NRC Group ASA - Appointed to a contract in Finland - EUR 27 million

Finnish Transport Infrastructure Agency (FTIA) has appointed NRC Group Finland, a company wholly owned by NRC Group ASA, to an overall contract for railway maintenance.

The maintenance area is situated in Northern Finland ranging from Oulu, up to Kolari and Patokangas. NRC Group Finland will be responsible for preventive maintenance and corrective measures on the track lines, and the contract will include rail services such as track, switch and signalling maintenance.

The contract is valued at approximately EUR 27 million. The work will commence in November 2022, and is scheduled for completion in October 2026, with an additional 2+2 year option period.

Closing date for submission of complaints is 14 days from today, and formal contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Siri Nilsen, Administration, NRC Group ASA.