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RTC Subsidiary Signs Formal Deal For Network Rail Staffing Services

20th Mar 2015 08:53

LONDON (Alliance News) - Recruitment company RTC Group PLC on Friday said its Ganymede Solutions Ltd subsidiary has now signed a formal contract with Network Rail to provide contingent labour services to the rail operator.

Shares in RTC surged last month after it said it had won the deal to provide contingent labour services including the supply of safety critical, track and electrification and plant workers in the West, South West and North East England, the Midlands and Wales.

The deal is estimated to be worth GBP80 million to GBP100 million in total and will run for five years from April 2015.

RTC shares were untraded Friday morning, having last traded at 64.06 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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