Material Contract Award

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 £400k, 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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