Did Gang of Youths just sign with Warner Brothers Records UK?

Imagine my surprise when I was browsing through Instagram posts that had tagged Gang of Youths, and came upon the above picture in a post from Warner Brothers Records UK. (The same post is on their Facebook Page, too.)
The photo was posted Wednesday morning (London-time) and shows all of Gang of Youths, their manager Kurt Bailey, and at least some of the band’s significant others and friends — along with, presumably, several folks from Warner Brothers Records UK. There are lots of smiles and it seems like everyone has a glass of champagne in their hands.
It’s captioned this way:
We’re all very excited to welcome @gangofyouths to the @warnerbrosmusic gang.
That’s it; no other details. But reading between the lines — the smiles and champagne and that caption — it seems pretty safe to assume that Gang of Youths has signed some kind of record deal with Warner Brothers Records UK.
Beyond that, your guess is as good as mine. I’m wondering if it’s a standard record deal, or perhaps just a distribution deal? What territory(ies) does it cover? How long does it last? etc. etc. Lots of questions, but no answers at this point — there’s been no announcement that I can find anywhere online. Hopefully one will be coming soon.
In any case, this sure looks like good news.
Gang of Youths isn’t listed on the Warner UK web site yet. But you’ll find the label’s other artists there — including the likes of Muse, Red Hot Chili Peppers, Biffy Clyro, Dua Lipa, Royal Blood and Michael Bublé.

(Photo: Warner Brothers Records UK)
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