CIRATA PLC — M&A Activity 2023

Jul 10, 2023

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RNS Number : 4178F

WANdisco Plc

10 July 2023

10 July 2023

WANdisco plc 

("WANdisco" or the "Company")

Contract Renewal

Tesco Renews Software Support and Maintenance Contract with WANdisco

Two-year contract renewal to 2025

WANdisco (LSE: WAND), the data activation platform, is pleased to confirm the renewal, by Tesco Stores Ltd, of its software support and maintenance contract with WANdisco.

The renewal runs for a two-year period and is valued at $200,000, covering support and maintenance associated with its usage of WANdisco's Live Data Plane product. The Company expects to recognize revenue from this renewal from Q3 2023.

The Company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning WANdisco for long-term growth and success.

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 WANdisco plc is Larry Webster, Company Secretary.

For further information, please contact:

FTI Consulting	+44 (0)20 3727 1137
Matt Dixon / Kwaku Aning / Tom Blundell / Rob Mindell
Stifel (Nomad and Joint Broker)	+44 (0)20 7710 7600
Fred Walsh / Richard Short / Tom Marsh
Liberum (Joint Broker) Max Jones / Ben Cryer / Miquela Bezuidenhoudt	+44 (0)20 3100 2000

About WANdisco

WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit  www.wandisco.com

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