Kinovo PLC (AIM:KINO, OTC:BILBF) shares added 7.3% on Friday after the property services group announced a suite of new direct awards under the National Housing Maintenance Forum (NHMF) Framework for Planned Maintenance.
Kinovo won a total of seven awards from Bangla Housing Association, Christian Action (Enfield) Housing Association, Innisfree Housing Association, Islington and Shoreditch Housing Association, Lambeth Self Help Housing Association, North London Muslim Housing Association and Providence Row Housing Association.
"I am pleased that our organic growth strategy continues to deliver new business wins, with our framework agreements demonstrating their value as we translate our opportunities into direct awards,” said Kinovo’s chief executive.
Shares were swapping for 74.6p with a market capitalisation of £47 million.