Cirata (CRTA)

Sector:

IT Services

65.50p
   
  • Change Today:
    -6.50p
  • 52 Week High: 1,310.00
  • 52 Week Low: 38.00
  • Currency: UK Pounds
  • Shares Issued: 114.96m
  • Volume: 264,340
  • Market Cap: £75.30m

WANdisco strengthens boardroom after winning largest big data contract

By Maryam Cockar

Date: Monday 10 Oct 2016

LONDON (ShareCast) - (ShareCast News) - As well as securing two sizeable contracts, big data software developer WANdisco's boardroom drama continued as it appointed a new non-executive director and reinstated its former chief finance officer, three days after he quit.
On Monday, the company appointed William Dollens, a partner of major shareholder Global Frontier Investments, as non-executive director with immediate effect.

Erik Miller, who amid the boardroom turmoil had decided to bail out in the first week after his appointment, has also been reinstated as CFO on an interim basis.

Miller's resignation came amid the departure of chairman Paul Walker and non-executive director Ian Duncan, who left the company in response to the return of chief executive David Richards after a revolt by many major shareholders.

WANdisco, which specialises in data storage and cloud computing, also announced it had won a $1.5m big data contract with a large Oracle reseller, the biggest ever contract for its Fusion product, as well as a $775,000 contract to provide its multi-site application lifecycle management software to a global European bank.

Richards said: "The big data contract win is testament to the progress our product is now having across the market.

"The end customer is one of Oracle's largest big data appliance customers and joins a growing list of companies using WANdisco Fusion with Oracle big data appliance for critical analytics applications that require continuous availability across multiple locations."

Shares in WANdisco were up 0.57% to 177.50p at 0829 BST.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Cirata Market Data

Currency UK Pounds
Share Price 65.50p
Change Today -6.50p
% Change -9.03 %
52 Week High 1,310.00
52 Week Low 38.00
Volume 264,340
Shares Issued 114.96m
Market Cap £75.30m

Cirata Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.21% below the market average34.21% below the market average34.21% below the market average34.21% below the market average34.21% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
65.97% below the market average65.97% below the market average65.97% below the market average65.97% below the market average65.97% below the market average
73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average
Income Not Available
Growth
55.71% below the market average55.71% below the market average55.71% below the market average55.71% below the market average55.71% below the market average
67.06% below the sector average67.06% below the sector average67.06% below the sector average67.06% below the sector average67.06% below the sector average

Cirata Dividends

No dividends found

Trades for 07-Jun-2024

Time Volume / Share Price
16:35 448 @ 65.50p
16:35 415 @ 65.50p
16:35 21 @ 65.50p
16:35 12 @ 65.50p
16:23 17 @ 65.60p

Cirata Key Personnel

CEO Stephen Kelly
CFO Ijoma Maluza

Top of Page