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Share Price Information for Tasty (TAST)

London Stock Exchange
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Share Price: 1.75
Bid: 1.50
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.50 (33.333%)
Open: 1.75
High: 1.75
Low: 1.75
Prev. Close: 1.75
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Tasty Raises GBP2M Via Placing, Sees 1Q Trading Profitable

Wed, 09th Jun 2010 07:22

LONDON (Dow Jones)--Tasty Plc (TAST.LN), a restaurant operator, announced Wednesday a placing to raise GBP2.0 million, with first quarter trading expected to be profitable. MAIN FACTS: -The company indicated that the first quarter trading had improved year on year and that the company expected to report a profitable first quarter in 2010. -The company has exchanged contracts on a property in Chelmsford with a view to opening a new Wildwood restaurant in the second half of 2010. -The Board has also committed to re-furbish an existing Dim-T in Gloucester Road, London into a Wildwood. -Following these actions the company will have twelve restaurants in operation - 7 Dim T and 5 Wildwood. -The Board expect Wildwood to be the core brand for future expansion. -The Board is pleased to report this positive trading has continued into the second quarter of 2010. -The Company also announced that it has raised GBP2.0 million, before expenses, through a placing of 10,000,000 new ordinary shares of 10 pence each at a price of 20 pence per share. -The Placing Price represents a discount of 7% to the closing middle market price of the company on June 8. -The net proceeds from the Placing will be used by the Company to fund the continued expansion of restaurants within the Company. -Shares closed Tuesday at 21.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com (END) Dow Jones Newswires June 09, 2010 02:22 ET (06:22 GMT)
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23 Jun 2022 21:28

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25 Mar 2022 11:15

AIM WINNERS & LOSERS: Goldstone up on Homase progress; Tasty slumps

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23 Mar 2022 14:37

IN BRIEF: Tasty rises with annual swing to profit on sales growth

Tasty PLC - London-based casual dining restaurant operator - Swings to a pretax profit of GBP1.2 million in year to December 26 from a loss at GBP12.6 million the year before. This was on revenue growth of 44% to GBP34.9 million from GBP24.2 million. Credits growth to strong sales growth despite weaker trading for key December period, due to the onset of the Omicron variant.

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8 Mar 2022 12:33

TRADING UPDATES: Tasty sales rise; Synectics wins National Grid deal

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4 Jan 2022 16:28

Tasty trading plummets in December after 'encouraging' year

(Sharecast News) - Casual dining restaurant operator Tasty updated the market on its trading on Tuesday, reporting that for the second half of the year up to December it was "extremely encouraging".

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4 Jan 2022 13:16

'Lockdown by stealth' in December has left some stock market bargains

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4 Jan 2022 12:10

Restaurant operator Tasty says UK work-from-home advice hits trading

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4 Jan 2022 08:51

LONDON MARKET OPEN: Travel stocks jump as markets start year strongly

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4 Jan 2022 08:16

LONDON BRIEFING: dim t restaurant operator gives taste of Omicron hit

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4 Jan 2022 07:44

LONDON MARKET PRE-OPEN: FTSE to rise; Tasty reports Omicron hit

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27 Sep 2021 11:16

TRADING UPDATES: Novacyt UK dispute holds back revenue; Tasty sales up

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29 Jun 2021 13:47

IN BRIEF: Tasty expects strong summer on back of pent up demand

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29 Jun 2021 08:53

Tasty H1 delivery sales perform well amid most recent UK lockdown

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21 May 2021 14:43

Tasty says most restaurants fully open again as UK restrictions ease

Tasty says most restaurants fully open again as UK restrictions ease

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