REG - Cirata PLC - NatWest expands contract

Stifel FinancialAnnouncement

05/10/2023 10:15

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RNS Number : 8204O  Cirata PLC  05 October 2023

5 October 2023

 

Cirata plc

("Cirata" or the "Company")

NatWest expands contract

 

 

Cirata plc (LSE: CRTA), is pleased to announce that NatWest has expanded the
scope of its existing contract for Cirata's Data Migrator.

 

The new term is for a period of 3 years. The total consideration for the term
is approximately $320,000 with an initial requirement to move 2 Petabytes of
data.  The use case supports hybrid cloud and enables the continuous movement
of data from on premise to the cloud.

 

 

To learn more about Cirata visit www.cirata.com

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

 

This announcement contains information that qualifies or may qualify as inside
information. The person responsible for arranging the release of this
announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 

 

 

For further information, please contact:

 

 Cirata                                         Via FTI Consulting
 Stephen Kelly, Chief Financial Officer
 Ijoma Maluza, Chief Financial Officer
 Daniel Hayes, Investor Relations

 FTI Consulting                                 +44 (0)20 3727 1137
 Matt Dixon /Kwaku Aning / Usama Ali

 Stifel (Nomad and Joint Broker)                +44 (0)20 7710 7600
 Fred Walsh / Richard Short / Tom Marsh

 Liberum (Joint Broker)                         +44 (0)20 3100 2000
 Max Jones / Ben Cryer / Miquela Bezuidenhoudt

About Cirata

 

Cirata, formerly WANdisco, accelerates data-driven revenue growth by
automating data transfer and integration to modern cloud analytics and AI
platforms without downtime or disruption. With Cirata, data leaders can
leverage the power of AI and analytics across their entire enterprise data
estate to freely choose analytics technologies, avoid vendor, platform, or
cloud lock-in while making AI and analytics faster, cheaper, and more
flexible. Cirata's portfolio of products and technology solutions make
strategic adoption of modern data analytics efficient and automated. For more
information about Cirata, visit www.cirata.com (http://www.cirata.com)

 

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