SpaceandPeople PLC on Tuesday announced a further extension to its commercialisation agreement with Network Rail Ltd.

Shares in the Glasgow-based retail, promotional and brand experience specialist were up 18% to 94.00 pence each in London on Tuesday afternoon.

SpaceandPeople said the extension is for the provision of exhibitions, events and distribution activity until September 30, 2024.

The agreement will continue to cover Network Rail’s portfolio of major London and regional railway stations, including London King’s Cross, London Waterloo, London Paddington, Birmingham New Street and Glasgow Central, as well as Victoria Place Shopping Centre in London.

Chief Executive Nancy Cullen said: ‘I am absolutely delighted that we have again extended our relationship with Network Rail for a further year. We look forward to continuing to work closely with the Network Rail team to deliver even more high quality brand events into their stations over the coming year.’

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