Trading Update

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

SpaceandPeople plc

("SpaceandPeople" or the "Group")

Trading Update

SpaceandPeople (AIM:SAL), the brand experience, retail and promotional specialist, is pleased to announce that the Group is continuing to trade in line with its recently upgraded market expectations for the year ending 31 December 2025 ("FY25")*. Furthermore, the Group forecasts continuing revenue growth during the year ending 31 December 2026 ("FY26"), with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to FY25. In addition, borrowing costs will decrease following the recent full repayment of the remaining term loan, resulting in expected profit before tax ("PBT") of £0.75 million for FY26 (FY25: £0.5 million*). This equates to PBT margin increasing to over 8.5% for FY26 (FY25: 6.0%).

 * FY25 market expectations are revenue of £8.3 million and PBT of £0.5 million.

Contact details:

SpaceandPeople Plc 0845 241 8215

Nancy Cullen, Gregor Dunlay

Zeus (Nominated Adviser and Broker) 0203 829 5000

David Foreman, Ed Beddows