Contract

 

TIDMSTT 
 
RNS Number : 9749R 
Straight PLC 
11 May 2009 
 

Date:11 May 2009 
On behalf of:      Straight plc ("Straight" or "the Group") 
Embargoed until:   0700hrs 
 
 
 
Straight plc 
 
 
  *  Completion of Contract worth GBP400,000 
 
 
 
Straight plc (AIM: STT), the recycling products and services group, is pleased 
to announce it has completed the delivery of a contract with Oldham Metropolitan 
Borough Council worth GBP400,000. The agreement, to supply 7 litre kitchen 
caddies and 23 litre kerbside caddies for food waste collection from 80,000 
homes, was delivered in four phases. 60,000 homes have already received their 
containers and the remaining 20,000 homes are due to receive theirs from the 
Council over the next few weeks. 
 
 
The caddies, which are manufactured for Straight in Hull, are used to collect 
food waste from homes which is then processed at specialist local facilities 
rather than entering landfill. 
 
 
Revenue for the contract will be recognised in the Group's financial year to 31 
December 2009. 
 
 
Commenting on the news, Jonathan Straight, Chief Executive of Straight plc, 
said: "We are delighted to have completed delivery of this contract with Oldham 
Metropolitan Borough Council. The demand for our food waste containers remains 
strong and it is extremely pleasing that the move to divert food waste from 
landfill continues to be high on local authorities' agendas." 
 
 
 
For further information, please contact 
 
 
+-----------------------------------------------+---------------------------+ 
| Straight plc                                  |                           | 
+-----------------------------------------------+---------------------------+ 
| James Newman, Chairman                        | 0113 245 2244             | 
| Jonathan Straight, Chief Executive            |                           | 
+-----------------------------------------------+---------------------------+ 
|                                               |                           | 
+-----------------------------------------------+---------------------------+ 
| Panmure Gordon                                |                           | 
+-----------------------------------------------+---------------------------+ 
| Andrew Godber / Katherine Roe                 | 0207 459 3600             | 
+-----------------------------------------------+---------------------------+ 
|                                               |                           | 
+-----------------------------------------------+---------------------------+ 
| Redleaf Communications                        |                           | 
+-----------------------------------------------+---------------------------+ 
| Paul Dulieu / Sam Robbins / Kathryn Hurford   | 0207 566 6700             | 
+-----------------------------------------------+---------------------------+ 
 
 
 
 
 
 
Notes to Editors 
 
 
  *  Straight plc was established in 1993, by Jonathan Straight, to supply container 
  solutions for source separated waste. Initially one man and a desk, the company 
  grew to become the UK's leading supplier of kerbside recycling boxes as well as 
  a key supplier of other types of waste and recycling container solutions. 
 
  *  Following sustained growth, Straight joined AIM in 2003 with a view to fuelling 
  further growth. 
 
  *  In 2005, Straight acquired Blackwall Limited, the UK's largest supplier of home 
  composters and water butts. Since integrating the two businesses, Straight now 
  provides a wide range of waste and recycling solutions to local authorities, the 
  waste industry and general businesses. Through the Blackwall brand Straight 
  delivers environmental garden products directly to end users in partnership with 
  local authorities and utilities. 
 
  *  Further information about the company and its products can be found at: 
  www.straight.co.uk 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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