Re Contract - Replacement
04 June 2009 - 10:27PM
UK Regulatory
TIDMASG
RNS Number : 3843T
Avanti Screenmedia Group PLC
04 June 2009
4 June 2009
Avanti Screenmedia Group plc
("Avanti" or the "Company") (AIM: ASG.L)
Further Contract wins and amended contract with Spar
This announcement replaces RNS Number 3830T, which contained incorrect contact
details for the company. There are no other changes to the announcement.
Avanti is pleased to announce that it has secured two further shopping mall
ontracts.The Company
will provide digital marketing services for Redleaf Limi
ed Partnership's two malls at Ladysmith in North
London and Castlegate,
Ashton under
Lyme.This takes Avanti's portfolio to 41 shopping malls in
the UK, with a com
ined weekly footfall of 10.6 million and confirms Avanti's position as the larg
st
provider of out of home digital screenmedia within shopping malls in the UK.
Avanti is also pleased to announce that it has agreed a new addendum to its con
ract with Spar, the
convenience store retailer, to
reflect new and significantly less onerous terms for Avanti, and
with
an extension to contract until to May 31 2012. Under the new agreement
Avanti will also install a
further 300 new Spar sites, taking the total screened estate to 500 stores. Thi
creates one of
the largest digital screen networks in the retail sector.
+---------------------------------------------------------+---------------------------+
| Avanti Screenmedia Group plc | 020 7902 2345 |
| Jamie Ball, Managing Director | |
| Gary Truman, Finance Director | |
| | |
+---------------------------------------------------------+---------------------------+
| Charles Stanley Securities | 020 7149 6000 |
| Nominated Adviser | |
| Russell Cook/Freddy Crossley | |
| | |
+---------------------------------------------------------+---------------------------+
| Bishopsgate Communications Limited | 020 7562 3355 |
| Robyn Samuelson/Siobhra Murphy | |
+---------------------------------------------------------+---------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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