Paragon Entertainment Limited Announcing Dig It! Rostov on Don, Russia opening
January 07 2019 - 3:30AM
RNS Non-Regulatory
TIDMPEL
Paragon Entertainment Limited
07 January 2019
Date: 7(th) January 2019
On behalf of: Paragon Entertainment Limited ("Paragon", the
"Company" or the "Group")
Paragon Entertainment Limited
Announcing Dig It! Rostov on Don, Russia opening.
Paragon Entertainment Limited (AIM: PEL), the attractions
design, production and fit-out business, announces that its second
Dig It! attraction opened in Rostov on Don, Russia on 23 December
2018.
PEL have partnered exclusively in the region with Edutainment
Group LLC, a Russian company specializing in theme parks for
children, who currently own and operate over 20 existing
attractions. In 2019, The Edutainment Group is planning to launch
further Dig It! attractions across Russia.
The Founder and CEO of Edutainment Group, Alexander Khudyakov,
said of the opening:
"We are pleased to open our first Dig It! attraction in the
Gorizont Mall in Rostov on Don, Russia. The Dig It! concept is
unique to Russia and we look forward to a further roll out of this
brand with Paragon Entertainment Limited in key Russian cities of
Moscow and Saint Petersburg later this year. The Edutainment Group
has extensive experience with theme parks and Panda Parks
throughout Russia and we look forward to adding Dig It! to our
portfolio."
Commenting on the announcement, Mark Pyrah, CEO and Founder of
Paragon Entertainment said:
"We are delighted to open our first Dig It! in Russia with The
Edutainment Group. The attraction is in a prime mall location in
Gorizont Mall and it's great to see the opportunity for the Dig It!
brand to expand in multiple locations across Russia. We are
confident that the wealth of operational experience and knowledge
of The Edutainment Group has in the Russian attractions sector will
be a huge driving factor in it's success."
"Dig it! Rostov on Don follows on from the launch of the award
winning Dig It! Dubai Springs, UAE in July 2018. Dig It! Dubai
Springs is performing very well giving other clients solid
confidence in the product. The advantage of Dig It!, as a modular
attraction, it can be scaled and for our client's budgets and
venues. This makes it very attractive offering to mall owners and
potential operators. Other Dig It! locations are in progress for
2019 and we look forward to announcing them in due course."
- ENDS -
For further information:
Paragon Entertainment Limited
Mark Taylor (Chairman)
01904 608020
finnCap Ltd
Julian Blunt / Simon Hicks (corporate finance)
Alice Lane (corporate broking) 020 7220 0500
Notes to Editors:
Paragon Entertainment Limited (AIM:PEL) is an award winning
provider of attraction services from initial design production and
consulting through to the fit out and installation of themed
attractions, heritage exhibits, museums, aquariums and water parks,
inter alia.
Paragon Entertainment is the holding company for Paragon
Creative Limited.
The Group's projects have included:
-- The design and build of Kidzania, London;
-- The design and build of galleries at the Olympic Museum for
the IOC in Lausanne, Switzerland;
-- The design and build of the galleries at The National Museum
of Kazakhstan;
-- The design and build of Titanic Belfast;
-- The Dig It! brand;
-- Little Explorers for MAF in the MENA region;
-- The design and build of Titanic Belfast;
The Group listed on AIM in 2011.
Further information can be found at:
http://www.paragonent.com/
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END
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