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RAI Ra International Group Plc

7.75
0.25 (3.33%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ra International Group Plc LSE:RAI London Ordinary Share GB00BDZV6W26 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 3.33% 7.75 7.50 8.00 9.00 7.75 8.00 484,585 13:29:39
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-indl Bldgs & Whse 62.92M -13.17M -0.0759 -1.02 13.45M

RA International Group Shares Jump on GBP375 Million UK Government Contract

18/09/2023 11:29am

Dow Jones News


Ra (LSE:RAI)
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By Christian Moess Laursen

 

Shares in RA International Group rose 35% after the company said it has received a service contract from the U.K. government worth up to 375 million pounds ($464.4 million).

At 0950 GMT, shares are up 3.00 pence at 11.50 pence.

The provider of remote-site services said Monday that the contract, which it called strategically significant, is for a minimum of two years, under which it will provide operational and technical equipment to organizations in hostile environments.

The contract is awarded by U.K.'s Foreign, Commonwealth and Development Office.

The value, timing and location of future orders will be dependent upon the government's priorities and needs over the period of the framework agreement, the company said.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

September 18, 2023 06:14 ET (10:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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