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SpaceandPeople plc

(the ‘Group’ or ‘SpaceandPeople’)

Further Covid-19 and Business Update

SpaceandPeople (AIM:SAL), the retail, promotional and brand experience specialist which facilitates and manages the sale of promotional and retail merchandising space in shopping centres and other high footfall venues, announces the following business and Covid-19 update.

Following the update on 24 April 2020, the directors are delighted to announce that the £1 million CBIL scheme application has now completed and the funds have been received by the Group.

This funding will allow the Group to trade through the current period of venue closures and ensure that SpaceandPeople is in a position to proactively drive new business for its clients as soon as restrictions are eased.