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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sysgroup Plc | LSE:SYS | London | Ordinary Share | GB00BYT18182 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 30.50 | 30.00 | 31.00 | 30.50 | 30.50 | 30.50 | 1,259 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Related Svcs, Nec | 21.65M | -7k | -0.0001 | -3,050.00 | 14.93M |
From Apr 2019 to Apr 2024
TIDMSYS
RNS Number : 9510R
SysGroup PLC
06 March 2019
SysGroup plc
("SysGroup" or the "Company" or the "Group")
GBP1.0 million five-year contract win
SysGroup 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 cGBP1.0 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.
Adam 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."
For further information please contact: SysGroup plc Tel: 0151 559 1777 Adam Binks, CEO Martin Audcent, CFO Shore Capital (Nomad and Broker) Tel: 020 7408 4090 Edward Mansfield Daniel Bush Anita Ghanekar Alma PR (Financial PR) Tel: 020 3405 0205 Josh Royston Hilary Buchanan Helena Bogle
About SysGroup
SysGroup 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.
The Group has offices in Liverpool, Coventry, London, Newport and Telford.
For more information, visit http://www.sysgroupplc.com
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 rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
March 06, 2019 02:01 ET (07:01 GMT)
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