Trading Statement
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
ARCONTECH GROUP PLC
("Arcontech" or the "Company")
Client Win/Trading update
Arcontech (AIM: ARC), the provider of software products and services for the management of real-time financial market-data, is pleased to announce that it has secured a new contract for its CityVision real-time market data platform to enable multiple data sources to be consumed by various applications written in different programming languages.
Following a successful bidding process, Arcontech has signed a 3-year contract with a total value of approximately £800k with a major European bank for deployment of its software in various areas within its trading infrastructure. The contract is with a new customer and has strong expansion potential across the customer's wider market-data estate, with revenue recognition expected to commence in calendar Q3 2026.
As a vendor agnostic market data platform, Arcontech CityVision provides a cost-effective alternative to existing platforms and the flexibility to choose any source of data to avoid "vendor lock-in". Arcontech CityVision is relied upon by some of the largest global banks.
The Company would also like to advise that current performance for the full year ended 30 June 2026 for both revenue and profit is in line with market expectations.
Financial expectations noted above are preliminary and are subject to year-end and financial close and audit review processes.
Enquiries:
Arcontech Group plc 020 7256 2300
Geoff Wicks, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive
Cavendish Capital Markets Ltd (Nomad & Broker) 020 7220 0500
Jonny Franklin Adams/Isaac Hooper (Corporate Finance)
Harriet Ward (Corporate Broking)
To access more information on the Group please visit: www.arcontech.com
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