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SpaceandPeople Buoyed By UK Contract Extension, New Contract Win

18th Jun 2015 09:54

LONDON (Alliance News) - SpaceandPeople PLC Thursday said it has won a contract renewal with M&G Real estate and a new contract with with Hermes Real Estate, owner of "the centre:mk", both in the UK.

M&G Real Estate owns and operates 11 shopping centres in the UK and is one of SpaceandPeople's longest established clients. The contract renewal is for a three year term with SpaceandPeople providing promotional activity, mobile retail activity and its new Mobile Promotion Kiosk opportunities on an exclusive basis across M&G's wholly-owned portfolio.

The Hermes deal is an exclusive one-year agreement with thecentre:mk in Milton Keynes to provide Brand Experience sales management.

SpaceandPeople didn't provide any financial details about the contracts.

Its shares were up 5.1% at 62.00 pence Thursday morning.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.


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