Board Appointment

RNS Number : 4672I

Everyman Media Group PLC

14 December 2020

 

14 December 2020

  Everyman Media Group PLC

("Everyman", "Company" or the "Group")

 Board Appointment

Everyman Media Group plc is pleased to announce that it has appointed Alex Scrimgeour to the role of Chief Executive Officer with effect from 18 January 2021.

Alex has extensive experience working in the leisure sector having established Côte Restaurant as both a reliable, consistent multi-site restaurant, as well as a respected and admired brand. As CEO of Côte Restaurant for the past five years, Alex was responsible for achieving significant growth whilst navigating difficult market conditions. Alex's focus on strategy and innovation, as well as his ability to establish a highly motivated workforce, enabled Côte Restaurant to scale-up its operations and outperform the market.

Alongside driving growth, Alex has a detailed understanding of the importance of innovation and demonstrable ability in addressing customer needs in a modern and ever-evolving leisure market. Illustrating this, Alex founded and launched Côte Restaurant's e-commerce brand 'Côte at Home', a business providing customers with a dining experience they can enjoy in the comfort of their home.

Paul Wise, Executive Chairman, said: "We are delighted to welcome Alex as the Company's new CEO. As always, we are committed to providing a contemporary, exceptional experience for our customers. With Alex's knowledge and expertise, we look forward to reinforcing and expanding the Everyman brand and experience. The appointment reinforces our optimism in life beyond Covid." 

Alex Scrimgeour, incoming CEO, said:   "Everyman is a truly differentiated proposition with a well-established culture of excellence. I am delighted to be joining Paul and the team who have already shown me such a warm welcome. It is hugely exciting to take the business forward and build on such solid foundations as we look to expand in the years ahead."

The following details in relation to the appointment of Mr Alexander (Alex) Rupert Gauvain Scrimgeour (aged 49) are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current directorships

Past directorships held within last 5 years

Alex Scrimgeour Investments Limited Scrimgeour Family Investments Limited Scrimgeour and Company Limited Tytherington Investments Limited Solar Products Limited

Cote Restaurants Limited Cote at Home Limited, a subsidiary of Cote Restaurants Limited Cote Kitchen Limited, a subsidiary of Cote Restaurants Limited Jackson and Rye Limited, a subsidiary of Cote Restaurants Limited Limeyard Restaurants Limited, a subsidiary of Cote Restaurants Limited Taste Bidco Limited, a subsidiary of Cote Restaurants Limited Taste Midco 1 Limited, a subsidiary of Cote Restaurants Limited Taste Midco 2 Limited, a subsidiary of Cote Restaurants Limited Greenfields Meat Limited, a subsidiary of Cote Restaurants Limited Cote Group (Bidco) Limited, a subsidiary of Cote Restaurants Limited Cote Group (financing) Limited, a subsidiary of Cote Restaurants Limited Cote Restaurants Group Holdings Limited, a subsidiary of Cote Restaurants Limited Tasty Topco (Jersey) Limited Cote Topco (Jersey) Limited, a subsidiary of Tasty Topco (Jersey) Limited Cote TopCo Limited (Jersey) a subsidiary of Tasty Topco (Jersey) Limited Cote Holdings Limited (Jersey), a subsidiary of Tasty Topco (Jersey) Limited

Cote Restaurants Limited was placed in administration on 28 September 2020 and Tasty Topco (Jersey) Limited is expected to be placed into administration shortly. The administrative process in relation to these companies, and their subsidiaries which are listed above, remains ongoing as at the date of this announcement. The administration followed a cessation of trade as the companies were unable to meet creditor obligations caused by the impact of COVID-19.

There is no further information to be disclosed in relation to Alex Scrimgeour's appointment pursuant to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies. 

For further information, please contact:
Everyman Media Group PLC Paul Wise Elizabeth Lake	Tel: [phone]
Canaccord Genuity Limited - Nominated Adviser and Broker Bobbie Hilliam Georgina McCooke	Tel: [phone]
Alma PR (Financial PR Advisor) Rebecca Sanders-Hewett Susie Hudson Harriet Jackson	Tel: [phone]

About Everyman Media Group PLC:

Everyman is a premium brand and operates an estate of venues across the UK, with an emphasis on providing first class entertainment and hospitality.

Everyman is redefining cinema. It focuses on venue and experience as key competitive strengths, with a unique proposition:

- Intimate and atmospheric venues, which become a destination in their own right

- An emphasis on a strong quality food and drink menu prepared in-house

- A broad range of well-curated programming content, from mainstream and independent films to theatre and live concert streams, appealing to a diverse range of audiences

- Motivated and welcoming teams

 

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