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Pin to quick picksUnited Utilities Regulatory News (UU.)

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Share Price: 982.60
Bid: 981.20
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Change: -0.80 (-0.08%)
Spread: 0.60 (0.061%)
Open: 986.80
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Prev. Close: 983.40
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Re Contract

20 Apr 2005 09:00

VERTEX PROGRESS Vertex, the business process outsourcing arm of United Utilities PLC, todayissues an update on progress on a number of its operations.Thurrock CouncilDuring April Vertex successfully mobilised the first phase of its ‚£427 millioncontract to provide Thurrock Council with business process outsourcingservices, which aim to improve the way in which the council deals with itscitizens. The contract is being managed in conjunction with United UtilitiesContract Solutions, which is providing facilities management, highwaysengineering and transportation services to the Council.During the initial stages of the 15 year contract, around 600 Council employeesworking on ten key Council services are transferring to Vertex or UnitedUtilities Contract Solutions, ranging from business accounting and financialservices to revenue services, procurement and human resources.PowergenVertex has signed a new seven-year contract, with a review point after fouryears, with Powergen Retail Ltd, part of E.ON UK. This amends its currentagreement, which began in 2003.Previously Vertex had been providing customer service activities to aroundthree and a half million former TXU customers, who were acquired by Powergen inOctober 2002. At the same time Powergen was responsible for directly managingits own two and a half million customers. To enable both companies to maximiseeconomies of scale, the new longer-term contract will redistribute work on afunctional basis for Powergen's entire six million customer base.Vertex will expand its current printing activity to include the production ofbills and statements, nearly doubling the level of this activity, whilstPowergen will take responsibility for the direct management of the majority ofits customer base. Vertex will also continue to manage activities for 430,000Powergen Staywarm customers, who have between them 850,000 separate gas and/orelectricity accounts. Powergen Staywarm offers a fixed price gas andelectricity service to customers aged over 60.Second Indian contact centre commissionedTo support growth and new contract wins, Vertex has commissioned a secondcontact centre close to its established operations in New Delhi India, whichemploys over 1,500 people and is now operating at full capacity.The new site will have a capacity of around 900 seats, and is being developedto accommodate growth in Vertex's offshore business. It is envisaged that thecentre will handle work for a number of Vertex's private sector clients,including The Trainline. It will also provide services to Vertex's subsidiaryFirst Revenue Assurance (FRA), which is based in Denver, USA. Vertex has also recently signed a new three year contract with Orange, which will beserviced out of Vertex's operations in New Delhi.For further information on any of these items please contact:InvestorsSimon Bielecki, Investor Relations ManagerTel: +44 (0) 1925 237033Mobile: + 44 (0) 7810 157649MediaEvelyn Brodie, Head of Corporate and Financial CommunicationsTel: +44 (0) 20 7307 0309Mobile: + 44 (0) 7973 306773ENDUNITED UTILITIES PLC
Date   Source Headline
19th Jun 202411:15 amRNSDirector/PDMR Shareholding
19th Jun 202411:10 amRNSDirector/PDMR Shareholding
18th Jun 20242:22 pmRNSDirector/PDMR Shareholding
17th Jun 202412:24 pmRNSAnnual Financial Report
12th Jun 20243:22 pmRNSDirector/PDMR Shareholding
28th May 20242:16 pmRNSDirector/PDMR Shareholding
28th May 202412:15 pmRNSPublication of Final Terms
17th May 202412:37 pmRNSPublication of Suppl.Prospcts
16th May 20247:00 amRNSFinal Results
14th May 20243:45 pmRNSDirector/PDMR Shareholding
16th Apr 20243:07 pmRNSUnited Utilities Board Changes
12th Apr 202411:28 amRNSDirector/PDMR Shareholding
2nd Apr 20249:57 amRNSDirector/PDMR Shareholding
22nd Mar 20241:28 pmRNSTender Offer - Final Results
22nd Mar 20249:24 amRNSTender Offer - Indicative Results
21st Mar 202410:00 amRNSDirector/PDMR Shareholding
15th Mar 20249:02 amRNSTender Offer
13th Mar 202411:43 amRNSDirector/PDMR Shareholding
23rd Feb 20241:00 pmRNSPublication of Final Terms
22nd Feb 202411:47 amRNSDirector/PDMR Shareholding
14th Feb 20247:00 amRNSUnited Utilities Group PLC - Trading Update
13th Feb 20242:54 pmRNSDirector/PDMR Shareholding
7th Feb 202412:20 pmRNSPublication of Final Terms
2nd Feb 20242:42 pmRNSDirector/PDMR Shareholding
31st Jan 202411:04 amRNSBlock listing Interim Review
22nd Jan 202411:42 amRNSPublication of Final Terms
19th Jan 20243:23 pmRNSKey corporate dates
15th Jan 20248:50 amRNSDirector/PDMR Shareholding
15th Dec 20234:15 pmRNSDirector/PDMR Shareholding
15th Dec 20234:15 pmRNSDirector/PDMR Shareholding
12th Dec 20232:00 pmRNSDirector/PDMR Shareholding
5th Dec 20234:40 pmRNSDirector/PDMR Shareholding
22nd Nov 20233:08 pmRNSDirector/PDMR Shareholding
21st Nov 20234:24 pmRNSPublication of a Prospectus
17th Nov 20234:17 pmRNSDirector/PDMR Shareholding
16th Nov 20237:00 amRNSHalf-year Report
14th Nov 20232:25 pmRNSDirector/PDMR Shareholding
12th Oct 20232:02 pmRNSDirector/PDMR Shareholding
5th Oct 20233:04 pmRNSDirector/PDMR Shareholding
5th Oct 202311:45 amRNSDirector/PDMR Shareholding
5th Oct 202311:02 amRNSDirector/PDMR Shareholding
4th Oct 20234:37 pmRNSDirector/PDMR Shareholding
3rd Oct 20232:36 pmRNSHolding(s) in Company
2nd Oct 20237:00 amRNSPR24 Submission and Trading Update
26th Sep 20238:49 amRNSHolding(s) in Company
19th Sep 20234:10 pmRNSDirector/PDMR Shareholding - Amendment
19th Sep 202311:00 amRNSHolding(s) in Company
14th Sep 20234:20 pmRNSDirector/PDMR Shareholding
14th Sep 20234:18 pmRNSDirector/PDMR Shareholding
29th Aug 202310:05 amRNSHolding(s) in Company

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