Contract Win
REACH: non-regulatory announcement
15 December 2021
REACT Group Plc
("REACT" or the "Company")
Contract Win
REACT GROUP PLC, (AIM: REAT.L) a leading specialist cleaning, hygiene and decontamination company, is pleased to announce it has been awarded an incremental contract to provide pre-planned maintenance and deep cleaning services at a new location in the South West of England for one of the Company's existing tier-1 customers operating in the rail sector.
The initial contract covers the next 22-weeks through to the customer's contract period year end and is worth a little over £150k; the equivalent of c.£360k per year, which is believed to be just the initial value of this incremental engagement.
The contract award recognises the performance of REACT's specialist teams in the sector, it opens up a new site and builds upon the successful relationship with this Tier-1 customer.
Shaun Doak, Chief Executive Officer, commented:
"I am delighted that this valued customer has once again recognised REACT as the best solution-provider for its specialist cleaning and pre-planned maintenance work requirements.
This new incremental agreement is testament to the excellent work performed by our skilled team in the sector, led by a strong customer-focused operations manager".
For further information:
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REACT Group PLC Shaun Doak, Chief Executive Officer
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Tel: +44 (0) 1283 550 503 |
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Allenby Capital Limited (Nominated Adviser and Broker) Nick Athanas / Liz Kirchner (Corporate Finance) Amrit Nahal / Tony Quirke (Sales & Corporate Broking)
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Tel: +44 (0) 203 328 5656
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