RA International Group PLC RA International Awarded New Construction Contract (1771Z)
May 16 2019 - 2:00AM
UK Regulatory
TIDMRAI
RNS Number : 1771Z
RA International Group PLC
16 May 2019
This announcement contains inside information
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company" and, together with its
subsidiaries, the "Group")
RA International Group PLC Awarded Major New Construction
Contract
RA International Group PLC (AIM: RAI), a leading provider of
services to remote locations in Africa and the Middle East,
announces today that it has been awarded a new contract by a large
Humanitarian client in Central Africa. Under the terms of the
contract, RA International will construct accommodation facilities
for peacekeeping troops in up to 10 locations around the
country.
This contract award follows an extension of two similar previous
construction contracts in the region where RA has supported the
client for over three years. The new contract will run for one year
with work set to start in June 2019. The total value of the
contract is USD 10.7 million.
Soraya Narfeldt, CEO of RA International, commented: "The award
of the contract highlights the continued trust and confidence our
client has in our ability to support them in a difficult and
challenging environment. We are delighted that our client has
recognised this and entered into a new contract with us based on
our excellent services and expertise on the ground.
* * * * *
Enquiries:
RA International Group PLC Via Hudson Sandler
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
Hudson Sandler LLP (Financial PR & IR) +44 (0)207 796
Daniel de Belder 4133
Nelly Akpaka rainternational@hudsonsandler.com
About RA International
RA International is a leading provider of services in remote
locations across Africa and the Middle East. It specialises in
three service channels: construction; integrated facilities
management; and supply chain. It has a strong and loyal 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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contact rns@lseg.com or visit www.rns.com.
END
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