ING Ingenta Plc

TIDMING

RNS Number : 3011E

Ingenta PLC

29 June 2023

29 June 2023

Ingenta plc

(the "Company")

AGM statement and contract wins

Ingenta plc (AIM: ING), a leading provider of software and services to the global publishing industry, is pleased to issue a trading update ahead of today's Annual General Meeting.

The Company is pleased to announce two key contract wins for its content distribution platform. These contracts have a total combined value of approximately GBP2 million over a five-year period with implementation revenue due to commence in the second half of 2023. The wins have secured a significant proportion of the Group's new sales targets for 2023.

Scott Winner, CEO of Ingenta, commented: "The deals announced today show further progress in the Group's drive to expand its business development activities and follow on from the previously reported media customer win for the Group's Commercial IP management product. The latest deals include another addition to our growing NGO client base and a prestigious, globally recognised US scientific publisher."

The Company's interim results are expected to be announced in September 2023 and the Board remains confident in the outlook for the year and that the Company will report results for the year ended 31 December 2023, comfortably in line with market expectations.

For further information please contact:

   Ingenta plc                                                       Tel: 01865 397 800 

Scott Winner / Jon Sheffield

   Cenkos Securities plc                                      Tel: 0207 397 8900 

Katy Birkin / Callum Davidson

Certain of the information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGMNKFBPFBKDOAB

(END) Dow Jones Newswires

June 29, 2023 02:00 ET (06:00 GMT)

Ingenta (LSE:ING)
Historical Stock Chart
From Dec 2024 to Jan 2025

Ingenta (LSE:ING)
Historical Stock Chart
From Jan 2024 to Jan 2025