REG - Microlise Group PLC - Update on Cyber Security Incident

MicroliseAnnouncement

18/11/2024 07:00

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RNS Number : 5844M  Microlise Group PLC  18 November 2024

18 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 a final update on the cyber
security incident announced on 31 October 2024.

 

The Company can now confirm that the vast majority of customer systems are
back online, with some remaining customers conducting their own security
verifications before enabling users. The Company would like to reiterate no
customer systems data was compromised.

 

The Company is continuing to assess the impact of the incident. However, the
Board still does not anticipate any material adverse impact to its trading
forecasts and financial position for FY24.

 

The Company has notified international authorities regarding the exfiltration
of corporate data from its HQ and continues to work with law enforcement
regarding the incident.

 

Once again, Microlise would like to thank customers for their patience and
understanding over this challenging period.

 

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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