React Group (REAT)

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73.67p
   
  • Change Today:
    -0.33p
  • 52 Week High: 85.00
  • 52 Week Low: 62.50
  • Currency: UK Pounds
  • Shares Issued: 21.55m
  • Volume: 13,710
  • Market Cap: £15.88m
  • RiskGrade: 389

React wins contract with 'major' facilities management group

By Michele Maatouk

Date: Monday 11 Sep 2017

LONDON (ShareCast) - (ShareCast News) - React Group has been awarded a £0.2m contract with a "major" facilities management company covering the provision of cleaning services at a London hospital.
The AIM-listed provider of rapid response deep cleaning and emergency decontamination services said the contract has an initial 12-month term, with possible extension to be agreed between the parties thereafter. It begins in mid-September 2017 and so will largely impact the group's performance in the financial year ending 30 September 2018.

React said this service is a departure from the company's normal day-to-day fast response service, taking it into a new marketplace and hopefully allowing the group to make approaches and market itself to other facilities management and hospitals throughout the UK.

Chairman Gill Leates said: "I am delighted for the company and the team who have put in a huge amount of hard work to a very high standard, proving their capabilities in this area over the past few months."

Also on Monday, React announced that Mark Collingbourne, executive director, has tendered his resignation. He will leave the board on 11 September 2017 "in order to free up time for other growing business interests".

The company has appointed an interim chief finance officer to report to the board on all financial matters, pending the identification and appointment of a board appointment.

At 0925 BST, the shares were up 11% to 0.56p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

React Group Market Data

Currency UK Pounds
Share Price 73.67p
Change Today -0.33p
% Change -0.45 %
52 Week High 85.00
52 Week Low 62.50
Volume 13,710
Shares Issued 21.55m
Market Cap £15.88m
RiskGrade 389

React Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.24% below the market average17.24% below the market average17.24% below the market average17.24% below the market average17.24% below the market average
34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average
Price Trend
46.34% above the market average46.34% above the market average46.34% above the market average46.34% above the market average46.34% above the market average
26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average
Income Not Available
Growth
83.14% above the market average83.14% above the market average83.14% above the market average83.14% above the market average83.14% above the market average
83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average83.67% above the sector average

React Group Dividends

No dividends found

Trades for 17-Jun-2024

Time Volume / Share Price
12:32 15 @ 74.10p
08:09 13,695 @ 73.02p

React Group Key Personnel

CEO Shaun Doak
CFO Spencer Dredge

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