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AGM Statement

24 Mar 2022 07:00

RNS Number : 8313F
React Group PLC
24 March 2022
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24 March 2022

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REACT Group plc

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("REACT" or the "Company")

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AGM statement

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REACT (AIM: REAT.L), the leading specialist cleaning, hygiene, and decontamination company, will today hold its Annual General Meeting ("AGM") at midday in the Brussels Suite at the Novotel London Waterloo Hotel, 113 Lambeth Road, London SE1 7LS.

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Shareholders will be able to participate in the AGM via the Investor Meet Company ("IMC") platform however shareholders will not be able to vote at the meeting as voting on all resolutions was conducted by way of proxy and the deadline for proxy votes to be received has now passed. Shareholders wishing to participate in the virtual AGM should sign up to IMC for free ahead of the AGM viaΒ https://www.investormeetcompany.com/react-group-plc/register-investorΒ and request to meet the Company. Once registered, shareholders will automatically be emailed an invitation which they should accept in order to receive a unique link to access the AGM.

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Mark Braund, Executive Chairman, will make the following statement at the AGM:

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"In the Company's results for the year ended 30 September 2021, published on 31 January 2022, the Company noted that it had entered the 2022 financial year with a positive outlook following a number of contract wins during the first half of the year, some being material with long-term contracted revenue further strengthening the Company's business model. The Company expects to see the benefit from these awarded contracts materialise as they continue to be mobilised during the second half of the financial year.

In addition to the contracts announced post-year end, the Company expects to continue the progress and contract win momentum and has a strong and growing pipeline of opportunities with both existing and new customers. The Board is confident that the near and long-term outlook for the Group remains positive."

For more information:

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REACT Group plc

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Mark Braund, Executive Chairman

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Tel: +44 (0) 1283 550 503

Allenby Capital Limited

(Nominated Adviser and Broker)

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Nick Athanas / Liz Kirchner (Corporate Finance)

Amrit Nahal / Tony Quirke (Sales & Corporate Broking)

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Tel: +44 (0) 203 328 5656

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