REG - Microlise Group PLC - Update on Cyber Security Incident

MicroliseAnnouncement

06/11/2024 07:00

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RNS Number : 0787L  Microlise Group PLC  06 November 2024

6 November 2024

 

Microlise Group plc

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

 

Update on Cyber Security Incident

 

 

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport
technology solutions to fleet operators, reports an update on the cyber
security incident announced on 31 October 2024.

 

The Company is pleased to say that it is making substantial progress in
containing and clearing the threat from its network. The Company has been
bringing services back online and currently expects this to continue over the
coming days with the services essentially back to normal by the end of next
week.

 

Investigations into the incident are continuing, however, the Company is
confident that no customer systems data has been compromised. The
investigations to date have identified that some limited employee data has
been impacted by the incident. Those individuals that may have been impacted
will be notified in line with the Company's regulatory obligations and the
relevant authorities are being made aware including the Information
Commissioner's Office in the UK.

 

As matters currently stand, the Company remains of the view that this incident
will not 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.

 

Once again, Microlise would like to thank customers for their patience and
understanding while it continues to work 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.

 

 

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