Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSysgroup Regulatory News (SYS)

Share Price Information for Sysgroup (SYS)

Share Price is delayed by 15 minutes
Get Live Data
18.00    0.00 (0.00%)
Bid:
17.00
Ask:
19.00
Spread: 2.00 (11.765%)
Market Cap: £15.07m
SYS Live PriceLast checked at - London Stock Exchange

Intraday Sysgroup Share Chart

Contract Win

5 Mar 2018 07:00

RNS Number : 6088G
SysGroup PLC
05 March 2018
 

SysGroup plc

("SysGroup" or the "Company" or the "Group")

Contract win

 

SysGroup PLC (SYS.L), the managed IT services and cloud hosting provider, today announces that it has signed a three year managed hosting services contract with T.J. Morris Limited, which trades as Home Bargains, and is one of the UK's largest high street discount retailers ("Home Bargains"). The contract value is more than £950,000 over the term of the contract and will commence in March 2018. This contract reflects the Board's strategy of focusing on managed services which provide the Company with higher quality earnings through long term relationships.

The contract comes after a competitive and in-depth process to demonstrate to Home Bargains the Group's capabilities in secure, managed infrastructure hosting and support. At a time when the adoption of General Date Protection Regulation ("GDPR") is just around the corner, many UK enterprises are keen to ensure that their data is not only hosted in safe hands, but their environments are also protected from the vulnerabilities of the public internet.

Adam Binks, Chief Operating Officer of SysGroup, commented: "This is a significant win for SysGroup both in terms of the size of contract and external validation of the Group's capabilities by another household name. We look forward to securing future business in the retail sector."

Frank Christiansen, IT director at T.J. Morris Limited added: "We selected SysGroup as our new managed services provider due to its strength, understanding and ability to implement security measures that conform to the requirements of GDPR, as well as its extensive, flexible and consultative-led approach to IT solutions."

 

For further information please contact:

SysGroup plc

Michael Edelson, Executive ChairmanAdam Binks, COOJulian Llewellyn, CFO

 

 

 

Tel: 0151 559 1777

 

Shore Capital (Nomad and Broker)

Edward Mansfield / Anita Ghanekar

 

Tel: 020 7408 4090

Alma PR (Financial PR)

Josh Royston / Hilary Buchanan / Helena Bogle

 

Tel: 020 8004 4218

About SysGroup

SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, Coventry, London and Telford.

For more information, visit http://www.sysgroup.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTLFFIIVLIFIIT
Date   Source Headline
20th Dec 20189:48 amRNSHolding(s) in Company
20th Dec 20189:47 amRNSHolding(s) in Company
27th Nov 20187:00 amRNSGrant of Options
26th Nov 20182:40 pmRNSDirector's Share Purchase
26th Nov 20187:00 amRNSHalf-year Report
1st Nov 20187:00 amRNSNotice of Results
21st Sep 201811:17 amRNSResult of AGM
11th Sep 201811:32 amRNSHolding(s) in Company
24th Jul 20181:30 pmRNSReplacement: Notice of AGM and Board Change
24th Jul 20187:00 amRNSNotice of AGM
16th Jul 20187:00 amRNSLTIP Grant
2nd Jul 201812:43 pmRNSReplacement Implementation of LTIP & initial grant
29th Jun 20187:00 amRNSImplementation of LTIP and initial grant
27th Jun 20187:01 amRNSAppointment of a Director and Board transition
27th Jun 20187:00 amRNSFinal Results
6th Jun 20187:00 amRNSNotice of Results
21st May 20189:14 amRNSHolding(s) in Company
21st May 20189:10 amRNSHolding(s) in Company
23rd Apr 20187:00 amRNSTrading Update and Notice of Results
3rd Apr 20187:00 amRNSBoard Changes and launch of new investor website
5th Mar 20187:00 amRNSContract Win
26th Jan 20182:19 pmRNSDirector's Share Purchase
8th Jan 20187:00 amRNSAppointment of Non-Executive Director to the Board
6th Dec 20177:00 amRNSHalf-year Report
7th Nov 20171:58 pmRNSHolding(s) in Company
7th Nov 20177:00 amRNSBoard Changes
6th Nov 20177:00 amRNSTrading Update
3rd Nov 20172:36 pmRNSHolding(s) in Company
2nd Nov 20177:00 amRNSNotice of Results
1st Nov 20177:00 amRNSAcquisition of Rockford IT
31st Oct 20177:00 amRNSAppointment of COO to the Board
23rd Oct 20177:00 amRNSDirectorate Change
20th Sep 201712:44 pmRNSHolding(s) in Company
25th Aug 20172:37 pmRNSResult of AGM
24th Aug 20177:00 amRNSDirector/PDMR Shareholding
23rd Aug 20172:27 pmRNSHolding(s) in Company
22nd Aug 20173:51 pmRNSDirector and PDMR share purchases
24th Jul 20177:00 amRNSDirector's share purchase
12th Jul 201710:30 amRNSAvailability of Annual Accounts & Notice of AGM
7th Jun 20177:00 amRNSFinal Results
2nd May 20174:08 pmRNSFurther Trading Update
6th Apr 20172:00 pmRNSGrant of Options and Director/PDMR Disclosure
6th Apr 20177:00 amRNSTrading Update, Board Appointment
16th Mar 20175:00 pmRNSHolding(s) in Company
7th Mar 20178:05 amRNSCorrection: Payment of Deferred Consideration
7th Mar 20177:00 amRNSDeferred Consideration and Issue of Equity re Q4Ex
20th Feb 20173:00 pmRNSHolding(s) in Company
14th Feb 20177:00 amRNSDeferred Consideration and Issue of Equity re Q4Ex
23rd Jan 20177:00 amRNSAppointment of Chief Financial Officer
21st Dec 20163:09 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.