Business
Contract wins/renewals
Contract wins/renewals.
About this update from Intercede Group Plc
[{"type":"text","content":"\n \n \n \n 3 April 2023 \n \n \n \n \n INTERCEDE GROUP plc\n \n \n \n \n ('Intercede', the 'Company' or the 'Group')\n \n \n \n \n Contract wins/renewals\n \n \n Intercede, a cybersecurity software company specialising in digital identities, provides an update on further contract wins and renewals.\n \n As announced on 23 January 2023, the Group had several contract opportunities that could close before the end of the financial year ended 31 March 2023 (\"FY23\"). Intercede is pleased to confirm that a majority of these opportunities have been closed, and it has also renewed several support and maintenance contracts. The total value of these contract wins/renewals is in excess of $6.0m, which will be recognised from FY24 onwards.\n \n \n \n \n \n These contract wins/renewals include:\n \n \n \n \n \n - a large US Federal Government order totalling $3.4m for annual subscription renewal on a longstanding existing project for the period from 1 April 2023 to 31 March 2024;\n \n \n - a three-year renewal totalling $1.56m; and\n \n \n - two new customers.\n \n \n \n \n \n In line with normal practice, an FY23 trading update will be provided with further detail in the coming weeks.\n \n \n \n \n \n \n The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n \n ENQUIRIES\n \n \n \n \n \n \n \n \n Intercede Group plc\n \n \n \n \n \n \n Tel. + 44 (0)1455 558111\n \n \n \n \n \n \n \n Klaas van der Leest\n \n \n \n \n CEO\n \n \n \n \n \n \n Nitil Patel\n \n \n \n \n CFO\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n finnCap Ltd\n \n \n \n \n \n \n Tel. + 44 (0)20 7220 0500\n \n \n \n \n \n \n \n Simon Hicks/Fergus Sullivan\n \n \n \n \n Corporate Finance\n \n \n \n \n \n \n Tim Redfern/Charlotte Sutcliffe\n \n \n \n \n ECM\n \n \n \n \n \n \n \n \n \n \n \n \n About Intercede\n \n \n ...