Madrid , 29/06/2019.- Amey, a subsidiary of Ferrovial, has reached an agreement with the rest of stakeholders to terminate the Birmingham Highways PFI contract. The agreement involves the payment by Amey of GBP215mn, of which GBP160mn will be paid in 2019 and the remaining GBP55mn over the next 6 years. Amey will continue to provide services on an interim basis until 30 September 2019, and this period may be extended until 31 March 2020.
This agreement does not have an impact on the profit and loss account of Ferrovial.
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