Further to the announcement on 30 March 2015, Serco confirms that all closing conditions and approvals have now been achieved, and therefore the sale of Great Southern Rail was completed in Australia earlier this morning.
Serco Group plc (‘Serco’ or ‘the Company’), the international service company, announces that Sir Roy Gardner will be appointed Non-Executive Chairman with effect from 1 July 2015, joining the Board as Non-Executive Director from 1 June 2015 to enable a handover period with current Chairman, Alastair Lyons.
Serco, the international service company, has announced today a 1 year contract extension with the Iraq Civil Aviation Authority (ICAA). Since 2011 Serco has consistently demonstrated its ability to deliver safe and efficient air traffic services to the Iraqi Government and remains committed to the training and development of Iraqi nationals.
Serco's defence business has again been recognised for outstanding health and safety performance with a President's (10 consecutive Golds) Award in the Royal Society for the Prevention of Accidents (RoSPA) Occupational Health and Safety Awards 2015.
The UK Ministry of Defence (MOD) has taken up a number of contract options with Serco to continue to provide support at three key bases, RAF Northolt, RAF Brize Norton and RAF Cranwell/Scampton. The combined total value of these contract options is £36m.
Today the Minister of Corrections, the Hon. Peseta Sam Lotu-Iiga opened the new Auckland South Corrections Facility at Wiri. The prison, also known as Kohuora, is one of the most modern corrections facilities in the world and will house up to 960 male prisoners in a high security environment.
Serco Group plc, the international service company, in accordance with its notice to shareholders, will be holding its Annual General Meeting (AGM) this afternoon.
Jan Chaudhry has been appointed the new Managing Director for Merseyrail by joint venture shareholders, Serco and Abellio UK. Currently the Deputy MD at Abellio UK, Jan will take up the new post in July 2015.
Serco Group plc ('Serco'), the international service company, is pleased to announce that following the successful completion of the Rights Issue to raise gross proceeds of approximately £555m, it has today satisfied all conditions of the refinancing announced on 12 March 2015 and the amended finance agreements with its lending banks and US placement noteholders have become effective today.
Broome-based charity Feed the Little Children (FTLC) will be able to feed its 300 needy children for seven weeks following a sponsorship from Serco Australia.
Serco Inc., a provider of professional, technology and managed services, announced today the award of two contracts to continue its 20-plus years of supporting the Federal Aviation Administration's (FAA) Contract Tower (FCT) Program. Serco will provide air traffic control specialists, safety managers, and program management services in support of 58 Air Traffic Control Towers (ATCTs) in 11 western states, including Alaska, California and Colorado.
Serco, the international service company, today marks the first day of its strategic partnership with Lincolnshire County Council under a contract that will see it provide a range of business process and contact centre services for the Council, delivering savings of more than £14m over five years.
The first guests will be welcomed on board the inaugural service of the new Caledonian Sleeper train franchise which is set to depart from Fort William this evening (31 March).
Serco Group plc (Serco), the international service company, has agreed the sale of its Great Southern Rail (GSR) business to Australian private equity firm Allegro Funds for an enterprise value and cash consideration of £2.5m. The transaction is part of the disposal programme of businesses identified as not being core to Serco's future strategy, as announced initially in November 2014. The sale is expected to complete in the coming months, subject to customary closing conditions and approvals.
Serco, the international service company, has won a 15 year contract with Birmingham City Council to manage nine leisure centres across the city, including the design, build and operation of four new swimming pools.
First Minister Nicola Sturgeon has marked the launch of the new Caledonian Sleeper train franchise, which will see the cross-border overnight service transformed into a world-class rail hospitality experience.
Andrew Selous MP, Minister for Prisons, Probation and Rehabilitation has today opened the new extension at HMP Thameside, which is managed and operated by Serco on behalf of the Ministry of Justice (MoJ).
RESTON, VIRGINIA - Serco Inc., a provider of professional, technology, and management services, has been awarded a contract with the Navy Personnel Command to provide Identification Card Administration (ICA) at 67 military sites around the world.
Serco, the international service company, welcomes the announcement by NHS Dumfries and Galloway that they have reached financial close on the new acute district general hospital for the region.
Rupert Soames, Serco Group Chief Executive Officer, said: "2014 has been an extremely difficult year for Serco, and the magnitude of the provisions, impairments and other charges reflects the scale of the challenges we have had to face. However, there is a real sense that, having confessed our sins and in taking the punishment, we are now ready to start on the path to recovery. We have all we need: a good plan, strong management to execute it, and, following the successful completion of our proposed rights issue and refinancing, a balance sheet that is an appropriate foundation on which to implement our new strategy."