RCS - Ingenta PLC - New business wins

IngentaAnnouncement

19/07/2024 10:45

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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

 

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