5 September 2018
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulations No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Immotion Group PLC ("Immotion Group" or the "Group")
Roll out of a further four ImmotionVR Centres at intu shopping centres
Following the success of its existing virtual reality ("VR") centres, Immotion Group Plc, the
Working in partnership with intu, which owns and manages many of the
Most of the outlets will be centre aisle attractions although Cardiff St David's has opened as a shop and will feature, alongside the VR cinema pods and guns, the latest Immotion racing car simulators. Following its initial success, the Group's existing outlet in the Manchester Arndale will be relocated to a more prominent site within the premises.
Martin Higginson, CEO of Immotion Group, said: "We are incredibly excited to be working with intu to expand our portfolio of ImmotionVR outlets across its impressive portfolio of some of the
Roger Binks, Customer Experience Director at intu, said: "Virtual reality has such exciting potential within our portfolio of the some of the
Enquiries:
Immotion Group |
Martin Higginson |
Tel: +44 (0) 161 235 8505 |
WH Ireland Limited (Nomad and Joint Broker) |
Adrian Hadden Jessica Cave |
Tel: +44 (0) 207 220 1666 |
Shard Capital Partners LLP (Joint Broker) |
Damon Heath Erik Woolgar |
Tel: +44 (0) 20 7186 9900 |
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Redleaf Communications (Financial PR) |
Elisabeth Cowell Robin Tozer
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Tel: +44 (0) 20 3757 6880 |
About Immotion Group
Immotion Group, co-founded by Martin Higginson and David Marks in 2017, generates revenues through the delivery of high quality "state of the art" VR experiences, combined with cutting edge motion platforms to consumers at an affordable price point through a range of routes:
● Sales - sale of VR Motion Platforms to Leisure and Entertainment operators provide the opportunity for the operator to drive substantial ancillary revenues
● Concession partners - currently installed at a range of outlets including Merlin Entertainments' LEGOLAND® Discovery Centres in
● Owned and franchised outlets, trading as ImmotionVR, located in high footfall shopping centres
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