Optare plc
("Optare" or the "Company")
CONTRACT WIN
The Company is pleased to announce that Optare has received an order to the value of £7.3 million from Stagecoach UK Bus ("Stagecoach"). It is expected that deliveries of new Euro 6 Optare Solos of varying specifications to Stagecoach will be completed by the end of 2015. This order is in addition to 5 fully electric vehicles to be delivered this month.
Enrico Vassallo, CEO, Optare, said, "We are delighted to be supplying more Optare vehicles to Stagecoach. In line with the Stagecoach greener, smarter, travel strategy these Solos will be the first Euro 6 vehicles Optare have supplied to Stagecoach."
For further information, please contact:
Optare plc: Tel: +44 (0) 8434 873 200
Enrico Vassallo, CEO
Cenkos Securities plc: Tel: +44 (0) 20 7397 8900
Stephen Keys/Mark Connelly/Callum Davidson