Business
New Contract Wins
New Contract Wins.
About this update from Spaceandpeople Plc
[{"type":"text","content":"\n \nRNS Number : 0837W SpaceandPeople PLC 20 December 2013 \n \n\nSpaceandPeople plc\n(\"SpaceandPeople\" or the \"Company\")\nNew Contract Wins\nSpaceandPeople Plc (AIM: SAL) is pleased to announce contract wins in Germany and the UK. Its German subsidiary, SpaceandPeople GmbH, has been awarded a 5 year exclusive commercialisation contract with Corio GmbH (\"Corio\") in Germany.\nCorio operates 5 shopping centres in important cities such as Berlin and Duisburg which complements SpaceandPeople's current national profile of locations across Germany, both geographically and demographically.\nThe agreement is the first time all SpaceandPeople offerings have been incorporated under one all-encompassing contract including promotional space and mobile kiosk management and fixed kiosk sales, providing a much higher blended commission rate than historical deals.\nMatthew Bending, Group CEO of SpaceandPeople said \"It has been a good year for the German team with the signing of MEC earlier in the year and now Corio. This provides a wider portfolio for brands and means we have increased revenue diversity, which strategically is beneficial. The blended and amalgamated contract is a first for us and we hope to use it as a template in future contract negotiations.\"\nSpaceandPeople has also been awarded an exclusive 5 year agreement with The Garden Centre Group Holdings Ltd in the UK. The agreement, which extends across its 142 centre portfolio, covers brands such as Wyvale, Blooms and Country Gardens and constitutes the biggest portfolio of garden centres in the UK.\nMatthew Bending continues \"Increasingly brands want to access the buying power of an older demographic with high disposable income and ample leisure time. The visitor profile of these centres will enable this and its significance is important in keeping experiential media in venues as a key channel for brands. This demographic profile is difficult to access using traditional media as these consumers tend to be less media savvy and are resistant to modern media messages. This contract will provide an ideal platform for brands and their key consumers to meet.\"\n\n- Ends -\nFor further information, contact:\n\n\n\n\nSpaceandPeople plc\n\n\n0845 241 8215\n\n\n\n\nMatthew Bending\nGregor Dunlay\n\n\n \n\n\n\n\nCantor Fitzgerald Europe\n\n\n020 7894 7000\n\n\n\n\nDavid ...