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    12:09pm 21st April 2017

    DIRECTOR DEALINGS: Paragon Entertainment Director Buys Shares

    LONDON (Alliance News) – Paragon Entertainment Ltd on Friday said Development Director Mark Pyrah bought 62,827 shares at a price of 0.04775 pence per share on Thursday.

    Following the purchase, Pyrah is beneficially interested in 22.6 million shares, or a 12.04% stake.

    Paragon Entertainment on Thursday reported a small rise in pretax profit for 2016, and said it remains “excited” about its future.

    The company, which designs, builds and provides attractions, reported a pretax profit of GBP374,000, up from GBP346,000 in 2015, as a rise in revenue to GBP14.4 million from GBP8.5 million was offset by higher operating expenses, amortisation and depreciation.

    Shares in the attractions design, production and fit-out business were up 0.5% at 4.75p on Friday.

    By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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