Award of SSE Plc contract
25 July 2017
RTC Group plc
("RTC" or the "Company")
Award of SSE Plc contract to provide Smart Meter Installers
RTC is delighted to announce that Ganymede Energy, a division of Ganymede Solutions Limited ("Ganymede"), has been chosen by SSE Plc to source, train and provide a minimum of 250 Dual Fuel Installers for its Smart-Meter rollout programme ("the Contract").
The initial term of the Contract signed on 25 July 2017 runs until 31 December 2020 and has a revenue value of £28m which will be realised over the initial term. The provision of Smart Meter Installers will commence in November 2017 with a phased training and deployment plan that will see at least 250 Installers deployed on a full-time basis. All installers will be provided fully accredited but will undertake additional training with SSE to ensure that they maintain the high standards of service and safety expected."
Commenting on the award, RTC Chief Executive Andy Pendlebury said:
'I am delighted that Ganymede Energy has been chosen to partner SSE Plc on this exciting long-term project. This partnership is another significant step for our Ganymede business in establishing itself as the market leading provider of personnel to safety critical environments.
RTC acquired Ganymede Energy (formerly RIG Energy) in December 2014 as part of its diversification strategy for Ganymede and the wider group. Ganymede Energy has performed solidly since its acquisition and under new management the business has built a reputation as one of the UK's most respected suppliers of engineers to the domestic energy and utilities sector. Ganymede Energy's impressive organic growth alongside the existing strength of Ganymede's Rail division with its long-term contract with Network Rail, firmly establishes Ganymede as both an industry leader and a fundamental pillar in RTC's future success strategy.
The Board is extremely proud of Ganymede and the Ganymede Energy team.'
~ Ends ~
RTC Group plc
Bill Douie, Executive Chairman
Andy Pendlebury, CEO
Sarah Dye, Group Finance Director
Tel: 01332 861 844
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Mark Brady
Tel: 0203 368 3550
Whitman Howard Limited (Broker)
Nick Lovering / Francis North
Tel: 020 7659 1234
RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.
ATA is one of the UK's leading engineering and technical recruitment consultancies. Supplying white and blue collar engineering and technical staff to a broad range of SME clients and vertical markets.
Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.
Global Staffing Solutions predominantly provides managed service solutions for international clients.
This information is provided by RNS
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