew Kitchingman
Sean Wyndham-Quin
Jonathon Brill Billy Clegg Georgina Bonham This information is provided by RNS The company news service from the London Stock Exchange END
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