Mediazest PLC (AIM:MDZ) shares gained more than 13% in Monday’s early deals after it announced a new business win with what it described as “an international retail client”.
It follows a successful initial project with this client in the UK in 2023, the AIM-quoted creative audio-visual systems company said in a statement.
A further installation has been contracted for early 2024, with more stores expected in Europe later in the year, it added.
It is expected that the latter projects will be delivered by the company’s European subsidiary, based in the Netherlands which MediaZest said has “performed well during its first year of trading”.
In London, MediaZest shares rose some 13.6% changing hands at 0.43p each.