Dillistone Group PLC GatedTalent signs 100th client contract (9781F)
February 27 2018 - 1:00AM
UK Regulatory
TIDMDSG
RNS Number : 9781F
Dillistone Group PLC
27 February 2018
Dillistone Group Plc
("Dillistone" or the "Company")
GatedTalent signs its 100(th) client contract
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
Dillistone Group Plc, the AIM quoted supplier of software for
the international recruitment industry, is pleased to announce that
its new GatedTalent business has reached a further landmark.
Launched at the World Executive Search Congress in October 2017,
the Company today revealed that in less than five months
GatedTalent has signed its 100th client contract. Contracts have
been signed with organisations headquartered in more than 20
countries. In addition, the Company reports that the global nature
of its clientele means that the platform has been licensed for use
in more than 40 countries.
The Company has previously stated that GatedTalent is the
fastest growing new product in its history. We are now pleased to
report that demand has accelerated in February, with close to two
new contracts being signed each working day in this month.
Subscription revenue for the product is now expected to be ahead
of initial expectations.
Commenting, Jason Starr, Chief Executive at Dillistone Group,
said:
"The take-up of GatedTalent by the search industry is a strong
endorsement. Like us, they see that GatedTalent is an opportunity
to transform how executives engage with recruiters.
"The international interest beyond the European borders is
equally encouraging, demonstrating the global nature of the
opportunity for GatedTalent.
"We have previously stated that we expect our clients -
executive recruiters - to send "significantly more than" two
million compliance messages through the platform. These messages
are sent to executives for GDPR compliance reasons but can also
double as an invitation for the executive to create a profile on
the GatedTalent platform - it is these profiles which will drive
long term revenue. A number of our clients have begun sending these
messages and a number of executives have created profiles as a
result of this. We expect these numbers to increase significantly
as the May deadline for GDPR compliance approaches."
Enquiries:
Dillistone Group
Plc
Mike Love Chairman 020 7749 6100
Jason Starr Chief Executive 020 7749 6100
Julie Pomeroy Finance Director 020 7749 6100
WH Ireland Limited (Nominated
adviser)
Head of Corporate
Chris Fielding Finance 020 7220 1650
Walbrook PR
Tom Cooper /
Paul Vann 020 7933 8780
0797 122 1972
tom.cooper@walbrookpr.com
Notes to Editors:
Dillistone Group Plc (www.dillistonegroup.com) is a leader in
the supply and support of software and services to the recruitment
industry. It has five brands operating through three divisions:
Dillistone Systems, which targets the executive search industry
(www.dillistone.com); Voyager Software, which targets other
recruitment markets (www.voyagersoftware.com); and GatedTalent, the
next generation executive recruitment platform
(www.GatedTalent.com).
Dillistone has made three acquisitions: Voyager Software in
September 2011, FCP Internet in July 2013 and ISV Software in
September 2014. The Group operates under the FileFinder, Infinity,
Evolve, ISV and GatedTalent brands.
Dillistone was admitted to AIM, a market operated by the London
Stock Exchange plc, in June 2006. The Group employs over 100 people
globally with offices in London (head office) Basingstoke and
Southampton, Frankfurt, New Jersey and Sydney.
This information is provided by RNS
The company news service from the London Stock Exchange
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