TIDMHDT

RNS Number : 8603A

Holders Technology PLC

02 October 2020

Holders Technology plc

("Holders Technology" or the "Company")

Holders Technology Data Analytics

The Boards of Holders Technology and Senson BV (holding company of Sentistic BV) are pleased to announce the creation of a 50:50 joint venture between the two companies to be known as Holders Technology Data Analytics Ltd. ("HTDA").

This exciting new joint venture combines the technical sales resources of Holders Technology Lighting and Controls Divisions with the data analytics expertise of Sentistic BV (www.sentistic.com). HTDA will provide data visualisation and valuable insights based on data from buildings using the Casambi wireless lighting control system, as well as data from other third party sources. Clients will also be able to integrate data from the Holders Analytics solution into their existing building management systems.

Holders Technology is a Casambi Technical Sales Partner in the UK, Ireland, France, Germany, Austria, Czech Republic and Slovakia, but the Holders Analytics' solution will be available globally for any Casambi installation. For more information about the Holders Analytics' solutions, please visit https://www.holderscomponents.com/holders-smart-building .

Victoria Blaisdell, Group Managing Director of Holders Technology, said, "We are very happy to be announcing this joint venture with Sentistic and believe that our solution provides customers with an easy way to manage their lighting, energy and occupancy requirements in any building."

Justin Groot, Managing Director of Sentistic BV, commented, "The Casambi wireless infrastructure provides a secure and risk-free backbone to enable data collection in any building, for both lighting and non-lighting applications. We look forward to working with Holders Technology in this joint venture."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information, contact:

 
 Holders Technology plc 
  Rudi Weinreich, Executive Chairman 
  Victoria Blaisdell, Group Managing Director 
  Paul Geraghty, Group Finance Director 
  Website: www.holdersgroup.com                   01896 758781 
 SP Angel Corporate Finance LLP - Nomad 
  & Broker 
  Matthew Johnson / Caroline Rowe, Corporate 
  Finance 
  Abigail Wayne, Corporate Broking               020 3470 0470

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October 02, 2020 02:00 ET (06:00 GMT)

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