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24 Oct 2024 07:00
24 October 2024
RA INTERNATIONAL GROUP PLC
("RA International", "RA" or the "Company")
New Contract Award
RA International Group PLC (AIM: RAI), a leading specialist in delivering complex and integrated remote site services to organisations globally, is pleased to announce that it has been awarded a new contract with the United Nations Interim Security Force for Abyei ("UNISFA") (the "UNISFA Contract").
The three-year contract (with two additional option years), valued between USD 60m and USD 70m in aggregate over the five-year period, will commence immediately. RA has been supporting UNISFA in Abyei, which is situated between Sudan and South Sudan, since 2020 through the provision of manpower under the Force Mobility contract worth USD 5m, and the new contract award for the provision of camp management services evidences the Company's ability to upsell services, build long-standing relationships and grow alongside our clients to support their missions in the medium-long term.
Together with the UNISFA Contract and the recently announced awards with UK MOD and UNSOS on 17 and 24 September 2024 respectively, RA has continued growing its US subsidiary, RA Federal Services LLC, with the award of an exciting Design Build Construction contract in support of the Department of State's Rapid Engineering Construction ("REC") Programme for the US Embassy in Zimbabwe. This is our fourth project award in support of the REC Programme, with prior contracts for the US Embassies in Suriname, Thailand, and the Maldives with a combined aggregate value of up to USD 13.5m. These contracts are expected to be completed in 2025.
Soraya Narfeldt, Chief Executive Officer, said: "The UNISFA Contract is RA's third significant contract win in recent months, and is evidence that our ability to execute contracts professionally and to a high standard is valued by our clients. A contract win of this magnitude is always significant to us but means more when it is a reflection of our previous strong performance and support to a client."
The information communicated in this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.
Enquiries:
RA International Group PLC Sangita Shah, Chair Soraya Narfeldt, Chief Executive Officer
| Via Strand Hanson |
Strand Hanson Limited (Nominated & Financial Adviser and Broker) Ritchie Balmer / James Spinney / David Asquith
| +44 (0) 20 7409 3494 |
About RA International
Celebrating 20 years of successful project deliveries across the Globe, RA International is a leading provider of services to remote locations. The Group offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, western Government organisations focusing on overseas projects and commercial entities. It has a strong customer base, largely comprising UN agencies, UK and US government departments and global corporations.
The Group 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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