SMRT.L Regulatory News (SMRT)

14 June 2013

Coms plc ("Coms", the "Company" or the "Group")

Contract Win Update

Coms is pleased to provide an update on the major contract announced on 26 April 2013. At the time, the Company was unable to identify its client but is now pleased to announce that this major contract was awarded by MITIE Property Services Limited ("MITIE"). 

MITIE, whose clients include Local Authorities, Housing Associations and Registered Social Landlords has been working with Coms to deliver low cost, sustainable Broadband services to tenants, as part of a digital inclusion and energy monitoring initiative across the social housing 'estate'. Coms will provide an end to end managed Broadband solution on 24 month individual contracts, on behalf of MITIE to its respective clients.

Since this contract was first announced, Coms has commenced the installation of lines, whilst establishing the initial processes and workflows of the project with MITIE and its respective third parties and securing the resources to deliver a best in class service across the social housing sector.

Coms CEO Dave Breith states "We are delighted to be working with MITIE and taking part in this exciting Digital Inclusion Project and helping to provide Broadband services to many households across the country."

Coms plc

David Breith +44 (0) 207 148 3000

Grant Thornton (Nominated Adviser)

Colin Aaronson/Jen Clarke +44 (0) 207 383 5100

Simple Investments (Broker)

Andy Thacker/Nick Emerson +44 (0) 1483 413 500

Newgate Threadneedle (PR)

Graham Herring +44 (0) 207 653 9858