SpaceandPeople PLC Completion of Network Rail Contract

RNS Number : 2936G

SpaceandPeople PLC

01 October 2024

 

SpaceandPeople plc

("SpaceandPeople" or the "Company")

Completion of Network Rail Contract

 

Further to the RNS announcement of 22 July 2024 regarding the Network Rail ("NR") contract award, SpaceandPeople (AIM: SAL) confirms that the contract has now been completed.

As already disclosed, the contract is for 5 years until 30 September 2029, giving SpaceandPeople exclusive rights for exhibitions, events, promotions and sampling across NR's managed station estate.

Upon completion of the new contract, Nancy Cullen, CEO of SpaceandPeople said:

"We are absolutely delighted to have retained this prestigious contract and look forward to continuing to develop and grow our partnership with NR. 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."

Hamish Kiernan, Commercial Director at Network Rail Property, added:

"We're pleased to continue our work with SpaceandPeople, which has delivered some incredible exhibitions over the years. We're here to improve customer experience in our stations; exciting exhibitions and giveaways feed into that. Any revenue generated across our portfolio is invested back into the railway, meaning this partnership will deliver for passengers in more ways than one."

 

Contact details:

SpaceandPeople Plc                                                                               0845 241 8215

Nancy Cullen, Gregor Dunlay

Zeus (Nominated Adviser and Broker)                                                0203 829 5000

David Foreman, Ed Beddows

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