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REG - Netcall PLC - AGM Statement

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RNS Number : 1994X  Netcall PLC  19 December 2023

19 December 2023

 

NETCALL PLC

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

 

AGM Statement

Netcall plc (AIM:NET), a leading provider of intelligent automation and
customer engagement software, provides the following update ahead of the
Company's Annual General Meeting to be held at 10.30am today.

The Board is pleased to confirm that positive trading momentum has continued
in the first half of FY24, in line with management expectations. The Group
continues to see increasing demand for its Liberty Cloud solutions, including
strong uptake from new customers, driving double-digit growth in Annual
Contract Value ("ACV") and robust profitability.

The increased interest in cloud-based contact centre solutions has continued
from the prior year and the Group's previously announced accelerated
investment into this offering has commenced, with the first cloud contact
centre customers now successfully migrated and live within a single public
cloud environment.

The Group's strong pipeline and healthy balance sheet, together with an
innovative product road map, including investment in artificial intelligence
and intelligent automation to serve a growing market, underpin the Board's
confidence in the Group's continuing success.

Following the close of the meeting, several of the Board changes announced on
20 November 2023 will come into effect: Tamer Ozmen (Non-Executive Director)
will step down from the Board and Nigel Halkes (Non-Executive Director) and
Richard Hughes (CFO) will be co-opted to the Board. The changes to the Chair
and CEO roles announced on 20 November 2023 will take effect from 1 January
2024. In addition, as previously announced, Michael Neville will retire from
the Board on 29 February 2024.

 

For further enquiries, please contact:

 Netcall plc                                                  Tel. +44 (0) 330 333 6100
 Henrik Bang, CEO and Chair-designate
 James Ormondroyd, Group Finance Director and CEO-designate
 Richard Hughes, CFO

 Canaccord Genuity Limited (Nominated Adviser and Broker)     Tel. +44 (0) 20 7523 8000
 Simon Bridges / Andrew Potts

 Singer Capital Markets (Joint Broker)                        Tel. +44 (0) 20 7496 3000
 Harry Gooden / Asha Chotai

 Alma Strategic Communications                                Tel. +44 (0) 20 3405 0205
 Caroline Forde / Hilary Buchanan / Matthew Young

 

About Netcall

Netcall's Liberty software platform with Intelligent Automation and Customer
Engagement solutions helps organisations digitally transform their businesses
faster and more efficiently, empowering them to create a leaner, more
customer-centric organisation.

Netcall's customers span enterprise, healthcare and government sectors. These
include two-thirds of the NHS Acute Health Trusts and leading corporates
including Legal and General, Lloyds Banking Group, Aon and Santander.

For further information, please go to www.netcall.com.

 

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