Contract Win with New Client in Central Africa

RNS Number : 0365K

RA International Group PLC

11 December 2018

 

11 December 2018

RA INTERNATIONAL GROUP PLC

("RA International" or the "Company" and, together with its subsidiaries, the "Group")

Contract Win with New Client in Central Africa

RA International Group PLC (AIM: RAI), a leading provider of services to remote locations in Africa and the Middle East, is pleased to announce that it has secured a contract in a Central African country with a large publicly listed US company.

The company is a new client for the Group and has engaged RA International to provide support services in connection with their work in strengthening the capacity of local security sector institutions on behalf of the US Government.

The contract is for one base year with four further option years and commences in the fourth quarter of 2018. The contract value over the full five years is up to US$5.6 million, not including the potential supply of equipment and materials which may increase the value of the contract to RA International.

Soraya Narfeldt, CEO of RA International, commented: "It is very encouraging to win this long-term contract. I am confident that our role will be crucial to ensuring the project's success"

Enquiries:

RA International Group PLC Soraya Narfeldt, Chief Executive Officer Lars Narfeldt, Chief Operating Officer Andrew Bolter, Chief Financial Officer	Via IFC Advisory
Cenkos Securities PLC (Nominated Adviser and Broker) Beth McKiernan Derrick Lee	[phone]
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe Heather Armstrong Florence Chandler	[phone]

Background to the Company

RA International is a leading provider of services to remote locations in Africa and the Middle East. It specialises in five service verticals: construction; integrated facilities management; operation and maintenance; accommodation; and supply chain logistics. It has a strong customer base, largely comprising UN agencies, western governments and global corporations.

The Group provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. RA International's focus on integrity and values alongside on-going investment in people, locations and operations has over time created a reliable and trusted brand within its sector.

 

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