REG - Everyman Media Grp - Board Appointment

Everyman MediaAnnouncement

14/12/2020 07:05

RNS Number : 4672I
  
Everyman Media Group PLC
  
14 December 2020
  
 

14 December 2020
 Everyman Media Group PLC
("Everyman", "Company" or the "Group")
 
 Board Appointment
 
Everyman Media Group plc is pleased to announce that it has appointed Alex Scrimgeour to the role of Chief Executive Officer with effect from 18 January 2021.
 
Alex has extensive experience working in the leisure sector having established Côte Restaurant as both a reliable, consistent multi-site restaurant, as well as a respected and admired brand. As CEO of Côte Restaurant for the past five years, Alex was responsible for achieving significant growth whilst navigating difficult market conditions. Alex's focus on strategy and innovation, as well as his ability to establish a highly motivated workforce, enabled Côte Restaurant to scale-up its operations and outperform the market. 
 
Alongside driving growth, Alex has a detailed understanding of the importance of innovation and demonstrable ability in addressing customer needs in a modern and ever-evolving leisure market. Illustrating this, Alex founded and launched Côte Restaurant's e-commerce brand 'Côte at Home', a business providing customers with a dining experience they can enjoy in the comfort of their home. 
 
Paul Wise, Executive Chairman, said: "We are delighted to welcome Alex as the Company's new CEO. As always, we are committed to providing a contemporary, exceptional experience for our customers. With Alex's knowledge and expertise, we look forward to reinforcing and expanding the Everyman brand and experience. The appointment reinforces our optimism in life beyond Covid."  
 
Alex Scrimgeour, incoming CEO, said: "Everyman is a truly differentiated proposition with a well-established culture of excellence. I am delighted to be joining Paul and the team who have already shown me such a warm welcome. It is hugely exciting to take the business forward and build on such solid foundations as we look to expand in the years ahead."
 
The following details in relation to the appointment of Mr Alexander (Alex) Rupert Gauvain Scrimgeour (aged 49) are disclosed in accordance with Schedule 2(g) of the AIM Rules:




 Current directorships


Past directorships held within last 5 years




Alex Scrimgeour Investments Limited
 
Scrimgeour Family Investments Limited
 
Scrimgeour and Company Limited 
 
Tytherington Investments Limited
 
Solar Products Limited


Cote Restaurants Limited
 
Cote at Home Limited, a subsidiary of Cote Restaurants Limited 
 
Cote Kitchen Limited, a subsidiary of Cote Restaurants Limited
 
Jackson and Rye Limited, a subsidiary of Cote Restaurants Limited
 
Limeyard Restaurants Limited, a subsidiary of Cote Restaurants Limited
 
Taste Bidco Limited, a subsidiary of Cote Restaurants Limited
 
Taste Midco 1 Limited, a subsidiary of Cote Restaurants Limited
 
Taste Midco 2 Limited, a subsidiary of Cote Restaurants Limited
 
Greenfields Meat Limited, a subsidiary of Cote Restaurants Limited
 
Cote Group (Bidco) Limited, a subsidiary of Cote Restaurants Limited
 
Cote Group (financing) Limited, a subsidiary of Cote Restaurants Limited
 
Cote Restaurants Group Holdings Limited, a subsidiary of Cote Restaurants Limited
 
Tasty Topco (Jersey) Limited
 
Cote Topco (Jersey) Limited, a subsidiary of Tasty Topco (Jersey) Limited
 
Cote TopCo Limited (Jersey) a subsidiary of Tasty Topco (Jersey) Limited
 
Cote Holdings Limited (Jersey), a subsidiary of Tasty Topco (Jersey) Limited




 
Cote Restaurants Limited was placed in administration on 28 September 2020 and Tasty Topco (Jersey) Limited is expected to be placed into administration shortly. The administrative process in relation to these companies, and their subsidiaries which are listed above, remains ongoing as at the date of this announcement. The administration followed a cessation of trade as the companies were unable to meet creditor obligations caused by the impact of COVID-19.
 
There is no further information to be disclosed in relation to Alex Scrimgeour's appointment pursuant to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies. 




 
For further information, please contact:


 




Everyman Media Group PLC
Paul Wise

Elizabeth Lake

 


Tel: +44 (0) 20 3145 0500
 




 
Canaccord Genuity Limited - Nominated Adviser and Broker

Bobbie Hilliam
Georgina McCooke
 


 
Tel: +44 (0) 20 7523 8000




Alma PR (Financial PR Advisor)
Rebecca Sanders-Hewett
Susie Hudson
Harriet Jackson


 
Tel: +44 (0) 20 3405 0205




 
About Everyman Media Group PLC:
 
Everyman is a premium brand and operates an estate of venues across the UK, with an emphasis on providing first class entertainment and hospitality.
Everyman is redefining cinema. It focuses on venue and experience as key competitive strengths, with a unique proposition:
 
- Intimate and atmospheric venues, which become a destination in their own right
- An emphasis on a strong quality food and drink menu prepared in-house
- A broad range of well-curated programming content, from mainstream and independent films to theatre and live concert streams, appealing to a diverse range of audiences
- Motivated and welcoming teams

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