TPXimpact Holdings PLC - London-based IT consulting firm - Wins two contracts with two central government departments. One is a two-year contract worth up to GBP27.4 million, starting in May. TPX will provide specialist expertise to develop and "iterate digital services for teachers and related users". The second contract win is with His Majesty's Land Registry, worth up to GBP49 million over a four-year period, also starting in May. Says it will provide a range of digital and technical transformation programmes to support HMLR's to deliver a more effective service to its users.
Chief Executive Officer Bjorn Conway says: "Our projects with the DfE and HMLR underscore the strength of our offering across digital transformation services, which will prove essential in driving the automation of critical government systems and services."
Current stock price: 50.55 pence each, up 58% on Friday morning in London
12-month change: down 75%
By Xindi Wei, Alliance News reporter
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Tpximpact Hldg (TPX)