Australia's Damstra gains on 3-year agreement with New Hope

Damstra Holdings

22/09/2023 03:15

** Shares of Damstra Holdings  DTC.AX  up 15% at A$0.115,
set for best day since Aug 21, if gains hold 
    ** The software co says it signed a three-year agreement,
with two one-year options with New Hope Corporation  NHC.AX  
    ** Co says, under agreement, New Hope will implement co's
new Enterprise Protection Platform
    ** Adds agreement has an estimated contract value of A$1.2
mln ($0.7697 mln)
    ** Stock down ~23% YTD, as of last close

    ($1 = 1.5591 Australian dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))