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£1.25 million Hospitality Contract Win

30 Jan 2019 16:00

RNS Number : 5847O
Smartspace Software PLC
30 January 2019
 

 

 

30th January 2019

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

SmartSpace Software Plc

("SmartSpace" or the "Company" or the "Group")

 

£1.25 million Hospitality Contract Win

  

SmartSpace Software Plc, the leading provider of 'Integrated Space Management Software' for smart buildings, commercial spaces and hospitality, is delighted to announce that it has won a five-year contract with a market leading event management company. This new contract involves the deployment of SmartSpace's event management software platform to a world-class leader of experience days in the UK.

Contract Highlights:

 

· The contract is worth approximately £1.25 million inclusive of support and maintenance, licenced over a five-year period

· SmartSpace's platform will include management and deployment of: 

o Ticketing management;

o Event management

o Analytics

· This platform will be delivered in the Company's current financial year to 31 January 2019, with a period of configuration in the first half of calendar year 2019

· This new five-year contract will include the management and support of a number of iconic UK events.

 

 

Commenting on the announcement, Frank Beechinor, CEO of SmartSpace said: "I am very pleased to announce a further new contract win, this time in the experience sector. The client is well known for managing major events across the UK. Both businesses share a similar passion for innovation and customer service. Through SmartSpace's platform, we are confident that we will deliver a great VIP guest experience. We look forward to further building on our successful and long-term partnership with the client."

 

End

 

 

 

 

 

Enquiries

SmartSpace Software Plc

Frank Beechinor (CEO)

Bruce Morrison (CFO)

 

Lisa Baderoon (Head of Investor Relations)

lbaderoon@smartspaceplc.com

 

via Lisa Baderoon

- Head of Investor Relations

 

 

+44(0) 7721 413 496

 

N+1 Singer (NOMAD & Broker)

Shaun Dobson, Head of Corporate Finance

Lauren Kettle, Corporate Finance 

+44 (0)20 7496 3000

 

About SmartSpace Software Plc

 

SmartSpace Software plc is a SaaS-based technology business, designing and building smart software solutions. The Company's software solutions in workspace, retail and hospitality help transform employee and customer engagement with modules which include: desk management, meeting room management, wayfinding, car parking, visitor management, frictionless vending, ticketing, loyalty management and analytics.

 

For more information go to: www.smartspaceplc.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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