29 Feb 2024 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
For immediate release
29 February 2024
Kin and Carta plc
Contract Update
Kin and Carta plc (the "Company" or "Kin + Carta"), the international digital transformation ("DX") consultancy, provides an update on a key client relationship.
As previously disclosed, one of the Company's key clients is a financial services company, with which it has had an ongoing contract worth up to $90 million over two years at signing. That contract ended on 28 February 2024 with the client ultimately spending in excess of the initial contract value.
Engagement with the client continues to be robust, and Kin + Carta continues to provide its services spanning many projects and deliverable timelines in line with the client's expectation on a rolling basis. Our fiscal year outlook remains unchanged.
Enquiries
Kin + Carta Kelly Manthey, CEO Chris Kutsor, CFO & COO | +44 (0)207 928 8844 |
Citigroup Global Markets Limited Robert Farrington / David Fudge / Avinash Patel | +44 (0)207 986 4000 |
Powerscourt Elly Williamson / Pete Lambie |
+44 (0)7841 658 163 |
Deutsche Numis Nick Westlake / Tejas Padalkar
Peel Hunt LLP John Welch / Paul Gillam |
+44 (0)20 7260 1000
+44 (0)20 7418 8900 |