EU Supply PLC Contract Wins in Denmark
August 31 2018 - 1:00AM
RNS Non-Regulatory
TIDMEUSP
EU Supply PLC
31 August 2018
RNS Reach
31 August 2018
EU Supply plc
("EU Supply", the "Company" or the "Group")
Contract Wins in Denmark
EU Supply (LSE AIM: EUSP), the e-procurement software provider,
is pleased to announce two contract wins in Denmark. The clients
are Damgaard Rådgivende Ingeniører, an advisory firm, and
Fiskeristyrelsen, a government entity regulating the fishery. Both
contracts are for delivery of CTM(TM) as SaaS and related services
and the contracts are expected to generate revuenues of, in
aggregate, up to approximately GBP100k over 4 years including
integrations.
FURTHER ENQUIRIES
EU Supply PLC Tel: 020 7127 4545
Thomas Beergrehn, CEO
Fredrik Wallmark, CFO
Stockdale Securities Tel: 020 7601 6100
Tom Griffiths, Ed Thomas
A copy of this announcement is available at
www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a
Sweden-based e-commerce business, which has an established,
market-leading, multilingual e-procurement platform for e-sourcing,
e-tendering and contract management, tailored for the highly
regulated European public sector market.
Since 2006, the Group has invested heavily in employing
specialist programmers to add functionality, legal compliance as
required and security features to its Complete Tender
Management(TM) ("CTM(TM)") platform to ensure that the Group is
ideally placed to secure new contracts with EU Member States and
their Contracting Authorities. The platform is available in 16
different languages.
The Directors believe that the Group's CTM(TM) platform is one
of the easiest to use and most functionally advanced solutions
available in the market. The CTM(TM) platform is used by over 8,000
European public sector bodies in 9 EU/EEC Member States and has
National Procurement System status in four Member States (the UK,
Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November
2013. In August and September 2015, the Company raised a total of
GBP2.061m (before expenses) through a placing of new shares and the
issue of first and second tranches of Convertible Loan Notes to
institutional and other investors. On 25 May 2018, the Company
announced that it had raised a further GBP600k (before expenses)
through a placing and subscription of new shares.
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.
END
NRAFMGFRNGNGRZM
(END) Dow Jones Newswires
August 31, 2018 02:00 ET (06:00 GMT)
Eu Supply (LSE:EUSP)
Historical Stock Chart
From Apr 2024 to May 2024
Eu Supply (LSE:EUSP)
Historical Stock Chart
From May 2023 to May 2024