31 October 2024
Microlise Group
plc
("Microlise", the "Company" or the "Group")
Notice of Cyber Security
Incident
Microlise Group plc (AIM: SAAS), a
leading provider of SaaS based transport technology solutions to
fleet operators, reports that a large portion of the Company's
services have been affected by a cyber incident after detecting
unauthorised activity on the Microlise network. This has resulted
in disruption to services which are currently inactive.
The Board has appointed external
cyber security specialists whose investigations are underway to establish the
nature and extent of the incident. The Microlise team is working
hard to quickly bring the affected services back online.
The Company has notified the
relevant regulators and law enforcement agencies, including the
Information Commissioner's Office in the UK. We are mindful of our
obligations
regarding data; it is too soon yet to make any
determination
around the impact this incident has had on personal data, but we
will inform any individuals in line with our regulatory
obligations should
there be a need to do so.
The Company has relevant cyber
insurance and is in discussions with its insurance provider. The
Company does not currently anticipate that this incident will have
a material adverse impact on its forecasts or financial
position.
The Company will inform the market
if there are any notifiable changes to the
situation.
Microlise would like to thank
customers for their patience and understanding while it works to
resolve this issue as quickly as possible.
For
further information, please contact:
|
Microlise Group plc
Nadeem Raza, CEO
Nick Wightman,
CFO
|
C/O SEC Newgate
|
|
Singer Capital Markets (Nominated Adviser &
Broker)
Steve Pearce / James Moat / Sam
Butcher
|
Tel: 020 7496 3000
|
|
SEC
Newgate (Financial PR)
Bob Huxford / Molly Gretton / Harry
Handyside
|
Tel: 020 3757 6880
Email: microlise@secnewgate.co.uk
|
About Microlise
Microlise Group Plc is a leading
provider of transport management software to fleet operators
helping them to improve efficiency, safety, and reduce emissions.
These improvements are delivered through reduced fuel use, reduced
mileage travelled, improved driver performance, fewer accidents,
elimination of paperwork and delivery of an enhanced customer
experience.
Established in 1982, Microlise is an
award-winning business with over 400 enterprise clients. With 463
employees based at the Group's headquarters in Nottingham in the
UK, the Company also has offices in France, Australia, and India,
with a total global staff base of over 750.
Microlise is listed on the AIM market
of the London Stock Exchange (AIM: SAAS) and qualifies for the
London Stock Exchange's Green Economy Mark.