Ingenta PLC - Oxford, England-based provider of software and services to publishing industry - Wins two contracts worth £2 million in total over five years for its content distribution platform with unnamed customers. Implementation revenue will start in the second half of 2023. Tells annual general meeting on Thursday that 2023 results will be ‘comfortably in line’ with market expectations.

Chief Executive Officer Scott Winner says: ‘The deals announced today show further progress in the group’s drive to expand its business development activities and follow on from the previously reported media customer win for the group’s commercial intellectual property management product. The latest deals include another addition to our growing [non-governmental organisation] client base and a prestigious, globally recognised US scientific publisher.’

Current stock price: 106.00 pence, up 15%

12-month change: up 19%

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