NatWest expands contract

Cirata PLC

05 October 2023

 

5 October 2023

Cirata plc

("Cirata" or the "Company")

NatWest expands contract

Cirata plc (LSE: CRTA), is pleased to announce that NatWest has expanded the scope of its existing contract for Cirata's Data Migrator.

The new term is for a period of 3 years. The total consideration for the term is approximately $320,000 with an initial requirement to move 2 Petabytes of data.  The use case supports hybrid cloud and enables the continuous movement of data from on premise to the cloud.

To learn more about Cirata visit www.cirata.com

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 Cirata plc is Larry Webster, Company Secretary.

For further information, please contact:

Cirata	Via FTI Consulting
Stephen Kelly, Chief Financial Officer
Ijoma Maluza, Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting	[phone]
Matt Dixon /Kwaku Aning / Usama Ali
Stifel (Nomad and Joint Broker)	[phone]
Fred Walsh / Richard Short / Tom Marsh
Liberum (Joint Broker)	[phone]
Max Jones / Ben Cryer / Miquela Bezuidenhoudt

About Cirata

Cirata, formerly WANdisco, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com

 

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