REG - RTC Group PLC - Notification of Contract Wins

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RNS Number : 5249Y  RTC Group PLC  30 March 2026

The information contained within 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 by virtue of the Market
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Announcement, this information is now considered to be in the public domain.

 

30 March 2026

RTC Group Plc

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

Notification of contract wins

RTC Group Plc (AIM: RTC.L) is pleased to announce that its wholly owned
subsidiary, Ganymede Solutions Limited ("Ganymede"), has been awarded new and
extended contracts with major UK infrastructure and energy clients, further
strengthening the Group's position as a key delivery partner in the upgrade
and maintenance of critical national infrastructure; and consistent with the
Group's key strategy of developing and retaining longer term earnings streams.

1.    Network Rail Contract Extension

Ganymede has agreed an extension to its existing contract with Network Rail
for the provision of frontline labour across key regions of the UK rail
network.

The contract, which originally commenced in October 2021, has been extended
through to October 2029 and covers the supply of skilled personnel across the
Kent, Sussex and Scotland regions, alongside the national provision of
Signalling & Telecoms (S&T) and Electrification & Plant (E&P)
staff.

The extension is expected to generate revenues to the Group of over £50m over
the contract period.

2.    Network Rail Isolation and Associated Services Contracts

Ganymede has also been awarded three contracts by Network Rail under its
Isolation and Associated Services framework, covering the Eastern, Northwest
& Central, and Wales & Western regions.

The contracts will commence on 1 May 2026 and have an initial term of three
years, which may be extended up to a maximum term of six years. These
contracts will see Ganymede expand its service offering in electrification and
isolation services across the UK rail network.

3.    OVO Smart Meter Engineers Contract Extension

Ganymede has secured an extension to its contract with OVO for the provision
of smart meter engineers. The agreement, originally established in 2017, will
continue through to the end of 2026 and is expected to generate revenues of
approximately £5 million in 2026.

4.    Amey Contingent Labour Framework Agreement

Ganymede has entered into a contingent labour framework agreement with Amey
Rail Services Limited, Amey Infrastructure Wales Limited and Amey OWR Limited,
following a competitive tender process.

The framework has an initial term of three years from March 2026, with an
option to extend for a further two years and will see Ganymede continue to
provide contingent labour services across Amey's rail operations.

Commenting on the awards, Andy Pendlebury, Chairman and CEO, said:

"We are pleased to extend our long-standing relationships with Network Rail
and OVO, and to secure further contract awards across our core markets. These
developments reflect the continued confidence of our clients in Ganymede's
ability to deliver high quality workforce solutions and support the Group's
strategy of developing long-term earnings streams."

 

As is customary in the industry, and consistent with RTC's other contracts,
these new contract wins are framework contracts with no minimum volumes or
guarantee of revenue.

~ Ends ~

 

Enquiries:

 RTC Group Plc                                                                                    Tel: 01332 861 816
 Andy Pendlebury, Chairman and Chief Executive                                       Contact Us - RTC Group Plc

                                                                      (https://www.rtcgroupplc.co.uk/contact-us/)
 www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk)

 SPARK Advisory Partners Limited (Nominated Adviser)                                              Tel: 0203 368 3550

 Matt Davis / James Keeshan

 www.Sparkadvisorypartners.com (http://www.Sparkadvisorypartners.com)

 Zeus (Broker)                                                                                    Tel:  020 3829 5000

 Mike Coe / James Bavister (Investment Banking)

 Nick Searle (Sales)

 www.zeuscapital.co.uk (http://www.zeuscapital.co.uk)

 

 

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and
blue-collar recruitment, providing temporary and permanent labour to a broad
range of industries and customers in both domestic and international markets
through its geographically defined operating divisions.

UK division

Through its Ganymede and ATA brands the Group provides a wide range of
recruitment services to the following sectors in the UK:

•           Rail

•           Energy and utilities

•           Manufacturing and engineering

•           Water and environment

•           Transportation

•           Highways

•           Construction

Ganymede specialise in recruiting the best technical and engineering talent
and providing complete workforce solutions to help build and maintain
infrastructure and transportation for a wide range of UK and international
clients. Ganymede is a market leader in providing a diverse range of people
solutions to the rail, energy, construction, highways and transportation
sectors. With offices strategically located across the country, Ganymede
provides its clients with the benefit of a national network of skilled
personnel combined with local expertise.

ATA Recruitment provide high-quality technical recruitment solutions to the
manufacturing, engineering and technology sectors. Working as an engineering
recruitment partner supporting businesses across the UK and Europe, ATA
Recruitment has a strong track record of attracting and recruiting the best
engineering talent for our clients. ATA's regional offices which are
strategically located in Leicester and Leeds each have dedicated
market-experts to ensure ATA delivers excellence to both our clients and
candidates.

International division

Through its GSS brand the Group works with customers across the globe that are
focused on delivering projects in a variety of engineering sectors. GSS has a
track record of delivery in some of the world's most hostile locations.
Working closely with its customers GSS provides contract and permanent
staffing solutions on an international basis, providing key personnel into new
projects and supporting ongoing large-scale project staffing needs. GSS
typically recruit across a range of disciplines and skills from operators and
supervisors, through to senior management level.

The Group headquarters are located at the Derby Conference Centre which also
provides office accommodation for its operating divisions in addition to
generating rental and conferencing income from space not utilised by the
Group.

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