SpaceandPeople PLC LandSec Contract Extension (3941U)
06 April 2021 - 4:00PM
UK Regulatory
TIDMSAL
RNS Number : 3941U
SpaceandPeople PLC
06 April 2021
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 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.
SpaceandPeople plc
("SpaceandPeople" or the "Group")
Extension of Agreement with Landsec
SpaceandPeople plc (AIM:SAL) is delighted to announce that it
has extended its commercialisation agreement with Land Securities
Properties Limited ("Landsec") for the provision of experiential
activity and short-term retailing until 2026 (the "Agreement").
The Agreement covers Landsec's portfolio of 35 shopping centres,
retail parks and leisure destinations and with the exception of a
small number of venues, where we will work alongside Landsec on
brand experience bookings, SpaceandPeople will continue to be the
exclusive provider of the services.
Nancy Cullen, CEO of SpaceandPeople said: "I am delighted that
we have further extended our relationship with one of the UK's
leading retail owners and operators. This will enable us to
continue to develop and deliver innovative and engaging activity
into some of the country's most iconic and attractive retail
destinations."
Mark Warne, Commercial Partnerships Director at Landsec, said:
"We are delighted to have extended our contract with SpaceandPeople
across our retail, leisure and office portfolio. We look forward to
continuing to work with SpaceandPeople and their team."
For further information, please contact:
SpaceandPeople plc 0845 241 8215
Nancy Cullen / Gregor Dunlay
Zeus Capital Limited (Nominated Adviser and Broker) 020 3829 5000
David Foreman, Jamie Peel, Rishi Majithia
The person responsible for arranging the release of this
information is Gregor Dunlay, CFO of the Company.
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END
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