REG - Microlise Group PLC - Notice of Cyber Security Incident

MicroliseAnnouncement

31/10/2024 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241031:nRSe4949Ka&default-theme=true

RNS Number : 4949K  Microlise Group PLC  31 October 2024

31 October 2024

 

Microlise Group plc

("Microlise", the "Company" or the "Group")

 

Notice of Cyber Security Incident

 

 

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport
technology solutions to fleet operators, reports that a large portion of the
Company's services have been affected by a cyber incident after detecting
unauthorised activity on the Microlise network. This has resulted in
disruption to services which are currently inactive.

 

The Board has appointed external cyber security specialists whose
investigations are underway to establish the nature and extent of the
incident. The Microlise team is working hard to quickly bring the affected
services back online.

 

The Company has notified the relevant regulators and law enforcement agencies,
including the Information Commissioner's Office in the UK. We are mindful of
our obligations regarding data; it is too soon yet to make any determination
around the impact this incident has had on personal data, but we will inform
any individuals in line with our regulatory obligations should there be a need
to do so.

 

The Company has relevant cyber insurance and is in discussions with its
insurance provider. The Company does not currently anticipate that this
incident will have a material adverse impact on its forecasts or financial
position.

 

The Company will inform the market if there are any notifiable changes to the
situation.

 

Microlise would like to thank customers for their patience and understanding
while it works to resolve this issue as quickly as possible.

 

For further information, please contact:

 

 Microlise Group plc                                                           C/O SEC Newgate

 Nadeem Raza, CEO

 Nick Wightman, CFO

 Singer Capital Markets (Nominated Adviser & Broker)                           Tel: 020 7496 3000

 Steve Pearce / James Moat / Sam Butcher

 SEC Newgate (Financial PR)                                                    Tel: 020 3757 6880

 Bob Huxford / Molly Gretton / Harry Handyside                                 Email: microlise@secnewgate.co.uk (mailto:microlise@secnewgate.co.uk)

 

 

About Microlise

Microlise Group Plc is a leading provider of transport management software to
fleet operators helping them to improve efficiency, safety, and reduce
emissions. These improvements are delivered through reduced fuel use, reduced
mileage travelled, improved driver performance, fewer accidents, elimination
of paperwork and delivery of an enhanced customer experience.

 

Established in 1982, Microlise is an award-winning business with over 400
enterprise clients. With 463 employees based at the Group's headquarters in
Nottingham in the UK, the Company also has offices in France, Australia, and
India, with a total global staff base of over 750.

 

Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS)
and qualifies for the London Stock Exchange's Green Economy Mark.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDQKDBNOBDDAKN