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red24 (REDT)

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 10.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.88
  • 52 Week Low: 9.63
  • Currency: UK Pounds
  • Shares Issued: 48.73m
  • Volume: 58,937
  • Market Cap: £5.24m
  • RiskGrade: 85
  • Beta: 0.06

HSBC Contract Renewal

RNS Number : 1815H
Red24 PLC
16 February 2010
 



 

red24 plc ("red24" or "the Group")

 

Renewal of HSBC Contract

 

red24 is pleased to announce that it has reached agreement with HSBC to renew its contract for a further three year period, effective immediately. HSBC provides red24 services as part of its HSBC Premier, HSBC Advance and HSBC Passport services and has also recently added red24 to the First directory account within first direct.

Simon Richards, Chairman, commented:

"We are delighted with the continued success of our relationship with HSBC and remain committed to adding value to its customers. This means that we have now secured our two main distribution partners for the foreseeable future, which provides an excellent platform for continued growth."

 

ends

 

 

 

red24 plc

Simon Richards

Maldwyn Worsley-Tonks

 

020 3291 2424

Threadneedle Communications

Josh Royston / Graham Herring

 

020 7653 9850

Seymour Pierce

Mark Percy / David Foreman

020 7107 8000

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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