React Group PLC Contract win (2975Q)

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

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September 11, 2017 02:01 ET (06:01 GMT)