Office Moves
03 9월 2009 - 3:00PM
UK Regulatory
TIDMBQS
RNS Number : 4312Y
Baqus Group PLC
03 September 2009
FOR RELEASE
7.00 AM
3 September 2009
BAQUS GROUP PLC
("Baqus" or "the Group")
(the building consultancy and quantity surveying group)
OFFICE MOVES
* Change of Registered Office
* Integration of London based operations
* Baqus Denley King moves to new premises in Bournemouth
Baqus is pleased to announce that with effect from the 3 September 2009, the
London Office and Registered Office will be relocated to:
Baqus Group plc
2/3 North Mews
London
WC1N 2JP
Tel: 020 7831 1283
Fax: 020 7242 9512
The new London Office will enable the Group to integrate the London based
operation of the Nigel Rose Group which it acquired in July this year and is
part of the ongoing process of exploiting synergies and rationalising costs
across the Group while, at the same time, increasing the range of services it
can provide to its growing client base.
The Baqus Denley King office will move from its existing premises in Poole with
effect from 14 September to:
Baqus Denley King
Dean Park House
8 - 10 Dean Park Crescent
Bournemouth
BH1 1HL
Tel: 01202 204 888
Fax: 01202 318 640
The new location provides easy access to the main business centres of
Bournemouth and Poole, as well as easy access to trunk roads and the mainline
station. The office will provide Quantity Surveying, Building Surveying, Project
Management and CDM Co-ordination services to public and private clients across a
variety of sectors.
Clive Sayer, the Baqus Chief Executive, commented:
"These office moves are a critical part of the Group's overall strategy of
continuously improving efficiency and the service that we give to our clients
whilst at the same time controlling costs. The moves also mean we are able to
offer existing team members and people who join the Group in London and
Bournemouth a much better working environment which will encourage staff
retention and new people to join the Group."
Contact:
Baqus Group plc
Clive Sayer (Chief Executive) 07967 132 221
Patrick Lineen (Finance Director) 07818 034 452
Seymour Pierce (Nominated Adviser and Broker)
Mark Percy / Catherine Leftley 020 7107 8000
Cubitt Consulting (Financial Public Relations Advisers)
Brian Coleman-Smith / James Verstringhe 020 7367 5100
Background Note:
Baqus was admitted to trading on AIM on the 14 December 2007, having raised
GBP1.75 million through a placing of 17,500,000 Ordinary Shares.
Baqus is a national building consultancy and quantity surveying group offering
construction cost consultancy, project management and building surveying
services to clients in the UK. The Group works across a number of business
sectors including: health, education, leisure, hospitality, affordable housing,
residential, commercial and conservation. Clients include local authorities,
central government, NHS, residential Housing Associations, commercial companies
and developers.
The Quantity Surveying Market in the UK, estimated to be worth in excess of GBP1
billion, is highly fragmented and dominated by a small number of major players,
which the Baqus Group Directors believe make it ripe for consolidation. Since
the Group's admission to AIM, they have been pursuing a strategy of acquiring
small to medium sized Quantity Surveying practices across the country, the most
recent of which is Nigel Rose Group. Previous activity includes the acquisition
of Sworn King and Partners and the signing of a share option agreement to
acquire Liverpool based transport and infrastructure specialist, Brian Hannaby &
Associates. Once acquired, the practices are incorporated into the wider Group
with a particular emphasis on exploiting opportunities for operational synergies
with existing business units.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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