PEL Paragon Entertainment Limited

TIDMPEL

RNS Number : 8234A

Paragon Entertainment Limited

31 May 2019

Date: 31 May 2019

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

Paragon Entertainment Limited

Dismissal of winding up petition

Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, announces that further to the announcement made earlier today, HM Revenue & Customs ("HMRC") has confirmed to the Company that all payments due to HMRC were paid and therefore the winding up petition in respect of Paragon Creative Limited that was filed at The High Court of Justice, Companies Court on 1 May 2019 (the "Petition") was issued in error.

The Company is in the process of applying for the Petition to be dismissed.

- ENDS -

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

Notes to Editors:

About Paragon

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 Award winning 'Dig It!' attraction brand; 
   --    The design and build of Kidzania, London and Kidzania Abu Dhabu; 
   --    The design and build of galleries at the Olympic Museum for the IOC in Lausanne, Switzerland; 
   --    The design and build of the Dig It concepts worldwide; 
   --    The design and build of Titanic Belfast; 
   --    The design and build of Motiongate and Lionsgate theme parks in the UAE; 

The Group listed on AIM in 2011. Further information can be found at: http://www.paragonent.com.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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.

END

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