REG - SpaceandPeople PLC - LandSec Contract Extension

SpaceandpeopleAnnouncement

06/04/2021 07:05

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.
 

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 or visit 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.
 
  END
 
 
AGRFLFLRSRILIIL