REG - React Group PLC - Contract Win

ReactAnnouncement

06/09/2023 07:00

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RNS Number : 4830L  React Group PLC  06 September 2023

6 September 2023

REACT Group plc

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

Contract Win

 REACT Group plc (AIM: REAT.L), the leading specialist cleaning, hygiene, and
decontamination company, is pleased to announce it has been awarded an initial
two-year contract to provide regular window and signage cleaning services to
an established fast growing variety store chain covering c.700 national retail
outlets based in high streets, retail parks and shopping centres throughout
the United Kingdom.

 

The contract, which begins in October, has a total life value of approximately
£500k, with potential for growth from additional services and new store
openings.

 

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

 

"We are excited to have another prominent and well-known brand choose to
appoint REACT to a national contract, recognising our strength through our
LaddersFree business to provide consistently high-quality services at great
value across the whole of their UK estate.  Furthermore, our window cleaners
operate locally to every store and rarely travel more than a handful of miles
to each site, not only providing great service and great value but also
maintaining a low impact on the environmental challenges faced by multi-site
estates today."

 

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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