Acuity RM Group Plc Contract win

 
TIDMACRM 
 
This announcement contains inside information for the purposes of Article 7 of 
the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue 
of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the 
publication of this announcement via a Regulatory Information Service, this 
inside information is now considered to be in the public domain. 
 
20 July 2023 
 
Acuity RM Group plc 
 
('Group' or the 'Company') 
 
New Contract win 
 
Acuity RM Group plc (AIM:ACRM) is delighted to announce that its wholly owned 
operating subsidiary, Acuity Risk Management Limited (`Acuity'), has won a three 
year contract worth £388,000 with an option to extend for a fourth year for a 
further £125,000, to use Acuity's software platform, STREAM[® ] which is used by 
private and public sector clients to manage their cyber security and other 
enterprise risks. 
 
The user is an organisation within the British Government which has identified 
the importance of cyber security and is rolling out a major programme to manage 
their risks.  Following this contract there are likely to be further 
opportunities in this and other government departments. 
 
Angus Forrest, Chief Executive of Acuity RM Group plc, said: "All organisations 
in the public and private sectors are increasingly aware of the importance of 
cybersecurity, the severity of the incidents are increasing and there is more 
publicity.  A breach of security can cause a private organisation financial 
harm, loss of valuable IP and reputational damage.  However, a successful attack 
in the public sector can put critical national infrastructure at risk.  These 
factors are all driving the market for cybersecurity protection." 
 
Kerry Chambers, CEO of Acuity said: "Securing the future of businesses and 
safeguarding their valuable assets from risks is our core mission. We're 
thrilled to have won a significant multi-year contract with this Department, for 
delivering cyber security risk management solutions & services. This achievement 
demonstrates our commitment to providing award-winning risk mitigation solutions 
that protect our clients' digital infrastructure. We look forward to 
collaborating with our partners and clients to navigate evolving cyber risks, 
ensuring a safer and more resilient future for all." 
 
For further information please contact: 
Acuity RM Group plc                      www.AcuityRMGroup.com 
Angus Forrest                            [phone] 
WH Ireland (NOMAD & Broker)              www.whirelandplc.com/capital-markets 
Mike Coe / Sarah Mather                  [phone] 
Peterhouse Capital  (Joint broker) 
Lucy Williams / Duncan Vasey             [phone] 
Clear Capital (Joint broker) 
Andrew Blaylock                          [phone] 
 
Note to Editors 
 
Acuity RM Group plc 
 
Acuity RM Group plc (AIM: ACRM), is an established provider of risk management 
services. It's award-winning STREAM® software platform, which collects data 
about organisations to improve business decisions and management. It is used by 
around 70 organisations in markets including government, utilities, defence, 
broadcasting, manufacturing and healthcare. 
 
The Company is focused on delivering long term, sustainable growth in 
shareholder value. In the short to medium term this is expected to come from 
organic growth and thereafter may also come from complementary acquisitions. 
 
 
This information was brought to you by Cision http://news.cision.com 
https://news.cision.com/acuity-rm-group-plc/r/contract-win,c3807321 
 
 
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(END) Dow Jones Newswires

July 20, 2023 02:00 ET (06:00 GMT)