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Redcentric Extends Contract To GBP7.7M, Wins New Contract For GBP940K

28th Oct 2013 10:22

LONDON (Alliance News) - Redcentric PLC said Monday that it had extended a managed service contract with a property developer by two years, and won a new contract with a media business for an ICT project and maintenance.

The extended contract, originally valued at GBP4.7 million, is now worth around GBP7.7 million, Redcentric said. The new deal with the media business is worth around GBP940,000 over three years.

Redcentric did not name the two companies involved.

Redcentric is a communication technology services company. Its shares were untraded at 84.50 pence Monday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews


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