REG - Kin and Carta PLC - Contract Update

Kin and CartaAnnouncement

29/02/2024 07:15

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RNS Number : 8767E  Kin and Carta PLC  29 February 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

For immediate release

 

29 February 2024

 

Kin and Carta plc

 

Contract Update

Kin and Carta plc (the "Company" or "Kin + Carta"), the international digital
transformation ("DX") consultancy, provides an update on a key client
relationship.

As previously disclosed, one of the Company's key clients is a financial
services company, with which it has had an ongoing contract worth up to $90
million over two years at signing. That contract ended on 28 February 2024
with the client ultimately spending in excess of the initial contract value.

Engagement with the client continues to be robust, and Kin + Carta continues
to provide its services spanning many projects and deliverable timelines in
line with the client's expectation on a rolling basis. Our fiscal year outlook
remains unchanged.

 

Enquiries

 Kin + Carta                                        +44 (0)207 928 8844

 Kelly Manthey, CEO

 Chris Kutsor, CFO & COO
 Citigroup Global Markets Limited                   +44 (0)207 986 4000

 Robert Farrington / David Fudge / Avinash Patel
 Powerscourt

 Elly Williamson / Pete Lambie                      +44 (0)7841 658 163
 Deutsche Numis

 Nick Westlake / Tejas Padalkar                     +44 (0)20 7260 1000

 Peel Hunt LLP

 John Welch / Paul Gillam                           +44 (0)20 7418 8900

 

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