10 July 2023
WANdisco plc
("WANdisco" or the "Company")
Contract Renewal
Tesco Renews Software Support and Maintenance Contract with WANdisco
Two-year contract renewal to 2025
WANdisco (LSE: WAND), the data activation platform, is pleased to confirm the renewal, by Tesco Stores Ltd, of its software support and maintenance contract with WANdisco.
The renewal runs for a two-year period and is valued at $200,000, covering support and maintenance associated with its usage of WANdisco's Live Data Plane product. The Company expects to recognize revenue from this renewal from Q3 2023.
The Company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning WANdisco for long-term growth and success.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.
This announcement contains information that qualifies or may qualify as inside information. The person responsible for arranging the release of this announcement on behalf of WANdisco plc is Larry Webster, Company Secretary.
For further information, please contact:
|
FTI Consulting |
+44 (0)20 3727 1137 |
| Matt Dixon / Kwaku Aning / Tom Blundell / Rob Mindell | |
|
Stifel (Nomad and Joint Broker) |
+44 (0)20 7710 7600 |
| Fred Walsh / Richard Short / Tom Marsh | |
|
Liberum (Joint Broker)
Max Jones / Ben Cryer / Miquela Bezuidenhoudt |
+44 (0)20 3100 2000 |
About WANdisco
WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit www.wandisco.com
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