Nov 22 (Reuters) - Urbanise Com Ltd UBN.AX
* Signed formal commercial agreement with Prudential (LON:PRU) Investment Company Of Australia
* Contract value increased, now expected to be at least $21m - $26m over 10 years
* Contract will see Urbanise Residential Property Cloud underpinning Pica's management of more than 200,000 lots across 11,000 buildings
* "Expected that use of these additional modules will yield between $0.5m and $1m per annum in recurring revenue to Urbanise"
* Has granted Pica Group an option to subscribe for 5mln ordinary fully paid Urbanise shares at an issue price of a$0.47 per share Source text for Eikon: ID:nASX4445hn Further company coverage: UBN.AX