RTC Group PLC Contract Award Network Rail (2002I)
10 Agosto 2021 - 08:52AM
UK Regulatory
TIDMRTC
RNS Number : 2002I
RTC Group PLC
10 August 2021
Certain 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 ("MAR") as applied in
the United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public domain.
10 August 2021
RTC Group Plc
("RTC", "the Company" or "the Group")
Award of Network Rail Frontline Labour Contract
RTC is pleased to announce a major contract award for its
subsidiary, Ganymede Solutions Limited ("Ganymede") confirming its
continuation as a long-term key strategic supply partner to Network
Rail Infrastructure Limited ("Network Rail"). Ganymede will enter
into a contract (the "Contract") with Network Rail to provide
frontline labour services including the supply of safety critical,
track, civil, electrification and plant and signalling resources
nationally.
The Contract will run from the 1st October 2021 for a minimum
period of 5 years, up to a maximum period of 8 years and has an
estimated order book value of between GBP100m and GBP150m over the
term. This contract award confirms Ganymede's position as one of
the UK's leading suppliers of frontline labour to the rail
industry.
Commenting on the award, RTC Chief Executive Andy Pendlebury
said:
"This award is yet another resounding endorsement of the
professional service that Ganymede continues to deliver to its
long-term partner, Network Rail. It also vindicates the Group's
long-term strategic commitment of investing alongside blue-chip
clients supporting the UK transportation and wider infrastructure
sector.
Ganymede has established itself as one of the UK's most
respected frontline labour suppliers and this new long-term
partnership with Network Rail both underpins this and provides a
further fundamental pillar for the Group's growth plans.
The Board is extremely proud of the Ganymede team's achievement
and performance over the last 6 years, which has culminated in this
outstanding further contract award which underpins Management's
current expectations of trading."
Tel: 0133 286 1842
RTC Group Plc
Bill Douie, Chairman
Andy Pendlebury, Chief Executive
SPARK Advisory Partners Limited (Nominated Tel: 0203 368 3550
Adviser)
Matt Davis / Mark Brady
www.Sparkadvisorypartners.com
Panmure Gordon (Broker) Tel: 020 7886 2500
Nick Lovering
www.panmure.com
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 Recruitment brands the Group
provides a wide range of recruitment services in the UK.
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 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. 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.
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.
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.
www.rtcgroupplc.co.uk
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