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Guild Esports PLC - London-based esports business - Signs a one-year UK sponsorship agreement with Subway IP LLC, effective from the start of 2024. Subway is a sandwich shop chain. The deal reappoints Subway as Guild’s ‘official quick-service restaurant partner’, following on from the two companies’ two-year global sponsorship agreement first signed in March 2021.
Chief Executive Jasmine Skee says: ‘Subway was among our first partners after our [listing] on the London Stock Exchange, and we’re delighted to be extending our relationship into 2024. Subway is an iconic brand with a global reach, and its decision to partner with us again is a resounding validation of Guild’s value proposition and long-term strategy, showing how we can communicate authentically with new audiences, particularly the difficult-to-reach Gen Z and Gen Alpha demographics.’
Current stock price: 0.72 pence, down 4.0% in London on Friday
12-month change: down 45%
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