Debt Facilities Update

RNS Number : 1046T

Everyman Media Group PLC

23 March 2021

 

23 March 2021

Everyman Media Group PLC

("Everyman" or the "Company")

 Debt Facilities Update

Everyman Media Group PLC (AIM:EMAN) is pleased to announce that it has agreed an increase in its debt facilities from £30m to £40m, to improve the Group's liquidity position for growth going forward. The facilities continue to be provided by Barclays Bank PLC and Santander UK PLC and the increase is subject to an Ordinary Resolution being passed at the AGM. 

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

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

About Everyman Media Group PLC:

Everyman is the fourth largest cinema business in the UK by number of venues, and is a premium, high growth leisure brand. Everyman operates a growing estate of venues across the UK, with an emphasis on providing first class cinema 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

For more information visit http://investors.everymancinema.com/

 

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