RA International Group PLC - Africa and Middle East-focused construction and support services provider - Says it has won a contract by the UK Foreign, Commonwealth & Development Office to provide construction services for the refurbishment of the British High Commission in Botswana. The contract value is GBP3.3 million with the work expected to be completed by the end of 2023. Separately, RA says it has been awarded three task orders for work at the US Navy base on the island of Diego Garcia, worth USD8.2 million.
Chief Executive Officer Soraya Narfeldt says: "We are delighted to be announcing these contract awards which highlight our position as a trusted, global partner with western government clients, alongside the strength of our offering combining comprehensive, flexible, mission critical support to our clients."
Current stock price: 12.25 pence each, up 6.5% on Monday morning in London
12-month change: down 69%
By Xindi Wei, Alliance News reporter
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Ra Internation. (RAI)