16 Jan 2017 14:26
Date: | 16 January 2017 |
On behalf of: | Paragon Entertainment Limited ("Paragon", the "Company" or the "Group") |
For immediate release |
Paragon Entertainment Limited
Board Changes
Paragon Entertainment Limited (AIM:PEL), the attractions design, production and fit-out business, is pleased to announce the appointment of David Bridgford as a Non-Executive Director of the Company with effect from 1 February 2017.
Mr Bridgford has over 14 years' experience in the entertainment sector with his most recent role being at Merlin Entertainments Group plc. At Merlin, David was Strategy Director for six years and prior to that, director of corporate finance. During his time at Merlin, David led the acquisitions of Sydney Attractions Group and Living & Leisure.
David qualified as a chartered accountant at Touche Ross and subsequently became a Partner in the Corporate Finance team at Deloitte. He was then Director of Corporate Finance at The Tussauds Group for 5 years where he advised on the group's strategy, led the £95 million acquisition of the London Eye Company and managed The Tussaud Group's £1 billion sale to Blackstone Capital Partners, the private equity firm.
The Company also announces that effective today, Mark Taylor, who has been serving as Executive Chairman since September 2014, will be changing roles to Non-Executive Chairman.
Mark Taylor, Chairman of the Company said
"We are delighted to welcome David to the board. He brings with him a wealth of experience in both the entertainment sector and corporate finance. His experience and knowledge will be a valuable addition and will be very beneficial for us in continuing to grow the Paragon business."
For further information:
Paragon Entertainment Limited Mark Taylor (Chairman)
finnCap Ltd Julian Blunt / Simon Hicks (corporate finance) Alice Lane (corporate broking) |
01904 608020
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 build of Rolling Stones 'Exhibitionism' at the Saatchi Gallery, London;
· 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 thematic build of the Wallace and Gromit ride at Blackpool Pleasure Beach;
The Group listed on AIM in 2011.
Further information can be found at: http://www.paragonent.com.
The following information regarding David John Martin Bridgford, aged 54, is disclosed under Schedule 2(g) of the AIM Rules for Companies:
Current Directorships | Directorships held in past 5 years
|
Gosmere Farm Barns Management Company Limited | Tussauds Group (UK) Pension Plan Trustee Limited
|
Brunswick Place Management Co | |
Leeds Castle Enterprises Ltd | |
Denly Consulting Limited |
As at the date of this announcement, Mr Bridgford is not beneficially interested in any Ordinary Shares in the Company.
There are no other matters which are required to be announced under Schedule 2(g) of the AIM Rules for Companies.