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RNS Number : 9435C Made Tech Group PLC 28 February 2022
28 February 2022
MADE TECH GROUP PLC
("Made Tech" or "the Group")
Major new contract with NHS Digital
Made Tech Group plc, a leading provider of digital, data and technology
services to the UK public sector, is delighted to announce that a consortium
including Made Tech has been awarded a two-year contract worth up to £37.5m
with the Health and Social Care Information Centre ("NHS Digital").
The contract has been awarded through the NHS Digital Capability framework and
will be delivered jointly by Made Tech and its consortium partner Answer
Digital, with Made Tech expected to receive approximately half of the total
contract value. Delivery under the contract has already commenced.
The contract significantly enhances revenue visibility for Made Tech in FY23
and FY24. The award is in line with the Group's stated strategy outlined at
the time of IPO to increase Made Tech's presence in the Health & Social
Care market.
Rory MacDonald, CEO of Made Tech, commented:
"We are delighted to announce our first major contract within Health &
Social Care. Twelve months ago, we began building a team focused on Health,
and this contract is a testament to their hard work and focus. We are also
excited to be working with the NHS, one of the country's most cherished
institutions, in its quest to further improve its speed of service and reduce
waiting times. We look forward to delivering this contract and to growing our
services to this key Health and Social Care market."
Enquiries:
Made Tech c/o SEC Newgate
Rory MacDonald, CEO
Deborah Lovegrove, CFO
Singer Capital Markets (Nominated Adviser & Joint Broker) Tel: +44 20 7496 3000
Mark Taylor / Jen Boorer / Harry Gooden / Asha Chotai
Berenberg (Joint Broker) Tel: +44 20 3207 7800
Mark Whitmore / Ciaran Walsh / Alix Mecklenberg-Solodkoff
SEC Newgate (Financial PR) Tel: +44 20 3757 6880
Bob Huxford / Robin Tozer / Ian Silvera Email: madetech@secnewgate.co.uk
About Made Tech
Made Tech is a high-growth provider of digital, data and technology services
to the UK public sector. Founded in 2008 and with a headcount of over 300
across multiple UK locations, Made Tech provides services that enable central
government, healthcare and local government organisations to digitally
transform. More information is available at www.madetech.com
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