(Sharecast News) - MediaZest announced on Monday that it recently secured a new business opportunity with an international retail client.

The AIM-traded company said the contract was built on a successful project undertaken in the UK in 2023 and was for another installation slated for early 2024.

Additional store installations in Europe were on the horizon later in the same year.

The firm said the projects would be executed by its European subsidiary based in the Netherlands.

It said the subsidiary had demonstrated strong performance in its inaugural year of trading and was continuing to acquire new business projects.

At 1338 GMT, shares in MediaZest were up 11.73% at 0.042p.

Reporting by Josh White for Sharecast.com.