RA International Group PLC New Contract Award (6979A)
June 03 2021 - 2:00AM
UK Regulatory
TIDMRAI
RNS Number : 6979A
RA International Group PLC
03 June 2021
This announcement contains inside information
RA INTERNATIONAL GROUP PLC
("RA International" or the "Company")
New Contract Award
RA International Group PLC (AIM: RAI), a specialist provider of
complex and integrated remote site services to Humanitarian,
Governmental and Commercial organisations globally, is pleased to
announce the award of a significant new contract.
The integrated facilities management ("IFM") contract is with
the US Government to provide comprehensive life support and
maintenance services for the United States Agency for International
Development ("USAID") in one of their compounds in East Africa.
These services will also be provided to the US Embassy as they
share the USAID compounds. The contract is for an initial two-year
base period, with the option for two one-year extensions. The
contract value, including the option years and incentives, is USD
21.5 million and will commence in June 2021.
Soraya Narfeldt, CEO of RA International, commented: "We are
delighted to announce this landmark contract which sees us working
directly with USAID. This contract is a great example of the type
of work we do, delivering integrated services to international
standards in challenging and dynamic locations and, through the
strength of our reputation, we are broadening our customer base and
are winning larger contracts. As we announce this important
contract win, it is worth highlighting to shareholders we continue
to be very encouraged by our business development activity, both
the number and value of new contracts we are discussing."
Enquiries:
RA International Group PLC Via Bamburgh
Soraya Narfeldt, Chief Executive Officer Capital
Lars Narfeldt, Chief Operating Officer
Andrew Bolter, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser
and Broker)
Bobbie Hilliam +44 (0)207 523
Alex Aylen 8000
Bamburgh Capital Limited (Financial PR & +44 (0)191 249
Investor Relations) 7442
Murdo Montgomery investors@raints.com
About RA International
RA International is a leading provider of services to remote
locations in Africa and the Middle East. The Company offers its
services through three channels: construction, integrated
facilities management and supply chain, and services three main
client groups: humanitarian and aid agencies, governments and
commercial customers, predominantly in the oil and gas and mining
sectors. It has a strong customer base, largely comprising UN
agencies, western governments and global corporations.
The Company provides comprehensive, flexible, mission critical
support to its clients enabling them to focus on the delivery of
their respective businesses and services. Focusing on integrity and
values alongside making on-going investment in its people,
locations and operations has over time created a reliable and
trusted brand within its sector.
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