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About this update from Mears Group Plc
[{"type":"text","content":"\n Mears Group PLC\n06 July 2007\n\n\n6 July 2007\n\nMears Group PLC ('Mears' or the 'Company')\n\nHackney and Islington Contract - BBC Report\n\nCertain allegations have been made in a BBC 5 Live report regarding the\nCompany's conduct relating to works carried out for the Family Mosaic Housing\nAssociation in Hackney and Islington ('Family Mosaic').\n\nThe Company is taking the allegations seriously. Its own initial investigations\non the matter have shown there to be no substance to the claims made but Mears\nwelcomes an independent investigation by The Housing Corporation, the sector's\nregulator. Mears expects this to be completed in the next few weeks and the\nBoard is confident of a satisfactory outcome.\n\nMears conducts over 20,000 jobs per annum on behalf of Family Mosaic, a contract\nwhich began in October 2004. Family Mosaic independently measures Mears'\nperformance and these measures support Mears' own information showing around 90%\ncustomer satisfaction levels, significantly exceeding sector norms.\nMears' processes for managing jobs through to post inspection are fully audited\nboth internally and externally.\n\n\nEnquiries\n\nMears Group PLC\nBob Holt, Chief Executive 07778 798816\nDavid Robertson, Finance Director 07887 705357\n\nWeber Shandwick Financial\nTrevor Bass/Alex White 020 7067 0743\n\nNominated adviser to Mears\nInvestec\nMichael Ansell 020 7597 5970\nDaniel Adams\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1548,"tagName":"div"}]