REG - Cerillion PLC - Major follow-on contracts worth £17.3m

CerillionAnnouncement

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RNS Number : 3019Y  Cerillion PLC  08 September 2025

AIM: CER

Cerillion plc

("Cerillion" or "Company")

Major Follow-on Contracts Worth £17.3m

 

Cerillion, the billing, charging and customer relationship management software
solutions provider, is pleased to announce that it has signed two agreements,
worth a total of £17.3m, with an existing European customer. They are the
expected follow-on contracts to the major new services agreement, worth
£8.0m, signed with the customer in May 2025 and reported with interim
results. Together they are among the Company's largest wins to date and
support existing consensus market expectations.

All three contracts relate to the on-boarding of this customer's
newly-acquired, Tier-1 customer base onto its existing Cerillion BSS/OSS
platform. Their combined value of £25.3m is over an initial five-year term.
The two newer agreements cover software licences for the new customer base,
maintenance, managed services and Cerillion's Evergreen programme, which
provides ongoing access to the latest product enhancements. As previously
reported, before awarding Cerillion the initial services contract in May, a
rigorous selection process was undertaken involving external consultants and
key business stakeholders.

Louis Hall, Chief Executive Officer of Cerillion plc, commented:

"We are delighted to announce these two contracts, worth a combined £17.3m,
with an important major European customer. They make up the expected follow-on
agreements to the initial £8.0m services contract that we signed with this
client in May to migrate its newly-acquired, Tier-1 customer base to our
solution.

"These agreements deepen and broaden our relationship with this significant
customer and provide further high profile, market validation of our
product-centric approach, which enables clients to reduce costs, drive
operational efficiencies and improve the customer experience. We view these
agreements as strategically important for the Group in our marketplace."

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.

 

For further information please contact:

 Cerillion plc                                     c/o KTZ Communications

 Louis Hall, CEO, Andrew Dickson, CFO              T: 020 3178 6378

 Panmure Liberum (Nomad and Joint Broker)          T: 020 3100 2000
 Bidhi Bhoma, Edward Mansfield, Freddie Wooding

 Singer Capital Markets (Joint Broker)              T: 020 7496 3000

 Rick Thompson, James Fischer

 KTZ Communications                                T: 020 3178 6378
 Katie Tzouliadis, Robert Morton

 

About Cerillion

Cerillion has a 25-year track record in providing mission-critical software
for billing, charging and customer relationship management ("CRM"), mainly to
the telecommunications sector but also to other markets, including utilities
and financial services. The Company has c. 75 customer installations across c.
45 countries.

 

Headquartered in London, Cerillion also has operations in India and Bulgaria
as well as a sales presence in the USA, Singapore and Australia.

The business was originally part of Logica plc before its management buyout,
led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

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