React Group PLC Contract win (2975Q)
September 11 2017 - 1:01AM
UK Regulatory
TIDMREAT
RNS Number : 2975Q
React Group PLC
11 September 2017
11 September 2017
REACT Group plc
(the "Company" or "REACT")
Contract Win
REACT Group plc (AIM: REAT), the specialist provider of rapid
response deep cleaning and emergency decontamination services, is
pleased to announce that the Company has been awarded a GBP0.2
million contract. The contract, with a major Facilities Management
company, covers provision of cleaning services in a major London
hospital. The contract has an initial 12 month term, with possible
extension to be agreed between the parties thereafter, and
commences in mid-September 2017, and so will largely impact upon
REACT's performance in the financial year ending 30 September
2018.
REACT has secured this contract by working alongside the client
and establishing a clear understanding of their needs and
delivering against those needs over the last 6 months. This service
is a departure from the Company's normal day-to-day fast response
service for which REACT has established its reputation over the
past years. This contract takes us into a new marketplace and will
hopefully allow the Company to make approaches and market itself to
other facilities management and hospitals throughout the UK.
Chairman Gill Leates said 'I am delighted for the Company and
the team who have put in a huge amount of hard work to a very high
standard, proving their capabilities in this area over the past few
months'.
For further information, please contact:
REACT Group plc
Gill Leates - Chairman 07799 662642
SPARK Advisory Partners Limited
Neil Baldwin 0113 370 8974
Mark Brady 0113 379 8971
Whitman Howard Limited
Nick Lovering 0207 659 1224
This information is provided by RNS
The company news service from the London Stock Exchange
END
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