Redhall Group PLC Jordan Manufacturing Wins Nuclear Contract (7234Z)

TIDMRHL

RNS Number : 7234Z

Redhall Group PLC

19 December 2017

 
 For immediate release    19 December 2017 
 
 

Redhall Group plc

("Redhall" or the "Company")

Jordan Manufacturing Wins Nuclear Contract

Redhall (AIM: RHL), the high integrity manufacturing and services group, announces that its Jordan Manufacturing business has secured a key role in support of Cavendish Nuclear, a subsidiary of Babcock International Group PLC ("Babcock"), for the delivery of specialist handling and containment systems to process nuclear material for Sellafield Ltd ("Sellafield").

Babcock announced on 18 December 2017 that Cavendish Nuclear has been awarded a 10-year contract with Sellafield. Worth up to GBP95 million over the first three years, Cavendish Nuclear will provide Sellafield with design, manufacture and supply of complex bespoke equipment for the treatment and management of nuclear materials.

Jordan Manufacturing has secured, through a Teaming Agreement with Cavendish Nuclear, a key role in the delivery of this contract and will manufacture containment systems and associated process equipment. It is anticipated that this will be worth up to GBP18 million over the first three years.

Phil Brierley, CEO of Redhall, said: "We are delighted to have secured a key role supporting Cavendish Nuclear in the delivery of this strategically important programme. This opportunity clearly reflects the capabilities Jordan Manufacturing has developed over many years in the supply of highly complex containment systems and gives the business good visibility over its order book for a number of years to come."

Contact details:

 
 Redhall Group plc                         Tel: [phone] 
                                            385 386 
 Phil Brierley, Chief Executive 
  Chris Kelly, Group Finance Director 
  Wayne Pearson, Chief Operating Officer 
 
 Buchanan, PR Adviser                      Tel: [phone] 
                                            5000 
 Mark Court, Sophie Wills, Gemma 
  Mostyn-Owen 
 
 GCA Altium, Financial and Nominated 
  Adviser 
 Tim Richardson, Simon Lord                Tel: [phone] 
                                            4040 
 
 WH Ireland, Broker 
 Adrian Hadden, Ed Allsopp                 Tel: [phone] 
                                            1666 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 19, 2017 02:00 ET (07:00 GMT)