Announcement of Placing and Open Offer

Escape Hunt (AIM:ESC), a leading operator of escape rooms in the fast-growing experiential leisure sector, is pleased to announce that it proposes to raise up to £4.0 million, before expenses, by way of a Placing of New Ordinary Shares at 7.5 pence each (the “Issue Price”), the conditional issue to certain Directors, or their associates, of approximately 2.2 million Subscription Shares at the Issue Price and the proposed issue of £0.34 million Convertible Loan Notes, together with an Open Offer to raise up to a further approximately £0.5 million (the “Fundraising”).

Click here for the full detail.