REG-Acuity RM Group Plc: Contract win

Acuity RMAnnouncement

25/01/2024 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.

Acuity RM Group plc

(“Acuity” or the “Group”)

US Contract Win

Acuity (AIM: ACRM), the software group, is delighted to announce that its
wholly owned operating subsidiary, Acuity Risk Management Limited (‘ARML’)
which supplies the award-winning STREAM® software platform for the
Governance, Risk and Compliance (“GRC”) market, together with associated
consultancy services, has won its first contract with a North American state
organisation.

Acuity will supply its STREAM® software platform for GRC to the organisation
which suffered several cybersecurity incidents in 2023 so is seeking to
enhance its systems with a cutting-edge solution geared towards cybersecurity
and risk management. The contract is for three years (with a one-year break
clause) and is worth £103,000 over those three years.

Angus Forrest, Executive Chairman, commented; “We are delighted that ARML
has secured its first US state organisation and we hope this is one of many to
come. This contract win provides credibility in a sector that we believe
increasingly needs the solutions which STREAM® offers.  Most new clients won
by ARML start with a relatively small contract which then expands over the
next few years and often benefits from referrals.”

 For further information please contact:                                        
 Acuity RM Group plc                      https://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)                                                   
 Bob Roberts                              +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. 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.



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