New Business Wins

RNS Number : 2471A

Regenersis PLC

19 December 2014

REGENERSIS PLC

("Regenersis" the "Company" or the "Group")

NEW BUSINESS WINS

Regenersis plc, a strategic outsourcing partner to many of the world's largest technology brands, is pleased to announce five new contract wins or contract extensions in its Depot business:

· A new contract with HTC covering repair in the USA and Mexico. This continues to widen the
Group's strategic partnership with HTC and in particular broadens the client base in our Memphis
facility. Both contracts will start in calendar year mid-2015.

· The extension of an existing refurbishment contract with a leading Global mobile OEM to include full screen refurbishment, serviced from our new refurbishment facility in Romania.

· A repair contract for Lenovo for their Russian tablet and notebook products which is to be serviced from our Moscow facility and further expands the number of leading manufacturers supported there.

· A contract servicing Asus branded notebooks, tablets and phones in Germany. The contract includes both in warranty and out of warranty repairs.

· A long term contract with Ingenico Healthcare Germany who are the market leader for e-health terminal solutions. The contract provides repair, device management and refurbishment activities serviced from our facility in Sömmerda, Germany.

The group expects these new business wins to deliver in excess of £17 million annualised revenue for the Depot division once they have reached their anticipated run rate.

Matthew Peacock, Executive Chairman of Regenersis, said:

"These new contracts support our market share gains in the Depot division and are within our forecasts for the Depot division this year and next".

Enquiries:

Regenersis Plc +44 (0) 20 3657 7000

Matthew Peacock, Executive Chairman

Jog Dhody, Chief Financial Officer

Panmure Gordon (UK) Limited (Nomad and Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Cenkos Securities (Joint Broker) +44 (0) 20 7397 8900

Stephen Keys, Corporate Finance

Julian Morse, Sales