22
April 2024
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.
MADE TECH GROUP
PLC
("Made
Tech" or "the Group")
Made Tech awarded £19.5m new
contract with DLUHC
Made Tech, a leading provider of
digital, data and technology services to the UK public sector, is
pleased to announce that it has been awarded a new contract with
The Department for Levelling Up, Housing & Communities
("DLUHC"), worth up to £19.5 million revenue to the Group over a 24
month period with a 12 month extension option.
Made Tech will work with DLUHC on the
design and development of new digital tools and services. The first
of these services to be delivered under this contract is expected
to be the Privately Rented Property Portal - a national private
rented sector database.
Made Tech won its first contract with
DLUHC in 2019 to deliver the Energy Performance Buildings Register
worth c.£0.8m. Following the award of the initial contract, Made
Tech has since been awarded further contracts including Digital
Planning Reform Delivery Partner in 2021 worth c.£3.8m, and Digital
Capability for Urgent DDaT requirements in 2023 worth
c.£8.0m.
Rory
MacDonald, CEO of Made Tech, said:
"Having supported DLUHC to deliver
more than 35 digital projects since 2019 we are excited for the
opportunity to continue building our partnership. The award
of this contract helps underpin our revenue expectations for FY25
and is a testament to the confidence in Made Tech to deliver major
new programmes of work."
Enquiries:
|
Made
Tech Group plc
Rory MacDonald, CEO
Neil Elton, CFO
|
via
Belvedere PR
|
|
Singer Capital Markets (Nominated Adviser &
Broker)
Jennifer Boorer / Harry Gooden / Asha
Chotai
|
Tel: +44
(0) 20 7496 3000
|
|
Belvedere PR (Financial PR)
Cat Valentine
Keeley Clarke
|
Email:
madetech@belvederepr.com
Tel: +44
(0) 7715 769078
Tel: +44
(0) 7967 816525
|
About
Made Tech
Made Tech is a provider of digital,
data and technology services, which enable central government,
healthcare, local government organisations and other regulated
industries to digitally transform.
Made Tech's purpose is to "positively
impact the future of society by improving public services
technology". To achieve this the company has four key strategic
missions: Modernise legacy
technology and working practices; Accelerate digital service and
technology delivery; Drive
better decisions through data and automation; and Enable technology and delivery skills
to build better systems.
The Group operates from four
locations across the UK - London, Manchester, Bristol, and
Swansea.
More information is available
at https://investors.madetech.com/