Redhall Group PLC Jordan Manufacturing Wins Nuclear Contract (7234Z)
19 December 2017 - 6:00PM
UK Regulatory
TIDMRHL
RNS Number : 7234Z
Redhall Group PLC
19 December 2017
For immediate release 19 December 2017
Redhall Group plc
("Redhall" or the "Company")
Jordan Manufacturing Wins Nuclear Contract
Redhall (AIM: RHL), the high integrity manufacturing and
services group, announces that its Jordan Manufacturing business
has secured a key role in support of Cavendish Nuclear, a
subsidiary of Babcock International Group PLC ("Babcock"), for the
delivery of specialist handling and containment systems to process
nuclear material for Sellafield Ltd ("Sellafield").
Babcock announced on 18 December 2017 that Cavendish Nuclear has
been awarded a 10-year contract with Sellafield. Worth up to GBP95
million over the first three years, Cavendish Nuclear will provide
Sellafield with design, manufacture and supply of complex bespoke
equipment for the treatment and management of nuclear
materials.
Jordan Manufacturing has secured, through a Teaming Agreement
with Cavendish Nuclear, a key role in the delivery of this contract
and will manufacture containment systems and associated process
equipment. It is anticipated that this will be worth up to GBP18
million over the first three years.
Phil Brierley, CEO of Redhall, said: "We are delighted to have
secured a key role supporting Cavendish Nuclear in the delivery of
this strategically important programme. This opportunity clearly
reflects the capabilities Jordan Manufacturing has developed over
many years in the supply of highly complex containment systems and
gives the business good visibility over its order book for a number
of years to come."
Contact details:
Redhall Group plc Tel: +44 (0) 1924
385 386
Phil Brierley, Chief Executive
Chris Kelly, Group Finance Director
Wayne Pearson, Chief Operating Officer
Buchanan, PR Adviser Tel: +44 (0) 20 7466
5000
Mark Court, Sophie Wills, Gemma
Mostyn-Owen
GCA Altium, Financial and Nominated
Adviser
Tim Richardson, Simon Lord Tel: +44 (0) 20 7484
4040
WH Ireland, Broker
Adrian Hadden, Ed Allsopp Tel: +44 (0) 20 7220
1666
This information is provided by RNS
The company news service from the London Stock Exchange
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