Posting of Circular

RNS Number : 0277Q

Escape Hunt PLC

16 June 2020

 

16 June 2020

Escape Hunt plc (AIM: ESC)

("Escape Hunt" or the "Company")

Posting of Circular

On 12 June 2020, Escape Hunt announced that it had successfully raised £4.0m (before expenses) by means of a Placing of 46.6m shares at 7.5p per share, a Subscription of 2.0m shares at 7.5p per share and the issue of £340,000 in Convertible Loan Notes (the "Fundraising").

The Circular containing further details of the Fundraising and outlining the terms of an Open Offer for up to a further £0.5m and convening the General Meeting, together with the accompanying Form of Proxy and Application Form for Qualifying Non-CREST Shareholders was posted on 15 June 2020.  A copy of the Circular and the Form of Proxy is available on the Company's website at www.escapehunt.com/investors.

Capitalised terms used but not defined in this announcement have the same meanings as set out in the Company's announcement of its proposed fundraising dated 12 June 2020.

Enquiries
Escape Hunt plc Richard Harpham (Chief Executive Officer)  Graham Bird (Chief Financial Officer) Kam Bansil (Investor Relations)	[phone]
Shore Capital - NOMAD and Joint Broker Tom Griffiths, David Coaten (Corporate Advisory) Fiona Conroy (Corporate Broking)	[phone]
Zeus Capital - Joint Broker John Goold Daniel Harris	[phone]
IFC Advisory - Financial PR Graham Herring Florence Chandler	[phone]

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. ( https://escapehunt.com/ )

 

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