TIDMRAI

RNS Number : 9072K

RA International Group PLC

07 September 2021

This announcement contains inside information

RA INTERNATIONAL GROUP PLC

("RA International" or the "Company")

New Contract Award

RA International Group PLC (AIM: RAI), a specialist provider of complex and integrated remote site services to Humanitarian, Governmental and Commercial organisations globally, is pleased to announce the award of a significant new contract in a joint venture with ECC, the US based global construction and environmental remediation contractor.

The contract with US Navy Facilities Engineering Systems Command Far East is a five year contract for design and construction services supporting their base on the island of Diego Garcia in the Indian Ocean. The contract ceiling for this award is USD 249m and RA International and ECC will compete for individual task orders with four other awardees.

Soraya Narfeldt, CEO of RA International, commented: "We are delighted to announce this landmark contract which highlights the exceptional opportunity we have to establish partnerships with US companies to support overseas projects for the US government. As this contract demonstrates, working in tandem with US partners like ECC brings together our complementary relationships and expertise and allows us to extend the geographical reach of the services we provide. We very much look forward to working with ECC on this exciting multi-year opportunity."

Enquiries:

 
 RA International Group PLC                               Via Bamburgh 
  Soraya Narfeldt, Chief Executive Officer                     Capital 
  Lars Narfeldt, Chief Operating Officer 
  Andrew Bolter, Chief Financial Officer 
 Canaccord Genuity Limited (Nominated Adviser 
  and Broker) 
  Bobbie Hilliam                                        +44 (0)207 523 
  Alex Aylen                                                      8000 
 Bamburgh Capital Limited (Financial PR &               +44 (0)191 249 
  Investor Relations)                                             7442 
  Murdo Montgomery                                investors@raints.com

About RA International

RA International is a leading provider of services to remote locations. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, governments and commercial customers, predominantly in the oil and gas and mining sectors. It has a strong customer base, largely comprising UN agencies, western governments and global corporations.

The Company 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 or visit 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.

END

CNTDZGGLLVKGMZM

(END) Dow Jones Newswires

September 07, 2021 02:00 ET (06:00 GMT)

Ra (LSE:RAI)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Ra.
Ra (LSE:RAI)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Ra.