ACUITY RM GROUP PLC

Related Party Transaction • Jun 10, 2024

National Storage Mechanism | Additional information

RNS Number : 6676R

Acuity RM Group PLC

10 June 2024

NON-REGULATORY

Acuity RM Group plc

("Acuity" or the "Group")

New professional services agreement and order

Acuity (AIM: ACRM), the software group, is delighted to announce that its subsidiary, Acuity Risk Management Ltd ("ARML"), which supplies the award-winning STREAM â software platform for the Governance, Risk and Compliance ("GRC") market, together with associated consultancy services, has signed a new professional services agreement ("Agreement") with Sopra Steria.  

ARML has worked successfully over the past two years with Sopra Steria and won some of Acuity's larger contracts.  This move to a formal Agreement is a further indication that both parties see a future that is stronger when working in collaboration.  Sopra Steria has 47,000 employees in nearly 30 countries around the world.  It is a European leader in consulting, digital services and software development.

ARML also announces it has won a new contract in collaboration with Sopra, which is for consulting services, with further opportunities for upsell of STREAM â to the end client which is the British Government.

Kerry Chambers, Chief Executive ARML, commented ; "I am delighted to announce our Agreement with Sopra Steria. Whilst we have worked together for the past two years the Agreement demonstrates the confidence that the parties have in each other. This collaboration marks a significant milestone for Acuity Risk Management Ltd.  We believe it will open more significant contract opportunities in the future."

For further information please contact:
Acuity RM Group plc	https://acuityrmgroup.com
Angus Forrest	+44 (0) 20 3582 0566

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management services. Its award-winning STREAM® software platform 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 is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com 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

NRAFLFIVRDIDIIS