React Group PLC Contract wins
04 Octubre 2021 - 1:00AM
RNS Non-Regulatory
TIDMREAT
React Group PLC
04 October 2021
REACH: non-regulatory announcement
4 October 2021
REACT Group Plc
("REACT" or the "Company")
Contract wins
REACT (AIM: REAT.L) the leading specialist cleaning, hygiene and
decontamination company is pleased to announce a number of recent
contract wins.
The largest contract has been awarded to Fidelis to provide
contracted maintenance, cleaning and hygiene services within the
education sector. It has a total contract value of c.GBP550,000
during the initial contract term of 3-years, with the option of an
additional 3-year extension.
The Group has also won a number of smaller to medium sized
contracts in the last few weeks, five of these being in contracted
maintenance cleaning and hygiene services, all on 3-year contract
terms, with other contract wins securing framework agreements to
provide specialist reactive cleaning in both the rail sector and
housing associations.
Shaun Doak, Chief Executive Officer, commented : "These recent
contract awards along with a steadily growing pipeline of
opportunities point towards a return to business-as-usual for a
number of our customers.
They also demonstrate how well Fidelis, acquired in March 2021,
has continued to perform as part of the enlarged Group which is
generating quality revenues across both contracted maintenance and
specialist reactive cleaning services."
For further information:
REACT Group PLC Tel: +44 (0) 1283
Shaun Doak, Chief Executive Officer 550 503
Allenby Capital Limited (Nominated Tel: +44 (0) 203
Adviser and Broker) 328 5656
Nick Athanas / Liz Kirchner (Corporate
Finance)
Amrit Nahal / Tony Quirke (Sales &
Corporate Broking)
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END
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October 04, 2021 02:00 ET (06:00 GMT)
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