Shares in the immersive entertainment group, Immotion Group PLC (AIM:IMMO), soared 51% higher following the company's announcement of a new three-year framework agreement with Merlin Entertainment Group Limited.
The deal, which will run through to December 31, 2025, covers 26 sites at which Immotion has already installed or agreed to install a VR attraction.
Immotion and Merlin's new framework agreement streamlines the trading relationship between the two parties and simplifies the process for agreeing on installations in further Merlin venues, investors were told.
At 11.10am, the stock was changing hands for 3.32p, up 1.12p.