RC365 Holding PLC Contract Win

RNS Number : 4098B

RC365 Holding PLC

31 January 2024

RC365 Holding Plc

("RC365" or the "Company")

Contract Win

RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, is pleased to announce that its has been awarded a two year contract with a new client in Japan worth c£0.6m (c£0.3m per annum) including a fixed fee of c£0.4m and c£0.2m in estimated commissions.

The contract has been signed with a leading Japanese conglomerate that operates regionally in the Consulting, Real Estate, Health and Beauty and FinTech industries. The contract will commence on 1 February 2024 and will be subject to renewal on 31 January 2026. RC365 will provide co-branded prepaid card services including, remittance and payment functions.

Chi Kit Law (Michael), Executive Director and Chief Executive Officer, said:

"We are delighted to have been awarded this contract with the Japanese company, highlighting the value and quality of RC365's service offering. Demand for our one-stop payment services enhancing businesses in the global market remains as strong as ever."

For further information please contact:

RC365 Holding plc

Chi Kit LAW, Chief Executive Officer

T: +852 2251 1621

E: ir@rc365plc.com

Guild Financial Advisory Limited - Financial Adviser

Ross Andrews

Evangeline Klaassen

T: +44 (0)7973 839767

E: ross.andrews@guildfin.co.uk

T: +44 (0)7972 841276

E: evangeline.klaassen@guild.co.uk

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