RCS - SpaceandPeople PLC - Signing of new retail agreement in Germany

SpaceandpeopleAnnouncement

28/09/2023 07:00

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RNS Number : 9011N  SpaceandPeople PLC  28 September 2023

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SpaceandPeople plc

("SpaceandPeople" or the "Group")

Signing of new retail agreement in Germany

SpaceandPeople plc (AIM:SAL) is pleased to announce that its German
subsidiary, POP Retail GmbH, has entered an agreement with CEMAGG Management
GmbH ("CEMAGG") for the provision of retail kiosks and other services in
CEMAGG managed shopping centres in Germany (the "Agreement"), starting with
immediate effect.

CEMAGG manages four shopping centres in Germany, namely Postgalerie Karlsruhe,
Schanenmarkt in Krefeld, Hofgarten in Solingen and Dreiländergalerie in Weil
am Rhein.

Nancy Cullen, CEO of SpaceandPeople, said:

"We are delighted to have signed this Agreement with CEMAGG. It helps to
further expand and consolidate our network of venues in Germany, it
complements our recent agreement with Multi Germany GmbH and builds on our
long-standing relationship with ECE, as well as demonstrating our focus on
expanding our network of clients and venues in Europe. I would like to thank
our management team in Germany for concluding this contract and we look
forward to working closely with CEMAGG over the coming years to expand and
develop commercialisation activity in their centres."

 

Contact details:

  SpaceandPeople Plc                    0845 241 8215
   Nancy Cullen, Gregor Dunlay
 Zeus (Nominated Adviser and Broker)    0203 829 5000
 David Foreman, Jamie Peel, Ed Beddows

 

 

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