Paragon Entertainment Limited Announcing Dig It! to open in Russia

TIDMPEL

Paragon Entertainment Limited

30 July 2018

Date: 30 July 2018

On behalf of: Paragon Entertainment Limited ("Paragon", the "Company" or the "Group")

Paragon Entertainment Limited

Announcing Dig It! to open in Russia.

Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, announces that its second Dig it! will be designed and developed to open in Russia Q4 2018 in Rostov-on-Don.

PEL have partnered exclusively in the region with The Edutainment Group in Russia, who own and operate over 20 existing attractions and plan to roll out Dig it! nationwide.

Commenting on the announcement, Mark Pyrah, Development Director and Founder of Paragon Entertainment said:

"We are delighted to be working strategically with The Edutainment Group who see a clear and exciting market for Dig it! in multiple locations across Russia. Our first Dig it! which open in Dubai recently is performing well giving other clients solid confidence in the product. Dig it! in Rostov-on-Don is significantly larger than Dubai which will allow us to increase our product offer. We have invested significantly in this area of the business over the past 2 years and it's good to be getting solid traction in this new area of the business. The year ahead is positive for Dig it! as it forms an exciting part of our strategy for Products across the retail and leisure world. Other Dig it! locations are in progress and we look forward to announcing in due course."

- ENDS -

 
For further information: 
 
 Paragon Entertainment Limited 
 Mark Taylor (Chairman) 
                                                    01904 608020 
 finnCap Ltd 
 Julian Blunt / Simon Hicks (corporate finance) 
 Alice Lane (corporate broking)                     020 7220 0500 
 

Notes to Editors:

Paragon Entertainment Limited (AIM:PEL) is an award winning provider of attraction services from initial design production and consulting through to the fit out and installation of themed attractions, heritage exhibits, museums, aquariums and water parks, inter alia.

Paragon Entertainment is the holding company for Paragon Creative Limited.

The Group's projects have included:

   --     The design and build of Kidzania, London; 

-- The design and build of galleries at the Olympic Museum for the IOC in Lausanne, Switzerland;

   --     The design and build of the galleries at The National Museum of Kazakhstan; 
   --     The design and build of Titanic Belfast; 
   --     The Dig It! brand; 
   --     Little Explorers for MAF in the MENA region; 
   --     The design and build of Titanic Belfast; 

The Group listed on AIM in 2011.

Further information can be found at: http://www.paragonent.com/

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July 30, 2018 02:01 ET (06:01 GMT)