Iconic Labs (ICON) shares jumped on Thursday after it announced that it inked an agreement with a major international airline client.
Iconic Labs, the multi-divisional new media business and owner of Gay Star News, said it signed a content and marketing agreement with an unnamed international airline.
The agreement follows a content and marketing agreement Iconic signed with an unnamed UK-based wealth management business a week earlier on 12 February.
Shares in Iconic Labs were trading 16% higher at 0.0725p during Thursday trading
Iconic Chief Business Officer, Liam Harrington, said, "The relaunch of GSN has been very successful and we see this reflected in this further new contract.”
He added: “The client is a very important player in the airline industry, and one of the world's 10 largest carriers (ranked by revenue). It is an excellent reference client. We continue to build from here."
The agreement will see Iconic News, through its website Gay Star News, create and distribute bespoke content to support the client’s social media engagement campaign.
The value of the agreement was not disclosed.
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