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160.00 0.00 (0.00%)

Bid:

155.00

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Spread: 10.00 (6.452%)

Market Cap: £3.08m

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SpaceandPeople finalises five-year deal with Network Rail

Tue, 01st Oct 2024 10:34

(Sharecast News) - Retail and brand experience specialist SpaceandPeople confirmed the completion of its contract with Network Rail on Tuesday, securing exclusive rights for exhibitions, events, promotions, and sampling across the railway asset operator's managed station estate.

The AIM-traded firm said the five-year contract, first announced in July, would run until 30 September 2029.

It said the agreement granted the company the exclusive ability to manage promotional activities in some of the UK's busiest transport hubs, reinforcing its position in the retail and experiential marketing sectors.

"We are absolutely delighted to have retained this prestigious contract and look forward to continuing to develop and grow our partnership with Network Rail," said chief executive officer Nancy Cullen.

"Our exclusive relationship enables us to offer some of the highest footfall and most sought after venues in the UK to brands and agencies seeking to engage with their target audience."

Reporting by Josh White for Sharecast.com.