REG - RA Intnl Group PLC - New Contract Award

Ra InternationalAnnouncement

24/10/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241024:nRSX3732Ja&default-theme=true

RNS Number : 3732J  RA International Group PLC  24 October 2024

24 October 2024

RA INTERNATIONAL GROUP PLC

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

New Contract Award

 

RA International Group PLC (AIM: RAI), a leading specialist in delivering
complex and integrated remote site services to organisations globally, is
pleased to announce that it has been awarded a new contract with the United
Nations Interim Security Force for Abyei ("UNISFA") (the "UNISFA Contract").

The three-year contract (with two additional option years), valued between USD
60m and USD 70m in aggregate over the five-year period, will commence
immediately. RA has been supporting UNISFA in Abyei, which is situated between
Sudan and South Sudan, since 2020 through the provision of manpower under the
Force Mobility contract worth USD 5m, and the new contract award for the
provision of camp management services evidences the Company's ability to
upsell services, build long-standing relationships and grow alongside our
clients to support their missions in the medium-long term.

Together with the UNISFA Contract and the recently announced awards with UK
MOD and UNSOS on 17 and 24 September 2024 respectively, RA has continued
growing its US subsidiary, RA Federal Services LLC, with the award of an
exciting Design Build Construction contract in support of the Department of
State's Rapid Engineering Construction ("REC") Programme for the US Embassy in
Zimbabwe. This is our fourth project award in support of the REC Programme,
with prior contracts for the US Embassies in Suriname, Thailand, and the
Maldives with a combined aggregate value of up to USD 13.5m. These contracts
are expected to be completed in 2025.

Soraya Narfeldt, Chief Executive Officer, said: "The UNISFA Contract is RA's
third significant contract win in recent months, and is evidence that our
ability to execute contracts professionally and to a high standard is valued
by our clients. A contract win of this magnitude is always significant to us
but means more when it is a reflection of our previous strong performance and
support to a client."

 

 

The information communicated in this announcement is deemed by the Group 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

 Sangita Shah, Chair

 Soraya Narfeldt, Chief Executive Officer

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

 Ritchie Balmer / James Spinney / David Asquith

 About RA International

Celebrating 20 years of successful project deliveries across the Globe, RA
International is a leading provider of services to remote locations. The Group
offers its services through three channels: construction, integrated
facilities management and supply chain, and services three main client groups:
humanitarian and aid agencies, western Government organisations focusing on
overseas projects and commercial entities. It has a strong customer base,
largely comprising UN agencies, UK and US government departments and global
corporations.

The Group 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTDZMZGVFRGDZM