The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.
15 October 2026
Journeo plc
(“Journeo”, the “Company” or the “Group”)
£6m Framework Agreement
Journeo plc (AIM: JNEO), a leading provider of intelligent systems for transport networks and critical national infrastructure, is pleased to announce the renewal of its framework agreement with Transport UK London Bus (“Transport UK”).
The Agreement is expected to generate £6m in revenues over a 5-year period and will run through to October 2031.
Transport UK operates 1,000 buses across more than 65 Transport for London services. It is part of the wider Transport UK Group, which also operates regional bus services and major rail contracts throughout the UK.
Under the agreement, Journeo will provide CCTV, vehicle gateway technology and associated equipment for Transport UK’s existing London bus fleet including 70 ancillary vehicles and those entering the fleet. These include newly purchased buses and vehicles transferred from other operators following the award of route contracts through London’s competitive tendering process.
All vehicles will be connected to Journeo’s secure SaaS platform, the Journeo Portal, enabling Transport UK’s incident management teams to retrieve operational data and evidence packs quickly and share information securely with authorised users, including the Metropolitan Police.
Russ Singleton, Chief Executive Officer of Journeo plc, commented:
“We are delighted to extend our relationship with Transport UK for a further five years. Transport UK was among the first operators to adopt the Journeo Portal and our accompanying on-board technology. This renewal reflects the value our solutions deliver in supporting day-to-day operations, helping teams manage incidents efficiently and providing secure access to evidence when it is needed”.
A digital copy of this announcement will be available on the Group’s website: www.journeo.com.
For further information, please contact:
|
Journeo plc Russ Singleton/Nick Lowe |
+44 (0) 203 651 9166 |
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Cavendish Capital Markets Limited – Nominated Adviser and Broker Callum Davidson/Isaac Hooper |
+44 (0) 207 220 0500 |
Notes to editors:
Journeo plc is a leading Intelligent Systems provider, delivering sustainable solutions in towns, cities, airports, and the public transport networks that connect them while safeguarding critical infrastructure and high-security environments with advanced access control, intrusion detection, and surveillance technologies.
Through the Group’s six operating companies, it addresses three key market segments:
- Integrated services: The design, delivery and maintenance of complex solutions to the on-vehicle transportation market, including advanced CCTV video surveillance to improve passenger and driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting, underpinned by the Group’s SaaS solutions.
- Information systems: The design, manufacture installation and support of passenger information display solutions for bus and rail applications at key stations, interchanges and the transport networks that connect them. Solutions are managed through powerful content management systems.
- Infrastructure protection: Advanced solutions for the protection of Critical National Infrastructure sites including utilities, defence and high security industrial and commercial applications.
In the last five years, the Company has invested over £10 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.
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