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Pin to quick picksJourneo Regulatory News (JNEO)

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Framework Agreement

8 Sep 2025 07:00

RNS Number : 3785Y
Journeo PLC
08 September 2025
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

 

8 September 2025

Journeo plc

("Journeo", the "Company" or the "Group")

 

£5m Framework Agreement - Infrastructure Protection

 

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators, local authorities, and the public transport networks that connect them, is pleased to announce that its recently acquired subsidiary, Crime and Fire Defence Systems Limited ("CFDS"), a specialist integrator of physical and cyber security solutions for the UK Critical National Infrastructure, Defence, and Utilities markets, has secured a four-year framework agreement, valued at up to £5 million with a UK utility company (the "Framework Agreement").

 

Under the Framework Agreement, CFDS will deliver complex, high-security infrastructure protection services across multiple sites applying its specialist expertise to safeguard critical assets and ensure the continued resilience and integrity of operations.

 

Russ Singleton, Chief Executive Officer, commented:

"We are delighted to have secured this important Framework Agreement which further strengthens CFDS's position as a trusted partner in the protection of the UK's critical infrastructure. Having recently acquired CFDS, this award provides strong early validation of the strategic rationale for the transaction and demonstrates the value of their specialist expertise in physical and cyber security. The four-year programme provides a solid foundation for growth and reflects the confidence that major utilities place in the Group's ability to deliver robust, innovative solutions".

 

A digital copy of this announcement will be available on the Group's website: www.journeo.com.

 

For further information, please contact:

 

Journeo plcRuss Singleton/ Nick Lowe

+44 (0) 203 651 9166

Cavendish Capital Markets Limited - Nominated Adviser and BrokerKaty Birkin/ Callum Davidson

+44 (0) 207 220 0500

 

Notes to editors:

 

Journeo plc is a leading Intelligent Systems provider, delivering sustainable solutions in towns, cities, airports, and the public transport networks that connect them while safeguarding critical infrastructure and high-security environments with advanced access control, intrusion detection, and surveillance technologies.

 

The Group has six operating companies:

 

· Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

· Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

· Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

· Crime and Fire Defence Systems: specialise in protection of Critical National Infrastructure sites including utilities, defence and high security industrial and commercial applications.

· Journeo AS (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

· Journeo AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

 

In the last 4 years, the Company has invested over £6 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.

 

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