REG - Northcoders Group - B2B Consultancy Contract Renewals & Extensions

NorthcodersAnnouncement

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RNS Number : 8610F  Northcoders Group PLC  03 November 2025

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

3 November 2025

 

Northcoders Group plc

('Northcoders' or the 'Company')

 

B2B Consultancy Division Contract Renewals and Extensions

Multiple new corporate contract wins for Counter®

 

Northcoders (AIM: CODE), a UK market-leading technology training and
consultancy business, is pleased to announce that its challenger consultancy
brand, Counter®, has secured a series of substantial new assignments,
renewals and extensions with existing clients.

 

Counter® has secured new engagements with a total value of over £700,000.
This includes new projects within different divisions of existing long-term
clients, contributing more than £450,000 to the Group. In addition, renewals
and extensions across Counter's broader client base account for a further
£250,000 in contracted revenue. These agreements include continued work with
both corporate and government clients.

 

The agreements follow the Group's recently announced decision to focus
resource on accelerating the growth of Counter®, including investment in its
leadership team, which have been instrumental in driving high-quality outcomes
and deepening partnerships. They also demonstrate the growing demand for
Counter's differentiated consultancy model, which challenges traditional
hire-train-deploy and large-scale consulting frameworks.

 

Chris Hill, CEO of Northcoders, commented: "As we outlined in our results
announcement at the end of September, Counter's strategy is to be highly
selective in acquiring and expanding the right client relationships-those with
clear potential for extension, renewal and long-term value. These new and
extended assignments highlight the confidence our clients have in Counter®,
the excellence of our delivery, and the momentum that continues to build
behind our challenger consultancy model. The successful client case studies
and renewals such as these provide an increasingly powerful platform for our
next phase of growth.

 

"We are encouraged by Counter's growing contribution to the Group's revenues
and by the foundation this provides for sustainable, profitable growth."

 

- Ends -

 

 For further enquiries:

Northcoders Group plc                          Via Burson Buchanan
 Chris Hill, CEO                                Tel: +44 (0) 20 7466 5000
 Charlotte Prior, CFO                           investors.northcodersgroup.com (https://investors.northcodersgroup.com)

 Zeus (Nominated Adviser & Joint Broker)        Tel: +44 (0) 20 3829 5000
 Mike Coe / Darshan Patel (Investment Banking)

 Fraser Marshall (Sales)

 

Peterhouse Capital Limited (Joint Broker)   Tel: +44 (0) 20 7496 0930
 Martin Lampshire                            www.peterhousecap.com (http://www.peterhousecap.com/)
 Lucy Williams

Duncan Vasey

 Burson Buchanan (Financial Communications)  Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham                       northcoders@buchanan.uk.com (mailto:northcoders@buchanan.uk.com)
 Steph Whitmore                              www.bursonbuchanan.com (http://www.bursonbuchanan.com/)

 Jesse McNab

 

 Peterhouse Capital Limited (Joint Broker)   Tel: +44 (0) 20 7496 0930
 Martin Lampshire                            www.peterhousecap.com (http://www.peterhousecap.com/)
 Lucy Williams

Duncan Vasey

 Burson Buchanan (Financial Communications)  Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham                       northcoders@buchanan.uk.com (mailto:northcoders@buchanan.uk.com)
 Steph Whitmore                              www.bursonbuchanan.com (http://www.bursonbuchanan.com/)

 Jesse McNab

 

 

Notes to Editors

 

Northcoders is a market leading provider of technology training for businesses
and individuals with courses in, Software Engineering, Data Engineering and
Platform Engineering.  Founded in 2015, the Group's business model operates a
hybrid structure with a flagship site in Manchester and other sites in Leeds
and London, supported by a proven digital offering to support its students
across the UK.

 

Powered by IP rich technology, Northcoders offers boot camp courses to
individuals from a range of backgrounds, delivered through virtual and
physical learning.  The Group also works with blue chip corporates across
multiple sectors to help them to achieve their digital requirements, with
teams as a service and to supply innovative solutions for the upskilling and
reskilling of employees. With a keen focus of inclusivity, diversity and
quality at its core, Northcoders aims to address the digital skills gap in the
UK to meet the increasing demand for digital specialists at all levels, from
businesses and public agencies.

 

Northcoders was admitted to trading on AIM in July 2021 with the ticker
CODE.L.  For additional information please visit
investors.northcodersgroup.com (https://investors.northcodersgroup.com) .

 

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