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.