Escape Hunt PLC Progress in UK owner-operated site rollout (5019Z)
September 21 2020 - 1:00AM
UK Regulatory
TIDMESC
RNS Number : 5019Z
Escape Hunt PLC
21 September 2020
21 September 2020
Escape Hunt plc (AIM: ESC)
("Escape Hunt" or the "Company")
Progress in UK owner-operated site rollout
Escape Hunt, a global leader in the growing escape rooms sector,
is pleased to announce progress at its next three UK-owner operated
sites.
The Company's tenth UK owner-operated site operating under the
'Escape Hunt' brand, will officially open in Norwich this week. The
site will be open to the public from 23 September 2020, having
opened for bookings on 10 September 2020. The site has six games
rooms which include an instance of Escape Hunt's newest Doctor Who
themed game, 'A Dalek Awakens' as well as a room which will be used
for virtual reality games. Outdoor games will also be
available.
Work at the Company's eleventh site in Basingstoke is
substantially complete with opening planned for October 2020.
Basingstoke will similarly have six rooms, including virtual
reality and 'A Dalek Awakens'. Outdoor games will also be
available.
Escape Hunt is also pleased to announce that it has completed
contracts for a twelfth site at the Brewery Quarter in Cheltenham.
Games for the site have been manufactured and delivered and fit-out
will commence shortly. Cheltenham will have five games rooms and
will also offer outdoor experiences.
Commenting, Richard Harpham, Escape Hunt's CEO, said:
"We are delighted to be opening our latest site in Norwich which
has a prime position in the Intu Centre. Whilst the work had to be
delayed due to COVID-19, the subsequent fit-out has been completed
to a high standard and we are confident the public will love it!
Work at Basingstoke is now also substantially complete and the site
is similarly positioned in a prime location in the town and we are
confident it will be well received.
We are delighted to have completed contracts for our next site
at the Brewery Quarter in Cheltenham. In anticipation of signing,
we pre-ordered games for delivery and are pleased that games have
been delivered to site ready to be installed. We look forward to
providing further details on its opening in due course.
This progress represents important steps in the execution of our
key strategic priority to increase our UK owner-operated footprint.
In each case we have been able to secure a prime retail site on
favourable terms which is testament to the growing strength of our
proposition and the opportunity afforded by the current retail
property environment."
Enquiries
Escape Hunt plc
Richard Harpham (Chief Executive Officer)
Graham Bird (Chief Financial Officer) +44 (0) 20 7846
Kam Bansil (Investor Relations) 3322
Shore Capital - NOMAD and Joint Broker
Tom Griffiths, David Coaten (Corporate Advisory) +44 (0) 20 7408
Fiona Conroy (Corporate Broking) 4050
Zeus Capital - Joint Broker
John Goold +44 (0) 20 3829
Daniel Harris 5000
IFC Advisory - Financial PR
Graham Herring +44 (0) 20 3934
Florence Chandler 6630
Notes to Editors
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 five
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/)
Facebook: EscapeHuntUK
Twitter: @EscapeHuntUK
Instagram: @escapehuntuk
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