RA International Group PLC Contract Win with New Client in Central Africa (0365K)
December 11 2018 - 2:01AM
UK Regulatory
TIDMRAI
RNS Number : 0365K
RA International Group PLC
11 December 2018
11 December 2018
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company" and, together with its
subsidiaries, the "Group")
Contract Win with New Client in Central Africa
RA International Group PLC (AIM: RAI), a leading provider of
services to remote locations in Africa and the Middle East, is
pleased to announce that it has secured a contract in a Central
African country with a large publicly listed US company.
The company is a new client for the Group and has engaged RA
International to provide support services in connection with their
work in strengthening the capacity of local security sector
institutions on behalf of the US Government.
The contract is for one base year with four further option years
and commences in the fourth quarter of 2018. The contract value
over the full five years is up to US$5.6 million, not including the
potential supply of equipment and materials which may increase the
value of the contract to RA International.
Soraya Narfeldt, CEO of RA International, commented: "It is very
encouraging to win this long-term contract. I am confident that our
role will be crucial to ensuring the project's success"
Enquiries:
RA International Group PLC Via IFC Advisory
Soraya Narfeldt, Chief Executive Officer
Lars Narfeldt, Chief Operating Officer
Andrew Bolter, Chief Financial Officer
Cenkos Securities PLC (Nominated Adviser and
Broker)
Beth McKiernan +44 (0)131 220
Derrick Lee 6939
IFC Advisory Limited (Financial PR & IR)
Tim Metcalfe
Heather Armstrong +44 (0)20 3934
Florence Chandler 6600
Background to the Company
RA International is a leading provider of services to remote
locations in Africa and the Middle East. It specialises in five
service verticals: construction; integrated facilities management;
operation and maintenance; accommodation; and supply chain
logistics. It has a strong customer base, largely comprising UN
agencies, western governments and global corporations.
The Group provides comprehensive, flexible, mission critical
support to its clients enabling them to focus on the delivery of
their respective businesses and services. RA International's focus
on integrity and values alongside on-going investment in people,
locations and operations has over time created a reliable and
trusted brand within its sector.
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END
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