React Group (REAT)

Sector:

Support

Index:

FTSE AIM All-Share

75.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 85.00
  • 52 Week Low: 62.50
  • Currency: UK Pounds
  • Shares Issued: 21.55m
  • Volume: 10,815
  • Market Cap: £16.16m
  • RiskGrade: 389

React Group wins two-year contract with UK variety store chain

By Josh White

Date: Wednesday 06 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Cleaning, hygiene and decontamination service provider React Group announced on Wednesday that it had secured an initial two-year contract to offer regular window and signage cleaning services to an expanding, unnamed variety store chain in the UK.
The AIM-traded firm said the contract encompassed services for around 700 retail outlets, located in high streets, retail parks, and shopping centres nationwide.

Set to start in October, the contract was estimated to have a total life value of around £0.5m.

Additionally, there was potential for the contract to grow in value due to the provision of additional services, and the opening of new retail locations by the variety store chain.

"We are excited to have another prominent and well-known brand choose to appoint React to a national contract, recognising our strength through our LaddersFree business to provide consistently high-quality services at great value across the whole of their UK estate," said chief executive officer Shaun Doak.

"Furthermore, our window cleaners operate locally to every store and rarely travel more than a handful of miles to each site, not only providing great service and great value but also maintaining a low impact on the environmental challenges faced by multi-site estates today."

At 1414 BST, shares in React Group were up 3.63% at 1.56p.

Reporting by Josh White for Sharecast.com.

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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 75.00p
Change Today -1.00p
% Change -1.32 %
52 Week High 85.00
52 Week Low 62.50
Volume 10,815
Shares Issued 21.55m
Market Cap £16.16m
RiskGrade 389

React Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.67% below the market average16.67% below the market average16.67% below the market average16.67% below the market average16.67% below the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Price Trend
34.34% above the market average34.34% above the market average34.34% above the market average34.34% above the market average34.34% above the market average
13.13% above the sector average13.13% above the sector average13.13% above the sector average13.13% above the sector average13.13% above the sector average
Income Not Available
Growth
83.29% above the market average83.29% above the market average83.29% above the market average83.29% above the market average83.29% above the market average
83.84% above the sector average83.84% above the sector average83.84% above the sector average83.84% above the sector average83.84% above the sector average

React Group Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:35 1,000 @ 75.00p
16:35 618 @ 75.00p
16:35 382 @ 75.00p
13:18 6,555 @ 76.09p
08:12 3,260 @ 76.30p

React Group Key Personnel

CEO Shaun Doak
CFO Spencer Dredge

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