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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Micro Focus International Plc | LSE:MCRO | London | Ordinary Share | GB00BJ1F4N75 | 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% | 532.00 | 531.60 | 531.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
By Adria Calatayud
Micro Focus International PLC said Wednesday that it has signed a commercial agreement with Amazon.com Inc.'s cloud arm, Amazon Web Services.
Under the agreement, AWS and Micro Focus will work together to deploy Micro Focus's technology for customers moving applications and workloads to a cloud-based production environment, the U.K. software group said.
Micro Focus said it has issued warrants to Amazon NV Investment Holdings LLC to subscribe for up to 15.9 million shares in Micro Focus at 446.60 pence each as part of the agreement. The vesting of the warrants depends on the level of software revenue generated by AWS for Micro Focus under the agreement and full vesting requires the deal to deliver a material benefit to both companies' revenues, the U.K. company said.
Micro Focus shares closed at 438.60 pence on Tuesday.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
March 03, 2021 02:40 ET (07:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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