Panoply secures two separate contracts in partnership with Mastek

Technology-enabled services group Panoply has recently won two separate contracts in partnership with Mastek worth more than £7.0m.

Panoply said on Thursday that the contracts, which run for two years and were awarded by the NHS Business Services Authority, consist of a £6.0m framework agreement to provide capabilities to support the organisation's digital transformation agenda and a £1.2m contract to be its overseas digital health delivery partner.

Group chief executive Neal Gandhi said: "These contract wins represent a step-change in our reach into healthcare, a key growth sector for the Group. We look forward to working with Mastek to support the NHS BSA with its ongoing digital transformation agenda."

Elsewhere, the AIM-listed group added that Difrent will be integrated into its Foundry4 subsidiary from 1 April, at which time Difrent chief executive Rachel Murphy will take over as CEO of Foundry4.

As of 0945 GMT, Panoply shares were up 7.27% at 177.0p.