REG-Acuity RM Group Plc: Contract

Acuity RMAnnouncement

13/05/2024 07:15

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

 

Acuity RM Group plc

("Acuity" or the "Group")

 

Contract Win

 

Acuity (AIM: ACRM), the software group, is delighted to announce that its
wholly owned operating subsidiary, Acuity Risk Management Limited (`ARML')
which supplies the award-winning STREAM software platform for the
Governance, Risk and Compliance ("GRC") market, together with associated
consultancy services, has won a three year contract worth more than £500,000,
all of which is payable in the current financial year.

 

This contract comprises a renewal as well as upsell of Acuity's STREAM®
software platform for GRC together with associated services to a major
organisation within the British Government.  This is the third order of
similar size received from this organisation in the past 12 months.

 

Angus Forrest, Executive Chairman, commented; "This new contract validates our
increasing presence in the customer's infrastructure and importance to the
customer.  Further, it provides credibility to other potential customers as
Acuity expands in the UK and North America.  Acuity is growing strongly
because of closer links with customers leading to more upsell, winning larger
orders and growing the customer base."

 

 For further information please contact:                                        
 Acuity RM Group plc                      https://www.acuityrmgroup.com         
 Angus Forrest                            +44 (0) 20 3582 0566                  
 WH Ireland (NOMAD & Broker)              www.whirelandplc.com/capital-markets  
 Mike Coe / Sarah Mather                  +44 (0) 20 7220 1666                  
 Peterhouse Capital (Joint broker)                                              
 Lucy Williams / Duncan Vasey             +44 (0) 20 7469 0936                  
 Clear Capital (Joint broker)                                                   
 Bob Roberts                              +44 (0) 20 3869 6080                  

 

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
services. Its award-winning STREAM® software platform collects data about
organisations to improve business decisions and management.  It is used by
around 70 organisations in markets including government, utilities, defence,
broadcasting, manufacturing and healthcare.

 

The Company is focused on delivering long term, sustainable growth in
shareholder value. In the short to medium term this is expected to come from
organic growth and thereafter may also come from complementary acquisitions.



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