REG - RA Intnl Group PLC - New Contract Award

Ra InternationalAnnouncement

30/09/2022 07:16

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RNS Number : 2492B  RA International Group PLC  30 September 2022

This announcement contains inside information

 

RA INTERNATIONAL GROUP PLC

("RA International", "RA" or the "Company")

 

New Contract Award

 

RA International Group PLC (AIM: RAI), a specialist provider of complex and
integrated remote site services to organisations globally, is pleased to
announce the award of a significant new contract to provide operational
support capability to the UK Ministry of Defence (the "MoD").

The contract is a five-year global framework agreement which contains two
additional option years (the "OSCC Framework Agreement"). The contract ceiling
is GBP 35 million and will be drawn down as tasks are issued.

Under the OSCC Framework Agreement, RA will provide support requirements to
the MoD when the requirements fall outside the scope of existing contract
vehicles. Specific services to be performed include:

-    The provision of infrastructure to support deployments of personnel
outside of the UK, including the planning, design and construction of camp
accommodation sites;

-   The provision of related support services, including integrated
facilities management and the provision of life support services; and

-    Personnel and equipment provision, including equipment procurement, the
management of transport logistics and the sourcing and training of specialist,
security cleared support personnel.

The contract start date is effective from 1 December 2022 and RA will be
increasing the size of its UK operations to help facilitate and oversee the
delivery of this contract.

Soraya Narfeldt, CEO of RA International, commented: "We are delighted to be
extending and deepening our relationship with the MoD through this landmark
contract. This contract highlights a number of the key attributes we offer
clients - our global reach, our ability to mobilise quickly and self-perform,
and our track record in delivering critical projects in environments where our
clients are often faced with extreme political or operational constraints.
These strengths are the foundation to build on our existing track record as a
trusted partner with government clients, a core pillar of our growth
strategy."

Enquiries:

 

 RA International Group PLC                                         Via Bamburgh Capital

 Soraya Narfeldt, Chief Executive Officer

 Lars Narfeldt, Chief Operating Officer

 Andrew Bolter, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Broker)           +44 (0)207 523 8000

 Bobbie Hilliam

 Bamburgh Capital Limited (Financial PR & Investor Relations)       +44 (0)131 376 0901

 Murdo Montgomery                                                   investors@raints.com

About RA International

RA International is a leading provider of services to remote locations. The
Company offers its services through three channels: construction, integrated
facilities management and supply chain, and services two main client groups:
humanitarian and aid agencies and western government organisations focusing on
overseas projects. It has a strong customer base, largely comprising UN
agencies, UK and US government departments and global corporations.

The Company provides comprehensive, flexible, mission critical support to its
clients enabling them to focus on the delivery of their respective businesses
and services. Focusing on integrity and values alongside making on-going
investment in its people, locations and operations has over time created a
reliable and trusted brand within its sector.

 

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