SpaceandPeople (SAL)

Sector:

Media

Index:

FTSE AIM All-Share

 14.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 30.00
  • 52 Week Low: 12.00
  • Currency: UK Pounds
  • Shares Issued: 19.52m
  • Volume: 0
  • Market Cap: £2.73m
  • RiskGrade: 102

SpaceandPeople extends deal with German shopping centre firm ECE

By Josh White

Date: Wednesday 27 Feb 2019

LONDON (ShareCast) - (Sharecast News) - SpaceandPeople has extended its agreement with GB Immobilien (ECE) for the provision of retail merchandising units (RMUs) in ECE-managed shopping centres in Germany, it announced on Wednesday.
The agreement had been extended for a further 24 months until 31 January, with the number of units included in the extension period larger than in the previous period at 76 RMUs, compared with 65 previously.

Additionally, the average rental amount payable to ECE was lower than in the previous agreement, which SpaceandPeople said better reflected the current retail market.

"This is our 10th year of working with ECE as a provider of RMUs in Germany," said SpaceandPeople group chief executive officer Matthew Bending.

"The agreement extension enables profitable trading without large minimum guarantees and we have removed all the RMUs that have not traded profitably in the past.

"ECE is working with us to bring more of its managed centres to us for RMU operations and estimates the number of units will increase from 76 to 91, with the balance of new units anticipated to start in April 2019 in time for Easter."

Bending also noted that Retail Profile had rebranded in Germany as PoPRetail.de, and had also started pilot projects with HBB group, DI group and JLL in Darmstadt for the provision of RMUs.

"If these pilots are successful we see the potential for another 10 to 15 RMUs being installed throughout the year."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SpaceandPeople Market Data

Currency UK Pounds
Share Price 14.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 30.00
52 Week Low 12.00
Volume 0
Shares Issued 19.52m
Market Cap £2.73m
RiskGrade 102

SpaceandPeople Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.06% above the market average50.06% above the market average50.06% above the market average50.06% above the market average50.06% above the market average
54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average
Price Trend
66.82% below the market average66.82% below the market average66.82% below the market average66.82% below the market average66.82% below the market average
60.61% below the sector average60.61% below the sector average60.61% below the sector average60.61% below the sector average60.61% below the sector average
Income
52.1% below the market average52.1% below the market average52.1% below the market average52.1% below the market average52.1% below the market average
21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average
Growth
54.86% below the market average54.86% below the market average54.86% below the market average54.86% below the market average54.86% below the market average
61.29% below the sector average61.29% below the sector average61.29% below the sector average61.29% below the sector average61.29% below the sector average

SpaceandPeople Dividends

  Latest Previous
  Final Final
Ex-Div 04-Apr-19 12-Apr-18
Paid 25-Apr-19 25-Apr-18
Amount 0.50p 1.50p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

SpaceandPeople Key Personnel

COO Nancy J Cullen
CEO Matthew Bending

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