REG - Helical PLC - Helical agrees 20,000 sq ft letting at The Bower

HelicalAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260302:nRSB7720Ua&default-theme=true

RNS Number : 7720U  Helical PLC  02 March 2026

2 March 2026

 

HELICAL PLC

("Helical" or the "Company")

 

HELICAL AGREES C. 20,000 SQ FT LETTING AT THE BOWER WITH FAST-GROWING GLOBAL
AI PLATFORM

 

-Transaction reduces available space at the scheme - located in London's
leading ecosystem for technology companies - by a third-

 

Helical plc announces that it has exchanged contracts to lease 19,628 sq ft of
fitted space at The Bower, its award-winning mixed-use campus on Old Street in
London, EC1.

 

incident.io, the all-in-one AI platform for on-call, incident response, and
status pages - built for fast-moving teams like Netflix, Etsy, and Lovable -
is due to move to Levels 5 & 6 of The Tower in June this year.

 

The letting, which is in line with current ERVs, represents a third of the
available space at the campus and increases total occupancy at The Bower to
87%. With negotiations progressing on the remaining vacant space, as well as
with existing occupiers around a number of re-gears, further updates are
expected in the near future.

 

Benefitting from a unique combination of excellent transport connectivity,
access to talent and record venture capital funding levels and competitive
occupancy costs, Old Street has established itself as London's premier
technology and innovation district, home to more than 50 leading technology
occupiers.

 

Matthew Bonning-Snook, Chief Executive Officer of Helical, said: "incident.io
join our roster of leading technology occupiers at The Bower, where we have
seen a considerable uptick in interest for the remaining space, particularly
from the tech community deploying AI in their products. Such companies
recognise the attraction of well-connected campuses which allow clustering to
leverage agglomeration effects, future growth potential and a vibrant creative
culture."

 

JLL and Compton acted for Helical and Making Moves acted for incident.io

 

For further information, please contact:

 

 Helical plc
 Matthew Bonning-Snook (CEO)  Address:     22 Ganton Street, London, W1F 7FD

 James Moss (CFO)             Website:     www.helical.co.uk (http://www.helical.co.uk/)

                              Tel:               020 7629 0113

 FTI Consulting
 Dido Laurimore               Email:           Schelical@fticonsulting.com

                            (mailto:Schelical@fticonsulting.com)
 Richard Gotla

                            Tel:               020 3727 1000
 Andrew Davis

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEADAXASLKEFA



            Copyright 2019 Regulatory News Service, all rights reserved