REAT React Group Plc

TIDMREAT

RNS Number : 9815H

React Group PLC

02 August 2023

2 August 2023

REACT Group plc

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

Major Contract Win

REACT Group plc (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, is pleased to announce it has been awarded a contract with a new customer to provide cleaning services to five shopping centres in the West Midlands.

The agreement is for an initial three years, worth approximately GBP1.8m over this period, with an option to extend for an additional two years.

The contract will commence immediately and the value of work in the current financial year, ending 30 September 2023, is estimated to be approximately GBP100k.

Commenting on the contract win Shaun Doak, Chief Executive Officer of REACT, said:

"We are delighted to bring on board another material new customer in a segment of the market where the REACT group's offering is quickly becoming a trusted and valuable service. This contract consolidates the unique capabilities from across our group to deliver a comprehensive cleaning maintenance programme for the operator of these five successful shopping complexes in the West Midlands" .

For more information:

 
REACT Group Plc                             Tel: +44 (0) 1283 550 
 Shaun Doak, Chief Executive Of cer          503 
 Andrea Pankhurst, Chief Financial Officer 
 Mark Braund, Chairman 
 
  Singer Capital Markets                      Tel: +44 (0) 207 496 
  (Nominated Adviser / Broker)                3000 
  James Moat / Philip Davies 
 
  IFC Advisory                                Tel: +44 (0) 20 3934 
  (Financial PR / IR)                         6630 
  Graham Herring / Zach Cohen 
 

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August 02, 2023 02:00 ET (06:00 GMT)

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