26th Jun 2015 15:12
LONDON (Alliance News) - SpaceandPeople PLC Friday said it has been selected by Network Rail as the preferred bidder for their Concourse Exhibitions, Events and Distributions contract.
Once finalised, the contract between the two companies will last for an initial five years, starting from the beginning of October. The potential value of the contract to the retail and media services company is expected to be "significant", it said.
SpaceandPeople shares were up 16% to 72.73 pence per share on Friday afternoon following the news.
By Joshua Warner; [email protected]; @JoshAlliance
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