RCS - Boot(Henry) PLC - HENRY BOOT WINS £36m REDEVELOPMENT CONTRACT

Henry BootAnnouncement

15/05/2024 07:00

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RNS Number : 3686O  Boot(Henry) PLC  15 May 2024

 

15 May 2024

HENRY BOOT PLC

('Henry Boot' or 'the Company')

HENRY BOOT WINS CONTRACT TO DELIVER £36 MILLION ROTHERHAM MARKETS
REDEVELOPMENT

Henry Boot PLC has announced that its construction business has been appointed
by Rotherham Council to deliver the £36m redevelopment of Rotherham Markets
and an adjacent new library, forming a key part of the wider town centre
masterplan.

 

The project comprises a major refurbishment and redevelopment of the existing
indoor and outdoor Rotherham Markets. This will include creating a vibrant new
food hall and dining area on the first level above the existing ground floor
retail, in addition to new workspace for charities, social enterprises and
voluntary groups on the second floor.

 

While the refurbished adjoining outdoor market will continue to be used
predominantly as a market for local traders, it will also be redeveloped for
use as a multi-functional space to host exhibitions and community events. A
new library will also be built to offer a café, meeting rooms and flexible
gallery space.

 

As part of Henry Boot Construction's objective to make a positive impact in
the region, the business has committed to deliver significant social value,
employing local subcontractors, creating jobs and delivering training
initiatives during construction.

 

The contract was procured and awarded to Henry Boot Construction through the
Crown Commercial Services' (CCS) Construction Works and Associated Services
framework.

 

Tim Roberts, CEO of Henry Boot, commented: "The Rotherham Markets is an
important and significant local redevelopment and the fact that we have won
this project is testament to the strength of our construction business and its
track record of high-quality delivery, having led on major urban regeneration
projects in Barnsley and Sheffield over recent years. In what is a challenging
market for the sector, this latest contract means that we have now secured
over 60% of our order book for 2024 and continue to work hard to grow our
pipeline in our target markets."

 

Andrew Bramidge, Interim Strategic Director for Regeneration & Environment
Rotherham Metropolitan Borough Council, said: "We're delighted to secure Henry
Boot Construction as our partner in delivering this latest regeneration
project in our historic town centre. Their building expertise will help
breathe life into our detailed plans for this key location and produce an
impressive new venue for present and future generations to enjoy."

 

-ENDS-

 

 

Enquiries:

 

FTI Consulting

Richard Sunderland / Giles Barrie

Tel: +44 7894 797067 / +44 7798926814

Email: henryboot@fticonsulting.com (mailto:henryboot@fticonsulting.com)

 

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Chief Financial Officer

Daniel Boot, Senior Corporate Communications Manager

Tel: 0114 255 5444 / 07825 088807

www.henryboot.co.uk

 

Deutsche Numis

Joint Corporate Broker

Ben Stoop

Tel: 020 7260 1000

 

Peel Hunt LLP

Joint Corporate Broker

Ed Allsopp / Charles Batten

Tel: 020 7418 8900

 

About Henry Boot PLC

 

Henry Boot PLC (BOOT.L) was established in 1886 and is one of the UK's
leading and long-standing property investment and development, land promotion
and construction companies. Based in Sheffield, the Group is comprised of the
following three segments:

 

Land Promotion:
Hallam Land Management Limited
(http://www.henryboot.co.uk/our-businesses/hallam-land-management/)

 

Property Investment and Development:
Henry Boot Developments Limited (HBD)
(http://www.henryboot.co.uk/our-businesses/hbd/) , Stonebridge Homes Limited
(http://www.henryboot.co.uk/our-businesses/stonebridge-homes/)

 

Construction:
Henry Boot Construction Limited
(http://www.henryboot.co.uk/our-businesses/henry-boot-construction/) , Banner
Plant Limited (http://www.henryboot.co.uk/our-businesses/banner-plant/) , Road
Link (A69) Limited (http://www.henryboot.co.uk/our-businesses/road-link-a69/)

 

The Group possesses a high-quality strategic land portfolio, a proven
reputation in the property development market for creating places with
purpose, backed by a substantial investment property portfolio and an
expanding, jointly owned, housebuilding business. It has a construction
specialism in both the public and private sectors, a plant hire business, and
generates strong cash flows from its PFI contract, Road Link (A69) Limited.

 

www.henryboot.co.uk (http://www.henryboot.co.uk)

 

 

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