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Plus500 extends sponsorship agreement with Atlético de Madrid
17th Dec 2020 08:42
(Sharecast News) - Trading technology platform Plus500 has extended its sponsorship agreement with Club Atlético de Madrid for the 2021/2022 season.
Having been the official main sponsor of Atlético de Madrid since June 2015, Plus500 will continue to have its logo featured on the official jersey of the first team, as well as other sponsorship and branding rights.
The FTSE 250-listed firm said it had "benefitted significantly" from its sponsorship of sports teams to date, increasing brand recognition globally, growing brand awareness in important markets and expanding its customer base in new and existing territories.
Chief executive Miguel Ángel said: "We are really keen with our Plus500 main sponsorship extension to through the 2021/22 [season].
"After five seasons together, we have built a true partnership that has proven its strength over the last hard months."
As of 0850 GMT, Plus500 shares were up 1.70% at 1,434.0p.
Having been the official main sponsor of Atlético de Madrid since June 2015, Plus500 will continue to have its logo featured on the official jersey of the first team, as well as other sponsorship and branding rights.
The FTSE 250-listed firm said it had "benefitted significantly" from its sponsorship of sports teams to date, increasing brand recognition globally, growing brand awareness in important markets and expanding its customer base in new and existing territories.
Chief executive Miguel Ángel said: "We are really keen with our Plus500 main sponsorship extension to through the 2021/22 [season].
"After five seasons together, we have built a true partnership that has proven its strength over the last hard months."
As of 0850 GMT, Plus500 shares were up 1.70% at 1,434.0p.