CMG Croma Grp

 

TIDMCMG 
 
RNS Number : 6780I 
Croma Group PLC 
16 March 2010 
 

Croma Group PLC ("Croma") 
 
Significant contract wins for Croma totalling GBP3.8 million per annum 
 
Croma, the AIM listed asset protection, manned guarding, access security, and 
avionics specialist, is delighted to announce three contract awards including 
its largest ever contract at its manned guarding subsidiary Vigilant Security 
Services Limited, ("Vigilant"). 
 
The largest contract involves manned security services and has been awarded by a 
London property group. This contract will last for three years and is worth 
GBP3.4m per annum to Vigilant. 
 
In addition, Vigilant has won two further contracts recently. The first is for 
the provision of manned security services to a major tourist venue in Edinburgh 
for a term of three years and is worth GBP250,000 per annum. 
 
The second is for the provision of manned security services to the Ministry of 
Defence under a one year rolling contract and is worth GBP175,000 per annum. 
 
Commenting on the new contract awards Sebastian Morley, Chief Executive of 
Croma, said: 
 
"We are delighted to announce these significant new contract awards, won in the 
face of strong competition, and which together substantially increase Croma's 
annual contracted revenues. 
 
Together these new contract awards highlight Vigilant's growing reputation as a 
boutique provider of high grade and specialist asset protection services". 
 
+------------------------------+------------------------------+ 
| Croma Group PLC:             |                              | 
+------------------------------+------------------------------+ 
| Sebastian Morley, CEO        | Tel: 07768 006909            | 
+------------------------------+------------------------------+ 
|                              |                              | 
+------------------------------+------------------------------+ 
| Brewin Dolphin:              |                              | 
+------------------------------+------------------------------+ 
| Sandy Fraser, Managing       | Tel: 0845 213 2072           | 
| Director - Corporate Finance |                              | 
| (NOMAD)                      |                              | 
+------------------------------+------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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