REG - Everyman Media Grp - Directorate Change

Everyman MediaAnnouncement

18/11/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221118:nRSR8383Ga&default-theme=true

RNS Number : 8383G  Everyman Media Group PLC  18 November 2022

18 November 2022

Everyman Media Group PLC

 

("Everyman", the "Company" or the "Group")

 

Directorate Change

 

Everyman Media Group PLC (AIM: EMAN) announces that Paul Wise, the Executive
Chairman of the Company, has decided to step down from the Board to pursue
other interests.

 

Paul will remain in his role until 28 February 2023, at which point Philip
Jacobson, currently a Non-Executive Director of the Company, will assume the
role of Non-Executive Chairman.

 

Philip joined Everyman in 2013 ahead of the Company's admission to AIM. He is
an experienced business leader, becoming Partner at BDO (then Stoy Hayward) in
1975 and remaining with the firm until 2006. During his time at BDO, Philip
worked with a wide variety of international, listed and unlisted companies.

 

Alex Scrimgeour, CEO of Everyman, said:

 

"On behalf of the Board and everyone at Everyman I would like to thank Paul
for his contribution during his tenure. For 14 years, Paul has been
instrumental in building the Everyman proposition, growing the business and,
most recently, navigating the challenges posed by the pandemic. Thanks in no
small part to his stewardship, Everyman has emerged a stronger business, and
we fully expect to announce strong results for the current year in line with
the outlook statement contained in our interim results.

 

"In Philip Jacobson we have an experienced successor who knows and understands
the business. I look forward to working with him in his new capacity."

 

Philip Jacobson, incoming Non-Executive Chairman, said:

 

"I have seen first-hand the outstanding job Paul has done in building Everyman
into what it is today. The business has undergone remarkable growth and
positive change under his guidance. Like Paul, I am passionate about the
Everyman brand, and look forward to helping the Company pursue its ambitions
in this new role."

 

Paul Wise, departing Executive Chairman, said:

 

"It has been a privilege to work with many talented people over the years and
establish Everyman as a market leading brand. I leave the business in good
health and well-positioned to deliver on its plans to further develop the
brand, open new venues and grow market share."

 

 

For further information, please contact:

 

 Everyman Media Group PLC                                   Tel : +44 (0)20 3145 0500
 Alex Scrimgeour, CEO

 Canaccord Genuity Limited (Nominated Adviser and Broker)   Tel : +44 (0)20 7523 8000
 Bobbie Hilliam
 Harry Pardoe

 Alma PR (Financial PR Advisor)                             Tel:  +44 (0)20 3405 0205
 David Ison
 Joe Pederzolli

 

About Everyman Media Group PLC:

 

Everyman is the fourth largest cinema business in the UK by number of venues,
and is a premium, high growth leisure brand. Everyman operates a growing
estate of venues across the UK, with an emphasis on providing first class
cinema and hospitality.

 

Everyman is redefining cinema. It focuses on venue and experience as key
competitive strengths, with a unique proposition:

 

I.  Intimate and atmospheric venues, which become a destination in their own
right

II.  An emphasis on a strong quality food and drink menu prepared in-house

III.  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

IV.  Motivated and welcoming teams

 

For more information visit  http://investors.everymancinema.com/
(http://investors.everymancinema.com/)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOADDBDBDUBDGDR