By Kyle Morris

 

Shares in Guild eSports PLC jumped 18% on Thursday after it said that it has signed a one-year global sponsorship deal with The Coca-Cola Company.

The company said it is the first European esports team organization to sign a global sponsorship deal with Coca-Cola.

The value of the contract wasn't disclosed.

Shares in Guild eSports at 0804 GMT were up 0.30 pence at 1.95 pence.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

July 21, 2022 04:31 ET (08:31 GMT)

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