By Anthony O. Goriainoff

Shares in Immotion Group PLC rose Thursday after the corporate stated it had signed a brand new three-year framework settlement with Merlin Entertainment Group Ltd.
Shares at 0820 GMT have been up 1.35 pence, or 61%, at 3.55 pence.

The U.Okay. immersive-entertainment firm stated the agreement–which runs till Dec. 31, 2025–will cowl the 26 websites the place it already has put in, or agreed to put in, a virtual-reality attraction.
“The new framework agreement streamlines the trading relationship between the parties, as well as the process for agreeing installations into further Merlin venues,” the corporate stated.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com