Contract Win
06 September 2007 - 5:02PM
UK Regulatory
RNS Number:3802D
First Artist Corporation PLC
06 September 2007
First Artist Corporation plc
("First Artist" or "the Group")
The Finishing Touch Signs Major Contract with
The Training and Development Agency for Schools
First Artist Corporation plc, the integrated marketing, sport and entertainment
management group, today announces that it has signed a three year contract
through its event management subsidiary, The Finishing Touch, with the Training
and Development Agency for Schools (TDA). Included within the contract is the
option to extend for a further two years.
The Finishing Touch will be responsible for delivering the TDA's training events
programme aimed at "securing an effective school workforce that improves
children's life chances".
The Finishing Touch has an established relationship within the public sector,
having worked with a division of the TDA over the past four years. In the
Group's audited accounts for the 10 months to August 2006, the contribution to
First Artist revenues from the public sector totalled #1.4 million. Management
expectations are that this new enhanced contract, which will commence
immediately, will be materially larger than this on an annual basis.
The TDA is an executive non-departmental public body of the Department for
Children, Schools and Families. It also has a close working relationship with
the Department for Innovation, Universities and Skills.
Richard Hughes, Group Managing Director of First Artist, commented:
"We are delighted to be awarded this contract as it represents a considerable
development in the relationship with the TDA and comes at the end of an extended
and particularly competitive tendering process. It is a clear endorsement of the
quality of work that The Finishing Touch undertakes and we look forward to
further developing our successful partnership with the agency".
- ends -
Enquiries
First Artist Corporation plc
Jon Smith, Chief Executive
Richard Hughes, Group Managing Director Tel: +44(0) 208 900 1818
Bell Pottinger Corporate & Financial
Ann-Marie Wilkinson / Peter Otero Tel: +44(0) 207 861 3232
Dawnay, Day Corporate Finance Limited
David Floyd Tel: +44(0) 207 509 4570
This information is provided by RNS
The company news service from the London Stock Exchange
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