05:56 AM EDT, 10/12/2026 (MT Newswires) -- Tialis Essential IT (TIA.L) signed a five-year contract valued at 7.6 million pounds sterling with a utilities sector customer and expanded a previous deal with a public sector client. The London-listed IT managed services provider said Monday the new deal starts in October and will provide end-user support services to support the customer's operations. Meanwhile, Tialis' existing public sector contract, worth 1.2 million pounds in annual recurring revenue, was extended for 12 months from Oct. 1, with an option to renew for another six months.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.