REG - RA Intnl Group PLC - New Contract Award

Ra InternationalAnnouncement

18/09/2023 10:45

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RNS Number : 7704M  RA International Group PLC  18 September 2023

18 September 2023

 

RA INTERNATIONAL GROUP PLC

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

 

New contract award

 

Minimum two-year global framework agreement with the FCDO

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 strategically significant new contract with the UK's
Foreign, Commonwealth and Development Office (FCDO). The minimum two-year
global framework agreement will see RA provide operational support capability
funded through the Conflict, Stability and Security Fund
(https://www.gov.uk/government/organisations/conflict-stability-and-security-fund/about)
(CSSF), commencing 18 September 2023.

The services which RA will most likely provide will be funded from a sub-lot
allocated to the CSSF valued, in aggregate, at a maximum of GBP 375m (over 2
years). They relate to "providing and delivering operational and technical
equipment to organisations in hostile environments in a Human Rights compliant
manner", and include the following sub-themes:

·    Responsible provision of non-lethal aid and equipment (e.g. vehicles,
tents, food, medicines etc.) into hostile environments;

·    Provision of advice on administrative, logistics and human resource
reform to organisations operating in hostile environments, with a view of
improving working practices;

·    UK and international military protocols, structures and practice in
third party conflicts; and

·    Delivery in combined civilian and military environments and
operations and an appreciation of issues such as humanitarian space.

The value, timing and location of future orders received by RA will be
dependent upon the UK Government's priorities and needs over the period of the
framework agreement. Scoring the highest out of 27 awardees, we look forward
to participating in task orders and future work and expect the contract to be
material to RA's existing revenue base.

Soraya Narfeldt, CEO of RA International, commented: "This latest contract
solidifies our relationships with the UK MOD and FCDO further, following
awards with the MOD OSCC in 2022 and FCDO earlier this year, and cements our
Group strategy. Our global reach, 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 were key factors in our success in gaining a seat on
the CSSF framework."

 

The information communicated in this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law
by virtue of the European Union (Withdrawal) Act 2018, as amended.

 

Enquiries:

 

 RA International Group plc                                            Via Strand Hanson

 Soraya Narfeldt, Chief Executive Officer

 Lars Narfeldt, Chief Operating Officer

 Strand Hanson Limited (Nominated & Financial Adviser and Broker)      +44 (0) 20 7409 3494

 Ritchie Balmer / James Spinney / David Asquith

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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