REG - React Group PLC - Contract Win

ReactAnnouncement

02/08/2023 07:00

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RNS Number : 9815H  React Group PLC  02 August 2023

2 August 2023

REACT Group plc

("REACT", the "Group" or the "Company")

Major Contract Win

REACT Group plc (AIM: REAT.L), the leading specialist cleaning, hygiene, and
decontamination company, is pleased to announce it has been awarded a contract
with a new customer to provide cleaning services to five shopping centres in
the West Midlands.

The agreement is for an initial three years, worth approximately £1.8m over
this period, with an option to extend for an additional two years.

The contract will commence immediately and the value of work in the current
financial year, ending 30 September 2023, is estimated to be approximately
£100k.

Commenting on the contract win Shaun Doak, Chief Executive Officer of REACT,
said:

"We are delighted to bring on board another material new customer in a segment
of the market where the REACT group's offering is quickly becoming a trusted
and valuable service.  This contract consolidates the unique capabilities
from across our group to deliver a comprehensive cleaning maintenance
programme for the operator of these five successful shopping complexes in the
West Midlands".

For more information:

 REACT Group Plc                             Tel: +44 (0) 1283 550 503

 Shaun Doak, Chief Executive Officer

 Andrea Pankhurst, Chief Financial Officer

 Mark Braund, Chairman

 Singer Capital Markets                      Tel: +44 (0) 207 496 3000

 (Nominated Adviser / Broker)

 James Moat / Philip Davies

 IFC Advisory                                Tel: +44 (0) 20 3934 6630

 (Financial PR / IR)

 Graham Herring / Zach Cohen

 

 

 

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