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Pin to quick picksSabien Tech. Regulatory News (SNT)

Share Price Information for Sabien Tech. (SNT)

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Market Cap: £1.03m
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New Contract Win

25 Aug 2011 07:00

RNS Number : 9786M
Sabien Technology Group PLC
25 August 2011
 



 

 

 

 August 2011

Sabien Technology Group plc

 

("Sabien" or "the Company")

 

Contract win

 

 

Sabien, the manufacturer and supplier of M2G, a patented energy efficiency technology, is pleased to announce it has received an order from Monteray Ltd ("Monteray") for £338,325 for M2G installations within the BT Group plc estate which, when added to a recent order from them for £52,050, brings the total value of orders received under this contract for this financial period to £390,375. The orders will be recognised as sales revenue during the current financial year to 30 June 2012.

 

Under this contract the company is anticipating further orders of similar value and will update the market as and when it is appropriate do so.

 

Alan O'Brien, Chief Executive Officer for Sabien said:

 

"We're delighted to have secured our third contract with Monteray and to be working again with one of the world's leading communications services companies. It's a great endorsement for Sabien that they have chosen M2G again to support their on-going carbon reduction commitments in the UK. "

 

 

 

 

For further information:

 

 

Sabien Technology Group plc

 

Alan O'Brien, CEO Tel: +44 (0) 20 7993 3700

Gus Orchard, CFO www.sabien-tech.co.uk

 

Altium

 

Adrian Reed Tel: +44 (0) 845 505 4343

Phil Frame www.altiumcapital.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTSEFFILFFSEFA
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22nd Nov 20127:00 amRNSAGM Statement
30th Oct 201210:44 amRNSGrant of share options
29th Oct 201210:19 amRNSDispatch of Annual Financial Report

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