TIALIS ESSENTIAL IT PLC

Regulatory Filings • Jan 21, 2025

National Storage Mechanism | Additional information

RNS Number : 0207U

Tialis Essential IT PLC

21 January 2025

Tialis Essential IT Plc

("Tialis" or the "Company")

21 January 2025

Contract Wins and Extensions  

Tialis, the mid-market IT Managed Services provider, is pleased to announce it has received confirmation of preferred partner and contract extensions totalling approximately £17.8m, marking an excellent start to FY25. Encouragingly a sizeable proportion of the customer wins are 5-year contracts, with multi-million-pound contracts for our lifecycle division.

The Company will provide further contract updates during year-end reporting, which is expected in April 2025.

CEO, Ian Smith commented:

"Whilst market conditions remain highly competitive and economic uncertainty persists; the Company has improved future visibility and greater confidence as we look ahead."

For more information, contact:

Tialis Essential IT Plc Ian Smith, Executive Director	Tel: +44 (0)344 874 1000
Cavendish Capital Markets Ltd Nominated Adviser and Broker Corporate Finance: Jonny Franklin-Adams/ Elysia Bough Corporate Broking: Tim Redfern	Tel: +44 (0)20 7220 0500

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