REG - Harland & Wolff - Update on Harland & Wolff (Methil) Limited

Harland & Wolff groupAnnouncement

17/06/2022 11:15

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RNS Number : 2974P  Harland & Wolff Group Holdings PLC  17 June 2022

 

 

17 June 2022

 

Harland & Wolff Group Holdings plc

("Harland & Wolff" or the "Company")

Update on Harland & Wolff (Methil) Limited

 

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company
focused on strategic infrastructure projects and physical asset lifecycle
management, provides an update on labour relations at Harland & Wolff
(Methil) Limited (Methil).

The Company has not yet recognised any trade union at the Methil facility. The
Company has made it abundantly clear that it seeks to recognise trade unions
and enter into negotiations on the collective bargaining agreement with the
workforce, similar to the successful agreement that the Company reached with
the trade unions in Harland & Wolff (Belfast) Limited.

Despite the Company stating its position in no uncertain terms, the local
representatives of GMB and Unite have unilaterally decided to call a wildcat
strike of the workforce in Methil this morning. The Company has sought legal
advice and determined that due process has not been followed and, therefore,
this strike action is illegal.

The Company remains committed to recognising trade unions and to maintain
excellent labour relations. To that extent, it will continue discussions with
the local trade union representatives in order to reach a mutually agreed
position and commence negotiations on the collective bargaining agreement as
quickly as possible. For the avoidance of doubt, wages of the local workforce
have been paid on time and will continue to be paid in line with their
respective employment contracts.

Harland & Wolff, group CEO John Wood, commented:

"It is most unfortunate that the local representatives of the trade unions
have taken this sort of strike action unilaterally. This kind of militant
action does not help any party - the Company, the workforce or the client. As
a Group that operates across the UK, we believe that trade unions should be
recognised and collective bargaining agreements should be negotiated in good
faith. However, there is a process to be followed and illegal, unjustified
strike action achieves very little except for bringing the Company, the
workforce and the wider economy into disrepute and causing unnecessary
uncertainties. The Company is engaged in constructive dialogue at all levels
with the trade unions and will seek to reach mutual agreement as quickly as
possible."

For further information, please visit www.harland-wolff.com
(http://www.harland-wolff.com/)  or contact:

 

 Harland & Wolff Group Holdings plc                                        +44 (0)20 3900 2122

 John Wood, Chief Executive Officer                                        investor@harland-wolff.com (mailto:investor@harland-wolff.com)

 Seena Shah, Head of Marketing & Communications                            media@harland-wolff.com (mailto:media@harland-wolff.com)

 Cenkos Securities plc (Nominated Adviser & Broker)                        +44 (0)20 7397 8900

 Stephen Keys / Callum Davidson / Dan Hodkinson (Corporate Finance)

 Michael Johnson (Sales)

 

About Harland & Wolff

Harland & Wolff is a multisite fabrication company, operating in the
maritime and offshore industry through five markets: commercial, cruise and
ferry, defence, energy and renewables and six services: technical services,
fabrication and construction, decommissioning, repair and maintenance,
in-service support and conversion.

 

Its Belfast yard is one of Europe's largest heavy engineering facilities,
with deep water access, two of Europe's largest drydocks, ample quayside and
vast fabrication halls. As a result of the acquisition of Harland & Wolff
(Appledore) in August 2020, the company has been able to capitalise on
opportunities at both ends of the ship-repair and shipbuilding markets where
there will be significant demand.

 

In February 2021, the company acquired the assets of two Scottish-based yards
along the east and west coasts. Now known as Harland & Wolff (Methil) and
Harland & Wolff (Arnish), these facilities will focus on fabrication work
within the renewables, energy and defence sectors.

 

In addition to Harland & Wolff, it owns the Islandmagee gas storage
project, which is expected to provide 25% of the UK's natural gas storage
capacity and to benefit the Northern Irish economy as a whole when completed.

 

 

 

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