RTG Rethink Grp

TIDMRTG

ReThink Group (The) PLC

04 February 2014

4 February 2014

The Rethink Group plc

("Rethink" or the "Group")

Talent Management Contract with Admin Re

Rethink Group (AIM:RTG), one of the UK's leading talent management and recruitment services companies, is delighted to confirm that the significant Talent Management contract noted in its recent trading update is with Admin Re, a leading insurance company that is part of the Swiss Re group.

In the latter part of 2013, Rethink's Talent Management division signed a managed service agreement, with an annual value of approximately GBP7.5 million contracted to July 2016. Under the terms of the agreements, Rethink will both provide and manage all IT contract staff across four UK locations for Admin Re.

This contract supports the strategic focus of the Rethink Group on winning long term deals across blue chip clients.

Kate Butler, Recruitment Manager Admin Re UK, said: "Rethink was the stand out supplier for Admin Re to partner with and we are delighted with the initial positive impact the service has had within IT".

Steve Wright, Rethink CEO, said: "We are very pleased to have competitively won this managed service agreement with Admin Re. ReThink Talent Management has an excellent reputation within the financial services sector and as a leading supplier we look forward to strengthening our close working relationship with Admin Re over the coming years. This prestigious new client is testament to the continued success and growth plans".

For further information please contact:

 
 Rethink Group plc 
 Steve Wright, CEO                        07836 226902 
 Shore Capital (Nominated Adviser and 
  Broker) 
 Bidhi Bhoma/Edward Mansfield            0207 408 4090 
 Newgate Threadneedle 
 John Coles/Fiona Conroy                 020 7653 9850 
 

About Rethink Group plc

Rethink Group (AIM: RTG) provides business transformation services through talent management and recruitment services. These mutually supported activities work in synergy and support our growing customer base.

The Group supports clients across the UK, Europe, US, Middle East and Asia Pacific.

For more information please visit our website: www.rethinkgroupplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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