From Adria Calatayud
Arena Events Group PLC announced on Monday that it has secured a contract with Championship Management, a division of the PGA Tour of golf, which will run until May 2023.
The London-listed event services company said the contract was awarded to its recently acquired U.S. subsidiary Arena Aztec Shaffer and covers the same range of events it previously served. Prices have been adjusted to reflect current market conditions, Arena Events said. Further terms of the contract were not disclosed.
Arena Events said the deal supports the reasons behind his investment in AAS.
Shares rose 1.7% 0703 GMT to 14.88 pence.
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