Contract Award-SYNECTICS PLC

Contract Award-SYNECTICS PLC

Contract Award

Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces the award of a further contract, worth approximately £2.0 million, to supply specialist camera stations for Saudi Aramco's Zuluf development programme.

Further to its announcement on 13 April 2023 of the award of a £3.5 million contract for the Process CCTV system for the Zuluf development programme, the Company, along with its integration partner 3W Networks, has now been contracted to provide the related Security CCTV system.

A significant proportion of this additional contract is expected to be delivered by the end of the Company's financial year ended 30 November 2023, with the balance early in the following year.

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