13th Aug 2020 14:03
(Alliance News) - Panoply Holdings PLC on Thursday announced it has secured two digital transformation contracts from the UK Land Registry.
The London-based technology-enabled services group said it was awarded a GBP3.2 million contract through FutureGov and another GBP1.6 million contract through Notbinary.
Both contracts are expected to be two years long.
Panoply Chief Executive Neal Gandhi said: "This is our second contract win worth more than GBP4 million so far this financial year, and it is in addition to the GBP13 million in new contract wins announced in the trading update issued on July 21. The win gives us further confidence in our forecasts for the current financial year."
Panoply shares were up 17% at 140.80 pence each on Thursday afternoon in London.
By Greg Roxburgh; [email protected]
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