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ING Ingenta Plc

151.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ingenta Plc LSE:ING London Ordinary Share GB00B3BDTG73 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 151.50 148.00 155.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 10.45M 1.46M 0.1004 15.09 22.02M

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

22/02/2018 9:25am

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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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