Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCrimson Tide Regulatory News (TIDE)

Share Price Information for Crimson Tide (TIDE)

Share Price is delayed by 15 minutes
Get Live Data
92.50    5.00 (5.71%)
Bid:
90.00
Ask:
95.00
Spread: 5.00 (5.556%)
Market Cap: £6.08m
TIDE Live PriceLast checked at - London Stock Exchange

Intraday Crimson Tide Share Chart

New contract trials: Sim Trava and DW Baking

Today 07:00

RNS Number : 4760H
Crimson Tide PLC
09 June 2026
Β 

Β 

REACH: non-regulatory announcement*

9 June 2026

Crimson Tide plc

("Crimson Tide", the "Company" or the "Group")

New contract trials: Sim Trava LTD and DW Baking LTD

Crimson Tide plc (AIM: TIDE), the provider of the mpro5 operational compliance platform, is pleased to provide an update on two new commercial developments with Sim Trava LTD ("Sim Trava") and DW Baking LTD ("DW Baker"), further demonstrating the growing commercial momentum across the business.

Sim Trava LTD - Costa Coffee

Sim Trava, the operator of approximately 80 Costa Coffee stores in the UK, has commenced a one year trial of mpro5 across its estate, with the platform being integrated into its task management and compliance workflows. With an estate of this scale, operational consistency and compliance rigour are central to Sim Trava's operating model. The deployment of mpro5 will digitise ways of working and provide real-time visibility across all locations, enabling Sim Trava's teams to maintain standards and respond effectively across the business.

Sim Trava is already drawing on Crimson Tide's expertise and shared learnings from comparable multi-site operations to accelerate effective embedding of the platform. Both parties are committed to a collaborative approach in which knowledge and best practice flow in both directions as usage scales across Sim Trava's business.

DW Baking LTD

Crimson Tide has also secured a new contract with DW Baking, a food manufacturing business, to deploy mpro5 across quality inspection and daily task management workflows. The initial trial will cover five quality technicians at a single site, focused on quality inspections and daily tasks. Subject to successful delivery, there is a clear path to roll out mpro5 across all of DW Baking's facilities, encompassing quality, packing, food safety, incident capture and Hazard Analysis and Critical Control Point ("HACCP") processes.

DW Baking had previously used a competitor's platform, but had not been able to embed it effectively, largely due to a self-service implementation model. Crimson Tide's managed onboarding approach, whereby Crimson Tide takes ownership of getting customers live and delivering value, was a key differentiator in the sales process. The mpro5 task management capability and Crimson Tide's revised pricing model, designed to lower barriers to entry and enable customers to prove value early, were also cited as important factors.

Notably, this deal was closed in relatively short order, reflecting the strength of Crimson Tide's current product positioning and commercial execution. This trial, whilst small currently, is consistent with the Company's strategic objective for the current financial year: to complement its enterprise customer base by bringing on board smaller, high-fit customers, more quickly and in greater volume.

Commenting on the new customers, Jon Clarke, CEO of Crimson Tide plc, said:

"These two wins reflect the breadth of opportunity we are now pursuing and the progress we are making in translating our product and commercial improvements into new customer relationships. Sim Trava is a substantial multi-site operator where we can demonstrate the full value of mpro5 at scale, while DW Baking is a strong example of the type of customer we are now equipped to win efficiently and onboard effectively. Both deals give us further confidence in the direction of the business."

Enquiries:

Crimson Tide plc

+ 44 1892 542444

Chris Fielding, Non-Executive Chair

Jon Clarke, Chief Executive Officer

Rachael Rowe, Finance Director

Allenby Capital Limited

Nominated Adviser & Broker

+44 (0)20 3328 5656

Jeremy Porter / Ashur Joseph (Corporate Finance)

info@allenbycapital.com

Tony Quirke / David Johnson (Sales & Corporate Broking)

Β 

*About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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.
Β 
END
Β 
Β 
NRAFPMBTMTTMTIF
Date   Source Headline
9th Jun 20267:00 amRNS-RNew contract trials: Sim Trava and DW Baking
5th Jun 202612:26 pmRNSHolding(s) in Company
5th May 20267:00 amRNSYear End Trading Update
24th Apr 20267:00 amRNSAIM Director Disclosure Update
2nd Apr 20267:00 amRNS-RNew Contract Wins
9th Mar 202610:00 amRNSConcert Party Update
26th Feb 20267:00 amRNSNon-Executive Director Appointments
18th Feb 20267:00 amRNS-RRenewal of Contract
23rd Jan 20267:00 amRNSChange of Non-Executive Director
29th Dec 20259:21 amRNSHolding(s) in Company
24th Dec 20257:00 amRNSCustomer Contracts Update
4th Dec 20255:43 pmRNSHolding(s) in Company
27th Nov 20257:00 amRNSDirector/PDMR Shareholding - Grant of Options
19th Nov 20257:00 amRNSInterim Results
10th Nov 20253:14 pmRNSContract Renewal with Major Global Retailer
3rd Nov 20254:20 pmRNSHolding(s) in Company
31st Oct 20252:46 pmRNSResult of AGM
31st Oct 20259:28 amRNSHolding(s) in Company
31st Oct 20257:00 amRNSHolding(s) in Company
31st Oct 20257:00 amRNSAGM Statement
27th Oct 20254:45 pmRNSHolding(s) in Company
27th Oct 20254:43 pmRNSHolding(s) in Company
6th Oct 20257:00 amRNSAudited Full Year Results
29th Sep 20257:00 amRNSUpdate on Audited Results
22nd Jul 20257:00 amRNSAppointment of Chief Executive Officer
14th Jul 20252:40 pmRNSHolding(s) in Company
7th Jul 20257:00 amRNSContract Renewal with Major UK Wholesaler
4th Jul 20257:00 amRNSAppointment of Finance Director
12th Jun 202510:46 amRNSHolding(s) in Company
5th Jun 20257:00 amRNSAppointment of Chair, Nominated Adviser and Broker
30th May 20257:00 amRNSSecond Interim Results
29th May 20257:00 amRNSContract Renewal with Major British Supermarket
6th May 20257:00 amRNSChange of Accounting Reference Date
15th Apr 20253:58 pmRNSBoard Appointment
26th Mar 202511:00 amRNSBoard Changes
20th Mar 20252:29 pmRNSBoard Change
20th Mar 202512:36 pmRNSForm 8.5 (EPT/RI) - Amendment
20th Mar 202510:25 amRNSForm 8.5 (EPT/RI)
19th Mar 202511:50 amRNSResults of Court Meeting and General Meeting
18th Mar 20259:35 amRNSForm 8.5 (EPT/NON-RI)
17th Mar 20253:06 pmGNWForm 8.3 - Crimson Tide Plc
17th Mar 202512:00 pmRNSForm 8.5 (EPT/RI)
14th Mar 20253:05 pmGNWForm 8.3 - Crimson Tide Plc
14th Mar 202511:58 amRNSForm 8.5 (EPT/RI)
12th Mar 202512:05 pmRNSForm 8.5 (EPT/RI)
12th Mar 20259:23 amRNSForm 8.5 (EPT/NON-RI)
11th Mar 202510:32 amRNSForm 8.5 (EPT/RI)
11th Mar 20257:00 amRNSOffer Update
10th Mar 202512:01 pmRNSForm 8.5 (EPT/RI)
7th Mar 202512:23 pmRNSForm 8.3 - Crimson Tide plc

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.