Result of Placing and Posting of Circular
3rd November 2021
Further to its announcement released earlier today, Escape Hunt (AIM:ESC), a leading operator of escape rooms in the fast-growing experiential leisure sector, is pleased to announce the successful completion of the oversubscribed placing (the “Placing Announcement”).
Capitalised terms used in this announcement and not defined herein shall have the meanings given to them in the Placing Announcement.
A total of £15.0 million (before expenses) has been conditionally raised pursuant to the Placing and Subscription as follows:
- £14,775,000 through the issue of 49,250,000 Placing Shares at 30 pence each (“Issue Price”); and
- £225,000 through the issue of 750,000 Subscription Shares at the Issue Price.
See here for full details.