Announcement
Redhall Group PLC : Jordan Manufacturing Wins Nuclear Contract
RNS Number : 7234Z
Redhall Group PLC
19 December 2017
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For immediate release |
19 December 2017 |
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Redhall Group plc
("Redhall" or the "Company")
Jordan Manufacturing Wins Nuclear Contract
Redhall (AIM: RHL), the high integrity manufacturing and services group, announces that its Jordan Manufacturing business has secured a key role in support of Cavendish Nuclear, a subsidiary of Babcock International Group PLC ("Babcock"), for the delivery of specialist handling and containment systems to process nuclear material for Sellafield Ltd ("Sellafield").
Babcock announced on 18 December 2017 that Cavendish Nuclear has been awarded a 10-year contract with Sellafield. Worth up to £95 million over the first three years, Cavendish Nuclear will provide Sellafield with design, manufacture and supply of complex bespoke equipment for the treatment and management of nuclear materials.
Jordan Manufacturing has secured, through a Teaming Agreement with Cavendish Nuclear, a key role in the delivery of this contract and will manufacture containment systems and associated process equipment. It is anticipated that this will be worth up to £18 million over the first three years.
Phil Brierley, CEO of Redhall, said: "We are delighted to have secured a key role supporting Cavendish Nuclear in the delivery of this strategically important programme. This opportunity clearly reflects the capabilities Jordan Manufacturing has developed over many years in the supply of highly complex containment systems and gives the business good visibility over its order book for a number of years to come."
Contact details:
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Redhall Group plc |
Tel: +44 (0) 1924 385 386 |
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Phil Brierley, Chief Executive Chris Kelly, Group Finance Director Wayne Pearson, Chief Operating Officer |
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Buchanan, PR Adviser |
Tel: +44 (0) 20 7466 5000 |
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Mark Court, Sophie Wills, Gemma Mostyn-Owen |
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GCA Altium, Financial and Nominated Adviser |
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Tim Richardson, Simon Lord |
Tel: +44 (0) 20 7484 4040 |
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WH Ireland, Broker |
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Adrian Hadden, Ed Allsopp |
Tel: +44 (0) 20 7220 1666 |
This information is provided by RNS
The company news service from the London Stock Exchange
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