Australia's Traffic Technologies gains on $7 mln contract win

Traffic Technologies

14/12/2021 02:21

** Shares of Traffic Technologies  TTI.AX  rise as much as
3.3% to A$0.031, their biggest intraday pct gain since Dec. 6
    ** The traffic solutions provider signs https://www.asx.com.au/asxpdf/20211214/pdf/454440hjh7f0lh.pdf
 a contract with Procurement Australia worth up to A$10 mln
($7.11 mln)
    ** Under contract, co to supply traffic signs and safety
products to local councils across Victoria
    ** Stock down 21.1% this year as of last close
    
  


($1 = 1.4071 Australian dollars)

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))