Shares in Fitbug Holdings Plc (LON:FITB) shot up about a third after a non-regulatory announcement revealed that a large financial institution has renewed as a customer.
Fitbug, which now trades as Kin Wellness, said the customer has renewed for wellbeing services after a successful first year.
Client confidentiality arrangements mean the company is not able to disclose much further detail, though it said that it expects to generate around £70,000 in service revenues for the group in 2017.
The company told investors that the non-regulatory communication is part of a strategy to provide more frequent updates to our shareholders.