REACT GROUP PLC

Business and Financial Review • Aug 2, 2023

National Storage Mechanism | Additional information

RNS Number : 9815H

React Group PLC

02 August 2023

2 August 2023

REACT Group plc

("REACT", the "Group" or the "Company")

Major Contract Win

REACT Group plc (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, is pleased to announce it has been awarded a contract with a new customer to provide cleaning services to five shopping centres in the West Midlands.

The agreement is for an initial three years, worth approximately £1.8m over this period, with an option to extend for an additional two years.

The contract will commence immediately and the value of work in the current financial year, ending 30 September 2023, is estimated to be approximately £100k.

Commenting on the contract win Shaun Doak, Chief Executive Officer of REACT, said:

"We are delighted to bring on board another material new customer in a segment of the market where the REACT group's offering is quickly becoming a trusted and valuable service.  This contract consolidates the unique capabilities from across our group to deliver a comprehensive cleaning maintenance programme for the operator of these five successful shopping complexes in the West Midlands".

For more information:

REACT Group Plc Shaun Doak, Chief Executive Officer Andrea Pankhurst, Chief Financial Officer Mark Braund, Chairman	Tel: +44 (0) 1283 550 503
Singer Capital Markets (Nominated Adviser / Broker) James Moat / Philip Davies	Tel: +44 (0) 207 496 3000
IFC Advisory (Financial PR / IR) Graham Herring / Zach Cohen	Tel: +44 (0) 20 3934 6630

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