Mediazest shares climb on contract wins

(ShareCast News) - Media and audio visual installer group Mediazest said it has won contracts worth a combined £500,000 with a number of new clients.In a statement issued on Tuesday, the London-listed company revealed since its last update in April, it has secured deals with technology giant Samsung, scotch whisky maker Chivas Regal and Virgin Active.Over the last quarter, Mediazest continued to work in partnership with Ted Baker to the launch of the clothing retailer's new store concept, Ted Baker & Moore at Commercial Street in East London.The group added that following the contract it won for the Hyundai Rockar dealership at Bluewater shopping centre, it has secured further business with the South Korean car maker and it expects to finalise the deals within the remainder of 2015.Meanwhile, Mediazest revealed it is now working with sports apparel giant Adidas on a permanent basis, after collaborating with the German company for a small number of short-term promotional campaigns around the 2012 Olympics.As a result, the group is now working on two projects at high profile sites in the UK and one in Germany, with a further development in UK and one in Belgium to follow this month.Mediazest shares were up 2.37% to 0.215p at 1026 BST on Tuesday.