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JSAIY J Sainsbury Plc (QX)

15.52
-0.12 (-0.77%)
09 Oct 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
J Sainsbury Plc (QX) USOTC:JSAIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.12 -0.77% 15.52 15.26 15.88 15.59 15.395 15.5575 8,336 21:00:54

Ingenta Says Sainsbury's Signs Three-Year Contract for Advertising Software

22/02/2018 9:25am

Dow Jones News


J Sainsbury (QX) (USOTC:JSAIY)
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By Maryam Cockar

 

Ingenta PLC (ING.LN) said Thursday that J Sainsbury PLC (SBRY.LN) has signed a three-year contract to use its advertising software.

AIM-listed Ingenta said its software, used by other global companies, will enable Sainsbury's to manage its digital advertising through an online portal.

The advertising software has processed more than 1 billion pounds ($1.4 billion) worth of advertising revenue since its inception, said Ingenta.

Ingenta also said it expects the contract to start in the first half of the year, but didn't disclose financial details about the agreement.

At 0839 GMT, shares in Ingenta were up 4 pence, or 3.2%, at 127.50 pence. Shares in Sainsbury's were dawn 0.50 pence, or 0.2%, at 254.80 pence.

 

Write to Maryam Cockar at maryam.cockar@dowjones.com

 

(END) Dow Jones Newswires

February 22, 2018 04:10 ET (09:10 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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