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