event date format following site settings

Hello!

I am using Events Manager and Events Manager Pro in a multisite setup. I have a custom single-event.php template and use the Placeholders for WordPress relative timezone date/time, as described in https://wp-events-plugin.com/documentation/placeholders/

The time and date are adjusted to the site’s timezone as expected, but the format is always the same. As I have sites from all over the world in my multisite setup who have different time and date formatting requirements, I was expecting also to see the format follow the individual site configuration.

I was wondering how I can fulfill the requirement of having the format localized according to the site configuration?
My idea was to use get_option() and put that into the placeholder, but that doesnt work because A) the output of get_option is more than the format string (__ prefix, quotes) and B) I am not sure when and how the resolution of function and placeholder is working (WP noob, sorry).

Thank you for your help!