EU supply : Contract Wins – 05 December 2018 >>

RNS Reach

5 December 2018

EU Supply plc

("EU Supply", the "Company" or the "Group")

Contract Wins

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has signed two contracts, both with leading European nuclear research organisations for the provision of CTMTM and related services. The contracts are, in aggregate, worth approximately €200k (mostly of recurring nature) and will contribute to the Company's revenue over the course of the next 12 months.

Thomas Beergrehn, CEO of EU Supply plc, commented: "These two contracts are of particular significance to the Company as they highlight the demand for CTMTM, an advanced competitive tendering service platform. They also highlight our ability to configure our platform online to very different procedures and workflows required by clients with different regulatory and internal process requirements."

FURTHER ENQUIRIES

EU Supply PLC

Tel: 020 7127 4545

Thomas Beergrehn, CEO Fredrik Wallmark, CFO Stockdale Securities Tom Griffiths, Ed ThomasTel: 020 7601 6100

A copy of this announcement is available atwww.eu-supply.com.

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender

Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over

8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through aplacing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.