31 July 2019
Escape Hunt plc
("Escape Hunt" or the "Company")
Board Change
Escape Hunt (AIM: ESC), a global leader in the high growth escape rooms sector, announces that Alistair Rae has stepped down today as Chief Financial Officer in order to take up another appointment.
Graham Duncan, who has worked with the Company since before its re-admission to AIM in May 2017, has agreed to provide the necessary finance support by assuming the role of interim Chief Financial Officer. Alistair has agreed to assist Graham with a hand-over during the coming weeks. Graham is a chartered accountant with more than 20 years capital markets experience; until 2013, he was a capital markets director with Mazars LLP in London.
The Board has commenced the process to appoint a successor.
Richard Harpham, Chief Executive Officer commented: "Alistair leaves behind a well-established and proficient Finance Team, which will support Graham in his interim role. Alistair leaves with the Board's very best wishes and thanks for his contribution over the last two years. The search for a permanent replacement is underway. We look forward to updating shareholders in due course."
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For further enquiries please contact:
Escape Hunt plc |
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Richard Harpham (Chief Executive Officer) |
+44 (0) 7584 173958 |
Alistair Rae |
+44 (0) 7736 883934 |
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Shore Capital - Nominated Advisor and Joint Broker |
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Daniel Harris, David Coaten (Corporate Finance) |
+44 (0) 20 7601 6100 |
Fiona Conroy (Corporate Broking) |
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Peel Hunt LLP - Joint Broker |
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George Sellar, Guy Pengelley |
+44 (0) 20 7418 8900 |
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Yellow Jersey PR Ltd - Financial Public Relations |
+44 (0) 20 3004 9512 |
Tim Thompson |
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Harriet Jackson |
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Henry Wilkinson |
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About Escape Hunt plc
The Escape Hunt Group is a global leader in providing live escape-the-room experiences with a network of owner-operated sites in the UK and a global network of franchised outlets in six continents. The Company was re-admitted to AIM in May 2017 and has a strategy of creating high quality premium games and experiences, which incorporates branded IP content.