Business
Contract win
Contract win.
About this update from Sysgroup Plc
[{"type":"text","content":"\n \nRNS Number : 9510R SysGroup PLC 06 March 2019 \n\nSysGroup plc\n(\"SysGroup\" or the \"Company\" or the \"Group\")\n \n£1.0 million five-year contract win \nSysGroup PLC (SYS.L), the award-winning managed IT services and cloud hosting provider, is pleased to announce that, via its recently acquired Certus IT division, it has signed a five-year managed services contract with a well-established financial services institution. The client provides a range of services including income protection insurance to UK residents. The contract value is c£1.0 million over the contract term and will commence in April 2019. The contract reflects the Board's strategy of focusing on recurring managed services which provide the Company with higher quality earnings through long term relationships.\nAdam Binks, Chief Executive Officer of SysGroup, commented: \"This is really positive news so soon since the acquisition, validating the capability and reach of Certus and further underpinning the rationale behind the decision to acquire Certus. The contract draws upon a broad portfolio of the services the Group provides, demonstrating our ability to deliver complex managed IT service solutions.\"\n \n\n\n\n\nFor further information please contact: \n\nSysGroup plc \nAdam Binks, CEO\nMartin Audcent, CFO\n \n\n\n \n \nTel: 0151 559 1777 \n \n\n\n\n\nShore Capital (Nomad and Broker)\nEdward Mansfield\nDaniel Bush\nAnita Ghanekar\n \n\n\nTel: 020 7408 4090 \n\n\n\n\nAlma PR (Financial PR)\nJosh Royston\nHilary Buchanan\nHelena Bogle\n \n\n\nTel: 020 3405 0205\n\n\n\n\nAbout SysGroup\nSysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.\nThe Group has offices in Liverpool, Coventry, London, Newport and Telford.\nFor more information, visit http://www.sysgroupplc.com\n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary...