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IN BRIEF: Aeorema shares surge on major contract at Cannes Lions

ALN

Aeorema Communications PLC - London-based live events agency - Says it is now planning scope of work for project with marketing company Stagwell regarding the Cannes Lions International Festival of Creativity 2023. Final terms are being agreed with Stagwell. ‘Aeorema’s brand experience agency, Cheerful Twentyfirst, will work alongside Stagwell to create a unique and impressive brand activation at Cannes Lions 2023, with the creation of ’Sport Beach’, an experience and powerful marketing platform for brands to tap into the cultural zeitgeist of sport and explore the power of fandom,’ Aeorema says.

Chief Executive Steve Quah says: ‘Cheerful Twentyfirst’s presence at Cannes Lions 2023 is looking extremely positive, and with several additional contracts are under discussion, 2023 has a promising outlook for us to have our biggest presence ever. The year has started very well for Aeorema and we are very optimistic for the months ahead.’

Current stock price: 93.45 pence, up 31% on Thursday

12-month change: up 19%

By Sophie Rose, Alliance News reporter

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