Posts Tagged ‘Spotless Group’

Spotless To Provide Prison Food For NZ Department Of Corrections

Friday, May 7th, 2010

The NZ Department of Corrections has awarded a major five year facilities management contract to Spotless Group Limited (SPT). The contract spans 20 prisons and 125 community probation and psychological services sites. As part of a single contract, which begins on 1 July 2010, Spotless will employ more than 100 people servicing 145 locations nationally. Spotless will be responsible for delivering approximately 15 services including skilled trades, asset maintenance, cleaning and painting services.

Josef Farnik, Spotless Group Managing Director and CEO, said the contract is recognition of Spotless’ ability to deliver multiple services within critical client environments – 24 hours, seven days a week. “Spotless will provide the Department of Corrections with a comprehensive suite of service solutions. Today’s announcement reinforces Spotless’ capability to deliver integrated support services in highly specialized environments. “Spotless is committed to delivering ongoing efficiencies and innovation throughout the life of the contract and we are extremely proud to be working with the New Zealand Department of Corrections,” said Mr Farnik. “As a major employer in New Zealand Spotless has long term growth aspirations in the country by leveraging its breadth of service offering and depth of market sector knowledge.”

Spotless is one of the 10 largest employers in New Zealand with approximately 12,000 staff providing services across food, cleaning, painting, commercial laundries, facilities management and asset maintenance. The company invests millions of dollars each year into the New Zealand economy through local employment and procurement and operates in almost every town in New Zealand.

Spotless Group – is a leading multi-national services organisation comprised of Facility Services and Retailer Services. Established in 1946, Spotless is listed on the Australian and New Zealand Stock Exchanges and employs more than 37,000 people. Spotless employs approximately 12,000 people in New Zealand. The company listed on the New Zealand Stock Exchange in January 2010. The Group’s Facility Services operations provide global facilities management and asset maintenance services comprising catering, cleaning, painting and laundry services across a broad range of industry sectors. Retailer Services, operating under the brand Braiform, provides customised garment hanger and packaging solutions to retailers and garment manufacturers in more than 30 countries.

www.spotless.com

Spotless Group Ex Dividend On 22/3/2010

Tuesday, March 9th, 2010

Spotless Group Ltd (SPT) will go ex dividend on 22/3/2010. The current dividend payment is 5 cents and it is 60% franked. The record date is 26/3/2010 and the dividend will be paid on 30/4/2010. Based on the full year payment the dividend yield is 3.6%.

*Current Yield: 1.7% Franking: 60% DRP Discount: 0%

www.spotless.com

*Yield has been calculated on the closing price on the 5/3/2010. Current yield is based on the current dividend payment only.

Spotless Group Acquires CE Property Services

Wednesday, February 10th, 2010

Spotless Group Limited (SPT) today announced it has signed a conditional agreement to acquire privately owned international cleaning and related services company, CE Property Services Group (widely known for the Cleanevent and CleanDomain brands). The Group has revenues of over AUD$140 million, with approximately 60 per cent of revenues generated in Australia. The strategic acquisition would provide an expanded geographic footprint for Spotless’ Facility Services operations into the United Kingdom, Europe, the United States and Middle East and increased scale and efficiencies in the Australian market. The acquisition would further consolidate Spotless’ position as a leading supplier of outsourced services – which currently span facilities management, asset maintenance, food services, cleaning services, laundry and retailer services (retail supply chain logistics, garment hangers, packaging).

According to Spotless Managing Director and CEO, Josef Farnik, the proposed acquisition of CE Property Services Group is in line with the company’s strategic growth plans and would be comfortably funded from existing debt facilities. “CE Property Services Group is a natural fit with Spotless and would enable us to offer additional services to existing and potential clients, improve outsourcing efficiencies and ultimately increase value for our clients. Importantly, its international footprint would deliver an important building block in our growth plans. “The acquisition would deliver immediate benefits to Spotless; access to a significant client base in new and existing geographies, an enhanced reputation as a premier services provider to major events and venues globally, and a dedicated group of employees from CE Property Services Group,” said Mr Farnik. “CE Property Services Group’s global reach, respected reputation and customer relationships combined with Spotless’ range of services, depth of experience in outsourced services and corporate strength would ensure the combined teams create exciting growth opportunities for Spotless, our clients and our employees,” said Mr Farnik.

CE Property Services Group provides cleaning, environmental waste management, housekeeping and security services in over six countries and employs approximately 4,000 people. With more than 200 clients across the retail, hospitality and commercial sectors, the business has a prestigious portfolio of contracts spanning major sporting stadiums, International Air Shows, Olympic Games and F1 Grand  Prix events.  Spotless Group – is a leading multi-national services organisation comprised of Facility Services and Retailer Services. Established in 1946, Spotless is listed on the Australian and New Zealand Stock Exchanges and employs more than 30,000 people. Its services include Facility Services and  Retailer Services. CE Property Services Group is an international provider of cleaning and related services, operating in more than six countries and employing approximately 4,000 people. Established in Melbourne 1987, with cleaning services to the Melbourne Cup Carnival, the business now services some of the world’s leading and most prestigious venues and major events spanning major sporting stadiums, International Air Shows and Olympic Games and F1 Grand Prix events, in addition to shopping centres and hotel chains.

www.spotless.com

Spotless Group Share Purchase Plan

Thursday, September 3rd, 2009

Spotless Group  (SPT) announced on the 2/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 28/8/2009 on which shareholders must own the share to participate in the SPP. The closing date is the 17/9/2009.  Shares will be issued on 28/9/2009 and begin trading on 30/9/2009.  A maximum of $15,000 can be purchased by each shareholder at $3.16 or a 2.5% discount to the volume weighted average price (VWAP).

Discount : 2.5% Liquidity : Good  Profitability : Good  Stability : Good

www.spotless.com.au

* Note: Discount is based on the closing price on the 2 September 2009.

Spotless Group Share Purchase Plan

Thursday, September 3rd, 2009

Spotless Group (SPT) announced on the 2/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 28/8/2009 on which shareholders must own the share to participate in the SPP. The closing date is the 17/9/2009. Shares will be issued on 28/9/2009 and begin trading on 30/9/2009. A maximum of $15,000 can be purchased by each shareholder at $3.16 or a 2.5% discount to the volume weighted average price (VWAP).

Discount : 2.5% Liquidity : Good Profitability : Good Stability : Good

www.spotless.com.au
* Note: Discount is based on the closing price on the 2 September 2009.

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

Spotless Group Ex Dividend on 1/9/2009

Monday, August 31st, 2009

Spotless Group Ltd (SPT) will go ex dividend on 1/9/2009. The current dividend payment is 6.0 cents and it is 100% franked. The record date is 7/9/2009 and the dividend will be paid on 16/10/2009. Based on the full year payment the dividend yield is 4.5%.

Current Yield 2.4% Franking: 100% DRP Discount: 0%

www.spotless.com/

*Yield has been calculated on the closing price on the 26/8/2009. Current yield is based on the current dividend payment only.