This is a non-regulatory announcement

31 October 2023

Acuity RM Group plc 

('Group' or the 'Company')

New Contract win

Acuity RM Group plc (AIM:ACRM) is delighted to announce that its wholly owned operating subsidiary, Acuity Risk Management Limited ('Acuity'), has won a new three year contract worth £160,000, for the use of Acuity's software platform, STREAM^®  by a new client to manage their ISO 27001 framework and excellence of service.  This new client is a motor manufacturer and is expected to lead to further contracts with this customer for functions such as data privacy and enterprise risk management, with significant further opportunities throughout the group.  The contract was won in conjunction with a new partner with worldwide operations.

As identified in previous announcements further opportunities have been and are being identified within this and other existing private and public sector clients for further roll outs of STREAM^®. 

Angus Forrest, Chief Executive of Acuity RM Group plc, said: "It is a great pleasure to win a contract with a company where there is potential to grow the account substantially.  In this case it also brings a new partner into the Acuity orbit of operations, with the potential to assist Acuity grow in global markets."

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management services. It's award-winning STREAM® software platform, which collects data about organisations to improve business decisions and management. It is used by around 70 organisations in markets including government, utilities, defence, broadcasting, manufacturing and healthcare.

The Company is focused on delivering long term, sustainable growth in shareholder value. In the short to medium term this is expected to come from organic growth and thereafter may also come from complementary acquisitions.