React Group PLC Material Contract Award (8371M)
14 May 2020 - 4:00PM
UK Regulatory
TIDMREAT
RNS Number : 8371M
React Group PLC
14 May 2020
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
REACT Group Plc
("REACT" or the "Company")
Material Contract Award
REACT Group Plc., (AIM: REAT.L) the leading specialist cleaning,
hygiene and decontamination company is delighted to announce it has
been awarded a contract to provide specialist deep cleaning
services on a regular basis to one of its Tier-1 Customers
operating in the rail sector. This is part of essential services
and not COVID-19 related.
The initial contract, worth approximately GBP400k, will run for
a period of 35-weeks through to the end of the calendar year and is
incremental to the work REACT carries out for this customer on a
regular basis.
Shaun Doak, Chief Executive Officer, commented;
"REACT are quickly becoming the 'go to' deep cleaning specialist
for a number of Clients, especially those that operate facilities
where cleanliness and hygiene are highly valued. This contract
provides further continuity and revenue visibility for the current
year and into the next. It comes as a direct result of our standout
performance elsewhere for this Client and is a strong endorsement
of our market-leading expertise."
REACT Group PLC
Shaun Doak - Chief Executive
Officer 0772 500 3662
SPARK Advisory Partners Limited
Neil Baldwin / Henry Todd 0113 370 8974
Peterhouse Capital (Broker)
Duncan Vasey/Martin Lampshire 0207 459 0930
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END
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