AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

REACT GROUP PLC

Earnings Release Oct 10, 2023

7873_rns_2023-10-10_b57a8b48-acf8-4439-93bf-49bf9012a32a.html

Earnings Release

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 4800P

React Group PLC

10 October 2023

10 October 2023

REACT Group plc

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

Significant 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 extension to provide contracted maintenance, cleaning and hygiene services within the education sector for a major university.

This extension has a total value of c.£3.8m (£1.27m per annum) during the contract term of three years, which represents a near doubling in value over the initial contract awarded three years ago and is the Group's largest single annual contract to date.

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

"We are delighted to announce the extension of our contract with the university, which underscores the success of our ongoing partnership and the value we continue to deliver. This contract extension not only strengthens our existing relationship but also reflects the hard work and dedication of the people in our team."

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CNTFZMGGRLDGFZM

Talk to a Data Expert

Have a question? We'll get back to you promptly.