Netcall PLC AGM Statement (1188U)
21 November 2019 - 6:00PM
UK Regulatory
TIDMNET
RNS Number : 1188U
Netcall PLC
21 November 2019
21 November 2019
NETCALL PLC
("Netcall", the "Company", or the "Group")
AGM Statement
Netcall plc (AIM: NET), a leading provider of Low-code and
customer engagement software, will be holding its Annual General
Meeting in London at 10:30am today. At the meeting Michael Jackson,
Chairman of the Company, will make the following statement:
"The Group has traded ahead of the same four-month period last
year and in line with management expectations. We have seen
increased order inflows for both Low-code and customer engagement
solutions, including new wins in the Insurance, Retail and Public
Sector markets.
"The Group's pipeline is healthy and continues to show growth,
driven predominately by cloud-based opportunities. The Board is
mindful of the current political and economic backdrop and notes
that this may have an effect on customer decision making and it
continues to monitor the timing of its larger enterprise and
product sale contracts.
"Group cash at 31 October 2019 was GBP6.6m, after the final
payment of GBP1.7m to the former shareholders of MatsSoft Limited
acquired in 2017, (30 June 2019: GBP7.8m) offsetting debt of
GBP6.6m (30 June 2019: GBP6.6m).
"Our high levels of recurring revenue provide a good forward
visibility, which combined with our solid balance sheet and product
strength give the Board confidence in the ongoing success of
Netcall."
For further enquiries, please contact:
Netcall plc Tel. +44 (0) 330
333 6100
Henrik Bang, CEO
Michael Jackson, Chairman
James Ormondroyd, Group Finance Director
finnCap Limited (Nominated Adviser and Broker) Tel. +44 (0) 20
7220 0500
Stuart Andrews / James Thompson, Corporate
Finance
Tim Redfern, Corporate Broking
Alma PR Tel. +44 (0) 20
3405 0205
Caroline Forde / Hilary Buchanan / Helena
Bogle
About Netcall plc
Netcall is a UK company quoted on the AIM market of the London
Stock Exchange. Netcall helps organisations transform their
customer engagement activities and enable digital transformation
faster and more efficiently, thereby improving customer experiences
and operational efficiencies. Netcall's software product portfolio
comprises Liberty, a customer engagement platform, incorporating
omnichannel contact centre and workforce optimisation, and MATS, a
market leading Low-code platform.
Netcall's customers span enterprise, healthcare and government
sectors. These include two-thirds of the NHS Acute Health Trusts,
major telecoms operators such as BT, and leading organisations
including Lloyds Banking Group, ITV and Nationwide Building
Society.
For further information, please go to www.netcall.com.
Prior to publication the information communicated in this
announcement was deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No 596/2014 ('MAR'). With the publication of this announcement,
this information is now considered to be in the public domain.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
AGMLLFERLALIFIA
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