Source - LSE Non-Regulatory
RNS Number : 0204X
Ingenta PLC
19 July 2024
 

19 July 2024

Ingenta plc

("Ingenta" or the "Company")

New business wins

Ingenta plc (AIM: ING), a leading provider of software and services to the global publishing industry, is pleased to announce it has won three additional contracts across its Content and Commercial divisions. Within the Content division, the Company has won two follow-on contracts from existing customers, expanding the Edify business. These multiyear deals have a contract value, in aggregate, of more than £500K payable for works completed between three and five years. Within the Commercial division, the Company has also commenced work on a new three-year project to migrate, host and support an existing customer's Vista deployment onto our dedicated infrastructure. The contract value for this project is £1.4m over three years.

Scott Winner, CEO of Ingenta, commented:

"Our efforts in both building the sales pipeline and closing deals is continuing to bear fruit.  The new business wins demonstrate both the value of our products and services within our broader markets as well as the continuing trust and positive relationships of current customers.  These wins secure significant future business and provide the Board with additional confidence that the Company's results for the current year will be in line with current expectations."

The information contained in this announcement is not expected to have a material impact on the Company's expected performance for the year ended 31 December 2024.

For further information please contact:

Ingenta plc                                                       Tel: 01865 397 800

Scott Winner/Jon Sheffield

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAGPUWPMUPCPUR
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Ingenta PLC (ING)

-0.50p (-0.63%)
delayed 16:57PM