Share Name Share Symbol Market Type Share ISIN Share Description
Elektron Technology Plc LSE:EKT London Ordinary Share GB00B0C5RG72 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 53.50 53.00 54.00 0.00 0.00 0.00 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 33.7 4.6 2.1 25.5 100

Checkit PLC Contract Win

31/10/2019 9:57am

UK Regulatory (RNS & others)

Elektron Technology (LSE:EKT)
Historical Stock Chart

3 Months : From Oct 2019 to Jan 2020

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RNS Number : 7838R

Checkit PLC

31 October 2019

Checkit plc

("Checkit" or the "Company")

Contract Win

Checkit plc announces it has entered into an agreement to provide Real Time Operations Management capability to BP International Limited at over 320 company owned locations in the UK for an initial period of three years. Further discussions are ongoing with regard to rolling out the platform across the UK dealer-owned estate and across a number of countries outside the UK including the Netherlands. The application initially is for temperature monitoring and production planning purposes.

Checkit ensures the right people do the right thing, in the right place, at the right time. In many cases it is able to eliminate human intervention altogether through the use of sensor technology.

It helps frontline staff adhere to agreed processes by automating, guiding and enforcing their activities. For supervisors Checkit automatically allocates and schedules work, making exceptions and issues easy to handle. For managers and leaders it provides continual insights across the business to gain real-time control of operations - in many cases for the first time.

Checkit technical and implementation teams have the expertise to install, operate and manage integrated solutions for its customers. Its operations and compliance consulting practice covers all levels of operational management.

Checkit helps businesses and organisations in many sectors including the following examples:

Ø Service businesses (including food safety, leisure and hospitality, facilities management, health & safety)

Ø Healthcare and life sciences (regulatory environments through Tutela Monitoring)

Ø Operators of smart buildings and building energy management systems (BEMS) (through Next and Axon building-performance brands)

Ø Industries with mobile workforces, ready for digital transformation, such as transportation

Keith Daley, Executive Chair of Checkit said:

"At Checkit, we have one goal: To help our clients achieve operational excellence. We provide our customers with the technology and support they need to manage their businesses in a way that ensures consistency, productivity and compliance. That gives them a sustainable competitive advantage. We have been working with BP for some time and are delighted that our capabilities have been recognised by one of the world's biggest energy companies. It is encouraging that Checkit has added such a well-known global enterprise to its portfolio. We believe this both validates the Checkit technology and also helps underpin its future growth."

For further information:

                                                      +44 (0) 1223 371 
 Checkit plc                                           000 
 Keith Daley (Executive Chairman) 
 Andrew Weatherstone (Chief Financial Officer 
  and Company Secretary) 
                                                      +44 (0) 7710 164 
 Yellowstone Advisory (Investor Relations)             120 
 Alex Schlich 
                                                      +44 (0) 20 7496 
 N+1 Singer (Nominated Adviser & Broker)               3000 
 Shaun Dobson / George Tzimas (Corporate Finance) 
 Rachel Hayes (Corporate Broking) 

Note to Editors:

Checkit's real-time operations management software makes organisations smart, safe and efficient. Our products use Internet of Things ("IoT"), mobile and cloud technologies to ensure our customers get the best out of their mobile teams, processes and buildings. Checkit users operate in many sectors including Retail, Hospitality, Healthcare, Real Estate Management and Manufacturing. Checkit is headquartered in Cambridge, UK with its Operations Centre in Fleet, UK and a Sales and Service office in California, USA.

This 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 Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit



(END) Dow Jones Newswires

October 31, 2019 05:57 ET (09:57 GMT)

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