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IN BRIEF: Sabien Wins "Major Government Department" Contract

14th Sep 2020 19:09

Sabien Technology Group PLC - AIM-listed energy efficiency technology firm based in Maidenhead - Wins GBP185,000 contract with "major government department" to deploy its M2G Boiler Optimisation Technology. Order is a continuation of contract announced April 2019 and further order announced in March 2020. Since July 6 trading update. Sabien has received orders over GBP240,000 for financial year ending June 2021.

Executive Chair Richard Parris: "This repeat contract award is confirmation of Sabien's ability to deliver large scale M2G roll out projects in the public sector during the Covid-19 pandemic. We are delighted to be asked to continue to support the department's energy saving programme."

Current stock price: 0.19 pence

Year-to-date change: up 12%

By Anna Farley; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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