Sabien Technology Group PLC Corporate Update - Contract win (9402Y)
14 Settembre 2020 - 04:30PM
UK Regulatory
TIDMSNT
RNS Number : 9402Y
Sabien Technology Group PLC
14 September 2020
For immediate release
14 September 2020
Sabien Technology Group plc
("Sabien" or "the Company")
Corporate Update - Contract win
Sabien Technology Group plc (AIM: SNT), the manufacturer and
supplier of M2G, a boiler energy efficiency technology, is pleased
to announce it has been awarded a contract by a major government
department worth GBP185,000 for the deployment of Sabien's M2G
Boiler Optimisation Technology across parts of its Estate. The
order is a continuation of the contract announced on 2 April 2019
and further order announced in the interim results on 20 March
2020.
Richard Parris, Executive Chairman of Sabien, said:
"This repeat contract award is confirmation of Sabien's ability
to deliver large scale M2G roll out projects in the Public Sector
during the COVID-19 pandemic. We are delighted to be asked to
continue to support the department's energy saving programme."
Since the trading update released on 6 July 2020, the Company
has received orders of over GBP240,000, for the financial year
ending June 2021 .
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014
("MAR"). The person who arranged for the release of this
announcement on behalf of the Company was Richard Parris, Executive
Chairman.
For further information:
Sabien Technology Group plc
Richard Parris +44(0)20 7993 3700
Allenby Capital Limited (Nominated Advisor)
John Depasquale / Asha Chotai +44(0)20 3328 5656
Peterhouse Capital Limited (Broker)
Duncan Vasey / Lucy Williams +44(0)20 7469 0930
A copy of this announcement will be available
from the Company's website at www.sabien-tech.co.uk
END
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