Cirata PLC NatWest expands contract (8204O)
October 05 2023 - 3:00AM
UK Regulatory
TIDMCRTA
RNS Number : 8204O
Cirata PLC
05 October 2023
5 October 2023
Cirata plc
("Cirata" or the "Company")
NatWest expands contract
Cirata plc (LSE: CRTA) , is pleased to announce that NatWest has
expanded the scope of its existing contract for Cirata's Data
Migrator.
The new term is for a period of 3 years. The total consideration
for the term is approximately $320,000 with an initial requirement
to move 2 Petabytes of data. The use case supports hybrid cloud and
enables the continuous movement of data from on premise to the
cloud.
To learn more about Cirata visit www.cirata.com
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the company's obligations under Article 17 of MAR.
This announcement contains information that qualifies or may
qualify as inside information. The person responsible for arranging
the release of this announcement on behalf of Cirata plc is Larry
Webster, Company Secretary.
For further information, please contact:
Cirata Via FTI Consulting
Stephen Kelly, Chief Financial Officer
Ijoma Maluza, Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting +44 (0)20 3727 1137
Matt Dixon /Kwaku Aning / Usama Ali
Stifel (Nomad and Joint Broker) +44 (0)20 7710 7600
Fred Walsh / Richard Short / Tom Marsh
Liberum (Joint Broker) +44 (0)20 3100 2000
Max Jones / Ben Cryer / Miquela Bezuidenhoudt
About Cirata
Cirata, formerly WANdisco, accelerates data-driven revenue
growth by automating data transfer and integration to modern cloud
analytics and AI platforms without downtime or disruption. With
Cirata, data leaders can leverage the power of AI and analytics
across their entire enterprise data estate to freely choose
analytics technologies, avoid vendor, platform, or cloud lock-in
while making AI and analytics faster, cheaper, and more flexible.
Cirata's portfolio of products and technology solutions make
strategic adoption of modern data analytics efficient and
automated. For more information about Cirata, visit
www.cirata.com
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