REG-Acuity RM Group Plc: Contract win

Acuity RMAnnouncement

20/07/2023 07:15

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

20 July 2023

Acuity RM Group plc

('Group' or the 'Company')

New Contract win

Acuity RM Group plc (AIM:ACRM) is delighted to announce that its wholly owned
operating subsidiary, Acuity Risk Management Limited (‘Acuity’), has won a
three year contract worth £388,000 with an option to extend for a fourth year
for a further £125,000, to use Acuity’s software platform, STREAM(®
) which is used by private and public sector clients to manage their cyber
security and other enterprise risks. 

The user is an organisation within the British Government which has identified
the importance of cyber security and is rolling out a major programme to
manage their risks.  Following this contract there are likely to be further
opportunities in this and other government departments.

Angus Forrest, Chief Executive of Acuity RM Group plc, said: “All
organisations in the public and private sectors are increasingly aware of the
importance of cybersecurity, the severity of the incidents are increasing and
there is more publicity.  A breach of security can cause a private
organisation financial harm, loss of valuable IP and reputational damage. 
However, a successful attack in the public sector can put critical national
infrastructure at risk.  These factors are all driving the market for
cybersecurity protection.”

Kerry Chambers, CEO of Acuity said: “Securing the future of businesses and
safeguarding their valuable assets from risks is our core mission. We're
thrilled to have won a significant multi-year contract with this Department,
for delivering cyber security risk management solutions & services. This
achievement demonstrates our commitment to providing award-winning risk
mitigation solutions that protect our clients' digital infrastructure. We look
forward to collaborating with our partners and clients to navigate evolving
cyber risks, ensuring a safer and more resilient future for all."

 For further information please contact:                                        
 Acuity RM Group plc                      www.AcuityRMGroup.com                 
 Angus Forrest                            +44 (0) 20 3582 0566                  
 WH Ireland (NOMAD & Broker)              www.whirelandplc.com/capital-markets  
 Mike Coe / Sarah Mather                  +44 (0) 20 7220 1666                  
 Peterhouse Capital  (Joint broker)                                             
 Lucy Williams / Duncan Vasey             +44 (0) 20 7469 0936                  
 Clear Capital (Joint broker)                                                   
 Andrew Blaylock                          +44 (0) 20 3869 6080                  

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
services. It’s award-winning STREAM® software platform, which 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.



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