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On 07 August 2025, Newmark Security plc announced that its subsidiary, Grosvenor Technology Limited, entered a new five-year supply agreement with Protime NV. Under this agreement, Grosvenor will supply Protime with GT Connect cloud services, time clock hardware, and OEM access control equipment, continuing a collaboration that has spanned 25 years.
| Date | 7 Aug 2025 |
| Time | 07:00:02 |
| Category | Corporate updates |
| ID | 2932U |
7 August 2025
Newmark Security plc
("Newmark", the "Company" or the "Group")
Five-Year Supply Agreement with Protime NV
Newmark Security plc (AIM: NWT), a leading provider of data management solutions and security systems, is pleased to announce that its subsidiary, Grosvenor Technology Limited, has entered a new five-year supply agreement with its long-standing partner, Protime NV, a market leader in time registration, access control and workforce planning, and part of SD Worx Group.
The agreement builds on an already successful collaboration over the last 25 years. Grosvenor will continue to supply Protime with its advanced GT Connect cloud services, market-leading time clock hardware and OEM access control equipment.
Importantly, the agreement supports both companies' strategic growth objectives, including the expansion into new territories and the delivery of enhanced workforce management solutions to enterprise customers. Grosvenor and Protime will also be collaborating on the development of new-generation devices which reflects a shared roadmap for innovation and growth.
Commenting on the new agreement, Marie-Claire Dwek, Chief Executive Officer of Newmark, said: "Signing this new, five-year agreement with a blue-chip partner like Protime underlines both the strength of our relationship and the capabilities of our GT Connect platform and integrated products, which set the standard for workforce management and data security. It is also a truly exciting development in terms of potential growth, as Protime's entry into new European territories will draw upon our solutions for their customers, creating new streams of recurring revenue. I look forward to updating our shareholders on the progress of the partnership."
ENDS
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Newmark Security plc Marie-Claire Dwek, Chief Executive Officer Paul Campbell-White, Chief Financial Officer
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Tel: +44 (0) 20 7355 0070 |
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Allenby Capital Limited (Nominated Adviser and Broker) James Reeve / Lauren Wright (Corporate Finance) Amrit Nahal / Tony Quirke (Sales & Corporate Broking) |
Tel: +44 (0) 20 3328 5656 |
About Newmark Security plc
Newmark is a leading provider of electronic, software and physical security systems that helps organisations protect human capital and provide safe spaces seamlessly and securely.
From our locations in the UK and US, we operate through subsidiary businesses positioned in specialist, high-growth markets.
We foster an open and inclusive work environment amongst our c.100 employees, serving hundreds of blue-chip customers.
Our product portfolio consists of Human Capital Management and Access Control Systems providing both hardware and software and Physical security installations to various sectors.
Newmark Security plc is admitted to trading on AIM (AIM: NWT).
For more information, please visit: www.newmarksecurity.com
Safe. Seamless. Secure