(Sharecast News) - Audio-visual solutions group Mediazest has scored a "substantial new business win" with a "large" UK-based FTSE-listed client.

Mediazest said on Tuesday that it will provide digital signage solutions for multiple workspace locations for the unnamed client over the next two years.

The AIM-listed group also highlighted that the aggregate contract value was expected to be in the region of £200,000.

As of 1005 GMT, Mediazest shares had surged 16.67% to 0.07p.

Reporting by Iain Gilbert at Sharecast.com