27th Aug 2026 07:00
REACH: non-regulatory announcement*
27 August 2026
Crimson Tide plc
("Crimson Tide", the "Company" or the "Group")
Contract Extensions with Public Sector Customers
Crimson Tide plc (AIM: TIDE), the provider of the mpro5 operational compliance platform, is pleased to announce that it has agreed 12-month extensions to two existing public sector contracts, representing combined annual recurring revenue ("ARR") of £211k.
Both customers use mpro5 to digitalise routine inspection, servicing and compliance activity across large, geographically dispersed estates, replacing paper-based records with real-time data capture and giving central teams consistent visibility of standards across all locations.
Commenting on the extensions, Jon Clarke, CEO of Crimson Tide plc, said:
"We are pleased that both of these customers have chosen to extend their contracts. Public sector organisations face the same operational challenge as our largest commercial customers - maintaining consistent standards across a large and varied estate - and this is where mpro5 excels."
Enquiries:
Crimson Tide plc | +44 1892 542444 |
Chris Fielding, Non-Executive Chair | |
Jon Clarke, Chief Executive Officer | |
Rachael Rowe, Chief Financial Officer | |
Allenby Capital Limited - Nominated Adviser & Broker | +44 (0)20 3328 5656 |
Jeremy Porter / Ashur Joseph (Corporate Finance) | |
Tony Quirke / David Johnson (Sales & Corporate Broking) |
*About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
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