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BVM Belgravium Tech

3.875
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Belgravium Tech LSE:BVM London Ordinary Share GB0002961224 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.875 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Belgravium Technologies PLC Contract Award (9137E)

16/04/2014 7:00am

UK Regulatory


Belgravium (LSE:BVM)
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RNS Number : 9137E

Belgravium Technologies PLC

16 April 2014

16 April 2014

BELGRAVIUM TECHNOLOGIES PLC

(AIM: BVM)

Contract Award

Belgravium Technologies secure major new contract from First Great Western

Belgravium Technologies, the leading provider of mobile on-board retail solutions, is pleased to announce it has secured a major contract, worth GBP1.1 million, from rail operator First Great Western (FGW). It is anticipated that the majority of system components will be delivered in 2014.

First Great Western operate commuter, regional and branch line services, covering London, South Wales, the West of England and Devon and Cornwall including major towns and cities like Cardiff, Exeter, Plymouth, Bath, Bristol and Reading. All FGW trains will be hard-wired for Wi-Fi and GPRS communication which will allow the new system to communicate in real-time with host stock control, sales and marketing systems. The new on-board retail system will be based on the Belgravium's front-end software running on the company's latest generation mobile computer.

The awarding of the contract was subject to a stringent competitive tender process which evaluated all hardware and software components, plus mobilisation, training and support services. Mark Hardy, Group Managing Director, remarked: "It is gratifying that the First Great Western team identified clear technical and operational benefits relating to our proposed end-to-end IT system. The past six months has seen significant changes to our team operating in the airline and rail sectors and the award of this contract is a great endorsement of the work the new team is doing."

 
 Contacts: 
 
 Belgravium Technologies Plc                  www.belgravium-technologies.com 
 John Kembery, Executive Chairman                        +44 (0) 7770 731 021 
 
 WH Ireland Limited (Nominated Adviser                   www.wh-ireland.co.uk 
  and Broker) 
 Mike Coe / Ed Allsopp (Corporate Finance)               +44 (0) 117 945 3470 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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