Dev Clever warns on performance as deal with technology manufacturer delays UK rollout plans

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Dev Clever warned on performance as it delayed plans to roll-out its platforms across the UK following a deal with a technology manufacturer.

The company entered into commercial negotiations to partner with a leading worldwide technology manufacturer, to enable its career guidance products, Launchyourcareer.com and VICTAR VR, to be mass adopted as part of their roll-out strategy for their VR education technology hardware.

But as a consequence of this strategy, the company said it had to push back its UK roll-out plans for these platforms, which had resulted in financial performance for the second half of last year falling short of initial short-term expectations.

At 9:11am: (LON:DEV) share price was -0.2p at 3.6p