COVID-19 Update

RNS Number : 3104E
Everyman Media Group PLC
05 November 2020
 

5 November 2020

  Everyman Media Group PLC

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

 

 COVID-19 Update

 

Everyman Media Group plc announces that, following the new Government guidelines which came into effect this morning, its venues will be closed from today until further notice.

 

All appropriate measures are in place to reduce the financial impact of the closure on the Group, including the reduction of operating costs and the postponement of new sites, refurbishments and other capital expenditure projects, together with accessing government support schemes where available.

 

The Group has a strong financial position and continues to have significant headroom in its banking facilities.  

 

The Board continues to have every confidence in the strength of the Everyman offering and its long term opportunity.

 

 

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
Richard Andrews
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

 

For more information visit  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 or visit 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.
 
END
 
 
MSCFSSESLESSEDF
UK 100

Latest directors dealings