Subway signs multi-million-pound sponsorship

RNS Number : 4180T

Guild Esports PLC

25 March 2021

 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Press release

25 March 2021

Guild Esports PLC

("Guild Esports" or "the Company")

Subway signs two-year multi-million-pound sponsorship

Guild Esports (LSE: GILD), a global team organisation and lifestyle brand, is pleased to welcome Subway as the Company's Official Quick-Service Restaurant Partner with the signing of a two-year multi-million-pound sponsorship deal covering 55 markets in the EMEA region.

The deal is the third revenue-generating sponsorship secured by Guild Esports since its flotation on the London Stock Exchange on 2 October 2020. Under the terms of the contract, Guild Esports will receive four equal instalments in cash over the 24-month period.

The Company is the first esports organisation to sign an EMEA-wide sponsorship agreement with Subway, the world's largest submarine sandwich chain with more than 44,000 locations globally. The partnership commences on 25 March 2021.

The deal provides Subway with marketing rights and exposure across Guild's team jersey as well as social and digital content featuring the Company's pro-players and content creators. Subway's logo and brand will also be displayed at Guild's new London headquarters which is opening later this year.

In addition, Subway has been appointed an Official Academy Partner of Guild Esports and will be fully integrated into its digital and physical programme.

Guild and Subway have shared values and look forward to working together to support young gamers to make food choices which are balanced and good for them. Subway will support the Guild Academy by providing educational content focused on nutrition.

Carleton Curtis, Executive Chairman, said: "We are incredibly proud to partner with Subway, an iconic global brand. This partnership is particularly exciting as we are completely aligned with Subway's commitment to helping people make better choices. These shared values also provide a strong foundation for a unique relationship and participation in our Academy. We have received strong support from Subway and look forward to deepening our partnership for the long term.

"The deal keeps Guild Esports on track to generate significant sponsorship revenues in its first full year since the IPO. As we build a young, dynamic community and fanbase that is much sought-after but hard to reach, our new business momentum continues to grow, and we look forward to announcing new sponsors in due course."

Louise Wardle, Vice President Marketing EMEA at Subway, said: "At Subway, we have been looking at different ways to reach the elusive Gen-Z audience, but wanted to do so authentically, with more than just a logo.

"We're thrilled to be partnered with Guild Esports, which goes far beyond the typical esports company. Its world-first Academy is completely unique, offering the opportunity for young gamers to harness their passions, build skills and fulfil their dreams. By also collaborating with lifestyle and entertainment stars, Guild appeals to gamers and fans alike. This grassroots partnership will therefore connect a globally responsible brand with young people across EMEA."

FOR FURTHER INFORMATION, PLEASE CONTACT:  

Guild Esports
Carleton Curtis Executive Chairman Kal Hourd Chief Executive Neil Thapar Investor Relations	via Tancredi [phone] [phone]
Tennyson Securities
Corporate Broker Peter Krens	[phone]
Zeus Capital
Corporate Broker John Goold Benjamin Robertson	[phone]
Tancredi Intelligent Communication Media Relations
Salamander Davoudi [e-mail] Emma Valgimigli [e-mail] Helen Humphrey [e-mail]	[phone] [phone] [phone]

About Guild Esports:

Guild Esports PLC is a global fan-focused team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of esports veterans and co-owned by David Beckham. The Company is headquartered in the UK and its shares are listed on the main market of the London Stock Exchange (ticker: GILD). Please visit www.guildesports.com

About Subway ® Restaurants:

The Subway restaurant chain continues to evolve the dining experience, offering guests in more than 100 countries quality ingredients, as well as robust flavour combinations while serving over 6 million made-to-order sandwiches created each day. All Subway restaurants are owned and operated by more than 20,000 Franchise Owners, who employ many people in their communities. The Subway experience is also delivered online at Subway.com, through Subway.com/Delivers, and the Subway® App.

Subway® is a Registered Trademark of Subway IP LLC. © 2021 Subway IP LLC

 

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