15 Sep 2015 10:27
Applegreen plc
Issue of Equity
Dublin, London, 15 September 2015: Application has been made to the Irish Stock Exchange and to the London Stock Exchange for 750,000 new ordinary shares of nominal value EUR0.01 each in the capital of the Company ("Ordinary Shares") to be admitted to trading on the ESM market of the Irish Stock Exchange and to the AIM market of the London Stock Exchange ("Admission"). Admission is expected to occur on 21st September 2015.
These Ordinary Shares have been allotted pursuant to the exercise of options under the 2014 Share Option Scheme. These Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.
Following Admission, the allotted, called up and fully paid ordinary shares of Applegreen plc will be 79,621,053 of nominal value EUR0.01 each.
For further enquiries, please contact:
Applegreen
Bob Etchingham, CEO / Paul Lynch CFO +353 (0) 1 512 4800
Drury Porter Novelli (Irish media):
Paddy Hughes +353 (0) 1 260 5000
Powerscourt (UK and international media):
Lisa Kavanagh +44 (0) 20 7250 1446
Simon Compton
Shore Capital
Stephane Auton +44 (0) 20 7408 4090
Patrick Castle
Goodbody
Simon Howley +353 (0) 1 667 0420
Siobhan Wall
About Applegreen
Established in 1992, Applegreen is a major petrol forecourt retailer in the Republic of Ireland with a significant and growing presence in the United Kingdom, and small presence in the US. The business employs c. 2,600 people, and operates 175 forecourt sites across the UK, Ireland and the US.
Applegreen is the number one motorway service area operator in the Republic of Ireland where it has a motor fuel market share of c.12%. The Group operates a distinctive retail led business model focused on offering "low fuel prices always" to drive footfall to its sites and aims to provide a premium food and hot beverage offering in all its sites.
Applegreen has a number of strategic partnerships with international brands including Burger King, Subway, Costa Coffee, Greggs, Lavazza and Chopstix. The business also has its own food offer through the aCafe and Bakewell café brands.
In the year to 31 December 2014, the Group had revenue of €937.3 million and Adjusted EBITDA of €22.8 million.