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Notification of contract wins

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RTC Group Plc's subsidiary, Ganymede Solutions Limited, has secured new and extended contracts with major UK infrastructure and energy clients. This includes an 8-year labour supply contract with the Southern Renewals Enterprise, a £9 billion initiative focused on infrastructure upgrades across Network Rail's Southern region until 2034. Additionally, Ganymede has extended its contract with E.ON for 12 months to supply smart meter engineers. While these wins demonstrate confidence in Ganymede's capabilities, the contracts are framework agreements without guaranteed minimum volumes or revenue.

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RTC Group Plc (AIM: RTC.L) is pleased to announce that its wholly owned subsidiary, Ganymede Solutions Limited ("Ganymede"), has been awarded new and extended contracts with major UK infrastructure and energy clients, further strengthening the Group's position as a key delivery partner in the upgrade and maintenance of critical national infrastructure; and consistent with the Group's key strategy of developing and retaining longer term earnings streams.

  • Southern Renewals Enterprise ("SRE") 8 Year Labour Supply Contract

Ganymede has been awarded a long-term contract to supply safety critical and contingent labour resources to the Southern Renewals Enterprise.

The SRE is a 10-year, £9 billion collaborative delivery model, established in April 2024, focused on infrastructure upgrades across Network Rail's Southern region including Kent, Sussex and Wessex. SRE brings together Network Rail and key partners VolkerFitzpatrick, Octavius, AtkinsRéalis, and VolkerRail to drive enhanced efficiencies in multi-disciplinary renewals through to 2034.

Under this award, Ganymede will support the SRE by providing supply of safety critical personnel and contingent labour resources throughout the term of the contract.

E.ON Smart Meter Engineers Contract Extension

Ganymede has secured a 12-month extension to its existing contract with E.ON, under which Ganymede continues to supply smart meter engineers to support E.ON's national energy metering operations.

This contract award and extension further underline ongoing confidence from major UK infrastructure and energy clients in Ganymede's capabilities to deliver highly skilled technical, safety critical and contingent workforce solutions across both rail and energy sectors. They demonstrate RTC's sustained market positioning and operational strength in supporting the upgrade and maintenance of the UK's critical infrastructure.

As is customary in the industry, and consistent with RTC's other contracts, these new contract wins are framework contracts with no minimum volumes or guarantee of revenue.

~ Ends ~

UK division

  • Rail
  • Energy and utilities
  • Manufacturing and engineering
  • Water and environment
  • Transportation
  • Highways
  • Construction

International division

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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