REG - Made Tech Group PLC - Made Tech awarded £19.5m new contract with DLUHC

Made TechAnnouncement

22/04/2024 07:00

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RNS Number : 3815L  Made Tech Group PLC  22 April 2024

22 April 2024

 

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.

 

MADE TECH GROUP PLC

("Made Tech" or "the Group")

 

Made Tech awarded £19.5m new contract with DLUHC

 

Made Tech, a leading provider of digital, data and technology services to the
UK public sector, is pleased to announce that it has been awarded a new
contract with The Department for Levelling Up, Housing & Communities
("DLUHC"), worth up to £19.5 million revenue to the Group over a 24 month
period with a 12 month extension option.

 

Made Tech will work with DLUHC on the design and development of new digital
tools and services. The first of these services to be delivered under this
contract is expected to be the Privately Rented Property Portal - a national
private rented sector database.

 

Made Tech won its first contract with DLUHC in 2019 to deliver the Energy
Performance Buildings Register worth c.£0.8m. Following the award of the
initial contract, Made Tech has since been awarded further contracts including
Digital Planning Reform Delivery Partner in 2021 worth c.£3.8m, and Digital
Capability for Urgent DDaT requirements in 2023 worth c.£8.0m.
 
 
 

 

Rory MacDonald, CEO of Made Tech, said:

 

"Having supported DLUHC to deliver more than 35 digital projects since 2019 we
are excited for the opportunity to continue building our partnership.  The
award of this contract helps underpin our revenue expectations for FY25 and is
a testament to the confidence in Made Tech to deliver major new programmes of
work."

 

Enquiries:

 

 Made Tech Group plc                                      via Belvedere PR

 Rory MacDonald, CEO

 Neil Elton, CFO
 Singer Capital Markets (Nominated Adviser & Broker)      Tel: +44 (0) 20 7496 3000

 Jennifer Boorer / Harry Gooden / Asha Chotai
 Belvedere PR (Financial PR)                              Email: madetech@belvederepr.com

 Cat Valentine                                            Tel: +44 (0) 7715 769078

 Keeley Clarke                                            Tel: +44 (0) 7967 816525

 

About Made Tech

 

Made Tech is a provider of digital, data and technology services, which enable
central government, healthcare, local government organisations and other
regulated industries to digitally transform.

 

Made Tech's purpose is to "positively impact the future of society by
improving public services technology". To achieve this the company has four
key strategic missions: Modernise legacy technology and working practices;
Accelerate digital service and technology delivery; Drive better decisions
through data and automation; and Enable technology and delivery skills to
build better systems.

 

The Group operates from four locations across the UK - London, Manchester,
Bristol, and Swansea.

 

More information is available at (https://investors.madetech.com/)
https://investors.madetech.com/ (https://investors.madetech.com/)

 

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