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RYCEY Rolls Royce Holdings PLC (PK)

7.03
-0.0625 (-0.88%)
Last Updated: 17:22:22
Delayed by 15 minutes
Name Symbol Market Type
Rolls Royce Holdings PLC (PK) USOTC:RYCEY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0625 -0.88% 7.03 7.03 7.05 7.08 7.03 7.06 548,359 17:22:22

Rolls-Royce Awarded China Nuclear Contract

03/09/2020 10:25am

Dow Jones News


Rolls Royce (PK) (USOTC:RYCEY)
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By Anthony O. Goriainoff

 

Rolls-Royce Holdings PLC said Thursday that it has been awarded a multi-million euros contract by China National Nuclear Corporation to provide neutron flux technology to two nuclear reactors.

The U.K. engineering company said that as part of the contract it will provide a complete system using the Spinline digital technology, including ex-core neutron detectors, cables and connections and associated electronic systems, to Zhangzhou 1 and Zhangzhou 2, which are currently under construction.

The company said the system will be designed, manufactured and tested by its nuclear instrumentation & control teams in France.

"We are delighted to have signed this new contract, which is further proof of the confidence that CNNC places in our I&C technologies and in our people," the company said.

Shares at 0850 GMT were up 13.20 pence, or 6.1%, at 230.80 pence.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

September 03, 2020 05:10 ET (09:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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