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Crimson Tide Shares Increase After New Contract Wins

20th Sep 2018 09:59

LONDON (Alliance News) - Crimson Tide PLC shares rose on Thursday as the company two announced contract wins.

Shares in the company, which provides a workforce management software application called mpro5, were trading 25% higher at 3.20 pence each.

Crimson said it signed its first subscription agreements in the Middle East with two clients.

"Both companies will be completing maintenance, engineering, and health & safety workflows on mpro5 and the company is hopeful of more wins to come," Crimson said.

Furthermore, it announced a contract win with an unnamed USD20 billion US pharma company to provide a patient portal for an anti-cholesterol drug.


Related Shares:

Crimson Tide
FTSE 100 Latest
Value8,809.74
Change53.53