Contract Update
EMEIA ControliQ customer reverses prior termination and renews contract at full original footprint.
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ActiveOps plc (AIM: AOM), a global leader in AI-driven Decision Intelligence for banking, insurance, BPOs and healthcare organisations is pleased to confirm that the partial termination by an EMEIA ControliQ customer, as announced in the Group's FY25 H1 Results in November 2024, has now been fully reversed, following several temporary extensions of the contract.
The customer has signed a contract renewal, covering the full original footprint, including reinstatement of users who had been switched off in January 2025.
Discussions are ongoing regarding significant expansion in multiple divisions of the customer, and the Company is confident that its products have proven their vital contribution to the customer's success.
The Board is pleased to confirm continued positive trading, as the Group successfully executes on its Land & Expand strategy.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.