Escape Hunt (AIM: ESC), a leading operator of escape rooms in the fast-growing experiential leisure sector, has successfully raised £4.0 million via a conditional placing and subscription of new ordinary shares and the issue of convertible loan notes, together with an open offer to raise up to a further £0.5 million, with Shore Capital acting as the company’s Nomad and Joint Broker.
The net proceeds of the placing will be used to fund the roll-out of further owner-operated sites, for operational improvements and for general working capital purposes.
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