OPE Optare

TIDMOPE

Optare PLC

16 January 2015

Optare plc

("Optare" or the "Company")

Optare leadership and employees unite for a bright future

Optare has agreed a three year pay and conditions deal with its operations employees who are represented by UNITE the Union.

"The agreement is an indication of our commitment to the business and criticality of our engagement with employees in delivering ever improving customer service, performance, and productivity and efficiency improvements", said Enrico Vassallo, CEO, Optare.

The hard work of the negotiating team comprising of Optare business leaders and UNITE the Union shop stewards, was praised by Chris Cooke, Optare Interim HR Director, "Without the dedication and sensible approach of our joint negotiation team this deal would not have been possible. It forms an excellent platform for working together in the future."

Richard Bedford, UNITE Regional Officer said, "Unite has a proud track record of working with employers to reach negotiated settlements across all industries. The three year pay and benefits deal that Unite has negotiated with bus manufacturer Optare is a testament to our commitment to better communication and joint working.

"Today, both sides have shown that strong sectoral bargaining is good for workers and good for business. We look forward to working together with Optare to build even stronger employment relations in the future."

Optare and UNITE are working closely to cultivate their working relationship as the cornerstone of business success.

For further information please contact:

   Optare plc                               Tel: 08434 873 200 

Garry Booth

   Cenkos Securities plc             Tel: +44 (0) 20 7397 8900 

Stephen Keys/Mark Connelly

This information is provided by RNS

The company news service from the London Stock Exchange

END

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