Dillistone Group Plc announced a contract win with a well-known UK based contingency recruititer. The contract includes a significant amount of tailored development work which will determine the final value of the contract. The sum total of this development work and the ongoing licence revenue is expected by the Board to result in the contract being the largest won since the restructuring of the Group in January 2020.

It is expected that a significant part of the non-recurring revenues will be realised over the course of the current year with the implementation for the first group of users completing in Fourth Quarter 2023. As a result, recurring revenue is expected to be meaningfully impacted from 2024 onwards.