REG - TPXimpact Holdings - Contract wins

Tpximpact HoldingsAnnouncement

28/04/2023 10:30

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RNS Number : 8849X  TPXimpact Holdings PLC  28 April 2023

 

 

28 April 2023

TPXimpact Holdings PLC

("TPX", "TPXimpact", or the "Company")

Contract wins

Two significant contract wins with critical central government departments

Two-year digital transformation contract with Department for Education worth
up to £27.4 million and four-year digital transformation contract with His
Majesty's Land Registry worth up to £49 million

 

TPXimpact Holdings PLC (AIM: TPX), a technology-enabled services company
focused on digital transformation, announces two significant contract wins
with two UK central government departments. Combined, the contracts will
deliver a cumulative value of up to £77 million over a four year period and
demonstrates TPXimpact's position as a leading provider of digital
transformation services to the public sector.

The first is a two-year contract with the Department for Education (DfE) worth
up to £27.4 million, commencing in May 2023. TPX has been appointed to lead a
consortium of  suppliers with specialist expertise across all of the Digital,
Data and Technology (DDaT) Profession Capability Framework job families, to
design, develop and iterate digital services for Teachers and related users.

 

The second contract win is with His Majesty's Land Registry (HMLR) and is
TPX's largest to date, worth up to £49 million over a four-year period,
commencing in May 2023. TPX has been appointed HMLR's Digital, Data, and
Technology (DDaT) Delivery Partner and will provide a range of digital and
technical transformation programmes to support HMLR's ambitions to deliver a
more efficient and effective service to its users.

 

This includes providing secure and efficient land registration, enabling
digital property buying and selling, providing near real-time property
information, offering accessible digital register data, and collaborating with
property market partners to conduct research and accelerate change. This
partnership builds on TPX's long-standing relationship with HMLR and proven
track record of success as both a user-centred design and product management
partner.

 

 

Bjorn Conway, Chief Executive Officer of TPXimpact Holdings PLC, commented:

 

"Our projects with the DfE and HMLR underscore the strength of our offering
across digital transformation services, which will prove essential in driving
the automation of critical government systems and services. Winning these
contracts following a competitive tender process highlights the quality of our
offering and consolidates our position as a leading provider of digital
transformation services to the public sector.

 

With the Group optimised for efficiency under one brand, these contracts also
represent the scale and value of the projects TPXimpact can deliver. As an
agile organisation with end-to-end digital transformation capabilities, we
continue to target larger and longer-term contracts across both the public and
private sectors. We are excited to embark on these partnerships and look
forward to the opportunities they unlock for further growth and innovation."

 

- Ends -

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of
the European Union (Withdrawal) Act 2018. The person responsible for this
announcement is Steve Winters, Group CFO.

 Enquiries:

 TPXimpact Holdings PLC           Via Alma PR

 Bjorn Conway, Group CEO

 Steve Winters, Group CFO

 Stifel Nicolaus Europe Limited   +44 (0) 207 710 7600

 (Nomad and Joint Broker)

 Alex Price

 Fred Walsh

 Ben Burnett
 Dowgate Capital Limited           +44 (0) 203 903 7715

 (Joint Broker)

 James Serjeant

 David Poutney

 Russell Cook
 Alma PR                          +44 (0) 203 405 0209

 (Financial PR)                   tpx@almapr.co.uk

 Josh Royston

 Kieran Breheny

 Matthew Young

 

About TPXimpact

TPXimpact exists to transform the organisations, services and systems that
underpin society and that drive business success. It applies strategic and
creative thinking, technology, innovative design and user-centred approaches
to bring about numerous improvements which together multiply the impact of
change.

The Company works closely with its clients in agile, multidisciplinary teams
that span organisational design, technology, and digital experiences. It
shares a deep understanding of people and behaviours and a philosophy of
putting people and communities at the heart of every transformation.

The business is being increasingly recognised as a leading alternative digital
transformation provider to the UK public services sector, with c.65% of its
client base representing the public sector and c.35% representing the
commercial sector.

More information is available at www.tpximpact.com.

 

 

 

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