RNS Number : 9181Z

SpaceandPeople PLC

24 September 2020

SpaceandPeople plc

(the "Company" or "Group")

Extension of deadline for reporting interim results and business update

SpaceandPeople (AIM:SAL), the retail, promotional and brand experience specialist which facilitates the sale of space in high footfall venues, announces that, further to the guidance provided by AIM Regulation on 26 March 2020, the Company has been granted an extension of one month for the reporting of its interim results for the six months ended 30 June 2020 ("HY-20 results").

The Company expects to announce its HY-20 results by 16 October 2020 and will provide an update to the reporting timetable as and when appropriate.

Further to the Company's previous Covid-19 and business updates, the Group's two main geographical markets of the United Kingdom and Germany have seen improving trading conditions as the governments of each country have permitted the re-opening of shopping centres and other higher footfall venues. Bookings however remain substantially lower than historic norms, but broadly in line with current management expectations.

As previously reported, the Group received an additional GBP1.0 million lending through the UK government CBIL scheme which resulted in Group cash balances as at 30 June of GBP1.7 million with an additional GBP0.5 million of undrawn facilities.

 SpaceandPeople plc                           0845 241 8215 
 Nancy Cullen 
 Gregor Dunlay 
 Zeus Capital Limited (Nominated Adviser 
  and Broker)                                 0203 829 5000 
 David Foreman, Jamie Peel, Rishi Majithia 

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(END) Dow Jones Newswires

September 24, 2020 02:00 ET (06:00 GMT)