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SpaceandPeople – “LandSec Contract Extension”, to recover quickly?

Manager of promotional and retail merchandising space SpaceandPeople (SAL) “is delighted to announce that it has extended its commercialisation agreement with Land Securities Properties Limited for the provision of experiential activity and short-term retailing until 2026”. With the shares, at 10p, capitalising the company at £1.95 million, what’s the financial import?...


SpaceandPeople – “optimistic… will recover quickly”, so why further share price decline?...

Previously writing on manager of promotional and retail merchandising space SpaceandPeople (SAL), in December I questioned prestigious property wins significant opportunity… or ramptastic?. Today a “Trading update” including “given the level of enquiries and proposals the group is currently seeing, the board is optimistic that SpaceandPeople will recover quickly, both in terms of the group's pre-existing portfolio of venues and the new venues added to the portfolio”. So why are the shares currently, at 9p, a further 10% lower?...

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