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React Group PLC - South Derbyshire, England-based cleaning, hygiene and decontamination firm - Wins a three-year contract in value of £1.2 million for its maintenance cleaning business. Says the contract is with the UK arm of an unnamed, multi-national manufacturing and distribution business. States that it will provide maintenance cleaning and facility services to the business.
Confirms that it also won a 12-month rolling contract for its specialist reactive cleaning business to provide specialist emergency cleaning services to trains operated by a southern England-based train operator. States that this contract will make it one of the largest providers of this type of service to train operators in the UK. Does not disclose the value of the contract.
Notes that these ‘notable’ contracts are complemented by smaller contract wins across the company.
The contracts will start in April.
Current stock price: 1.68 pence, up 5% on Thursday
12-month change: down 13%
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