SpaceandPeople Regulatory News (SAL)

SpaceandPeople plc

(the "Company" or "Group")

Extension of deadline for reporting interim results and business update

SpaceandPeople (AIM:SAL), the retail, promotional and brand experience specialist which facilitates the sale of space in high footfall venues, announces that, further to the guidance provided by AIM Regulation on 26 March 2020, the Company has been granted an extension of one month for the reporting of its interim results for the six months ended 30 June 2020 ("HY-20 results").

The Company expects to announce its HY-20 results by 16 October 2020 and will provide an update to the reporting timetable as and when appropriate.

Further to the Company's previous Covid-19 and business updates, the Group's two main geographical markets of the United Kingdom and Germany have seen improving trading conditions as the governments of each country have permitted the re-opening of shopping centres and other higher footfall venues. Bookings however remain substantially lower than historic norms, but broadly in line with current management expectations.

As previously reported, the Group received an additional £1.0 million lending through the UK government CBIL scheme which resulted in Group cash balances as at 30 June of £1.7 million with an additional £0.5 million of undrawn facilities.