Dillistone Group PLC Contract & Notice of Results (6742U)
30 Marzo 2023 - 8:00AM
UK Regulatory
TIDMDSG
RNS Number : 6742U
Dillistone Group PLC
30 March 2023
Dillistone Group Plc
("Dillistone", the "Company" or the "Group")
Contract win and notice of results
Dillistone Group Plc, the AIM quoted supplier of software and
services for recruiters, is delighted to announce a potentially
significant contract win with a leading UK based recruitment
organisation and notice of its upcoming results announcement.
Contract Win:
The Group today announces a contract win with a well-known
leading UK based contingency recruiter. The contract includes a
significant amount of tailored development work which will
determine the final value of the contract. The sum total of this
development work and the ongoing licence revenue is expected by the
Board to result in the contract being the largest won since the
restructuring of the Group in January 2020.
It is expected that a significant part of the non-recurring
revenues will be realised over the course of the current year with
the implementation for the first group of users completing in Q4
2023. As a result, recurring revenue is expected to be meaningfully
impacted from 2024 onwards.
Notice of Results:
Dillistone expects to release final results for the 12 months to
31 December 2022 on Tuesday 25 April 2023. Jason Starr, Chief
Executive, and Ian Mackin, Finance Director, will hold an investor
presentation to cover the results and prospects at 3pm on Tuesday
25 April 2023.
Commenting on the contract award, Jason Starr, Chief Executive
of Dillistone, said:
"We are delighted to have been selected for this project
following a highly competitive evaluation of various products in
our market. While our Group has an existing relationship with this
firm, the contract sees the client standardise on our Infinity
product across all of its businesses, displacing competitors. The
client is also likely to take additional products from the Group
once live."
Investor presentation: 3pm on Tuesday 25 April 2023
The presentation will be hosted through the digital platform
Investor Meet Company. Investors can sign up to Investor Meet
Company and add to meet Dillistone Group Plc via the following link
https://www.investormeetcompany.com/dillistone-group-plc/register-investor
. For those investors who have already registered and added to meet
the Company, they will automatically be invited.
Questions can be submitted pre-event to
dillistone@walbrookpr.com or in real time during the presentation
via the "Ask a Question" function.
Contacts:
Dillistone Group Plc Via Walbrook PR
Jason Starr Chief Executive
Ian Mackin Finance Director
WH Ireland Limited (Nominated adviser)
Chris Fielding Deputy Head of Corporate Finance 020 7220 1650
Walbrook PR
Tom Cooper / Nick Rome 020 7933 8780
dillistone@walbrookpr.com
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
The person responsible for arranging the release of this
announcement on behalf of the Company is Ian Mackin, Finance
Director of the Company.
Notes to Editors:
Dillistone Group Plc is a leader in the supply and support of
software and services to the recruitment industry. Dillistone
operates through the Ikiru People ( www.IkiruPeople.com ) brand
.
The Group develops, markets and supports the Talentis,
FileFinder, Infinity, Mid-Office, ISV and GatedTalent products.
Dillistone was admitted to AIM, a market operated by the London
Stock Exchange plc, in June 2006.
Learn about our products:
Talentis Software: https://www.talentis.global/recruitment-software/
Voyager Software: https://www.voyagersoftware.com
GatedTalent Services: https://www.talentis.global/optimization-services/
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END
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March 30, 2023 02:00 ET (06:00 GMT)
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