TIDMARE

RNS Number : 7229F

Arena Events Group PLC

20 July 2021

20 July 2021

ARENA EVENTS GROUP PLC

("Arena" or the "Company")

Contract Win

Arena Events Group plc (AIM: ARE), the integrated event solutions business, announces that, it has been awarded a multi-million pound contract to deliver one of the venue clusters at the XXII Commonwealth Games, to be held in Birmingham in 2022. At a high level, this contract award includes the planning, design, schedule management, building control services, supply, installation, maintenance and removal of a range of structures, seating and associated infrastructure.

Arena will work closely with key partners to deliver this project including ES Global, an award-winning specialist in demountable overlay and infrastructure solutions.

Given the timing of the event, the majority of the revenues associated with this contract are expected to be recognised by Arena in the financial year ending 31 March 2023.

Enquiries:

 
 Arena Events Group plc               Via Alma PR 
  Greg Lawless (CEO)                   +44(0)207 397 8900 
  Steve Trowbridge (CFO) 
  Cenkos Securities (Nomad and 
  Broker) 
 Derrick Lee/Max Gould (Corporate 
  Finance) 
  Julian Morse (Sales) 
 
 Alma PR (Financial PR)              +44(0)7780 901979 
 Josh Royston

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(END) Dow Jones Newswires

July 20, 2021 02:00 ET (06:00 GMT)

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