ARE.L Regulatory News (ARE)

7 Nov 2006 07:02

Arena Leisure PLC07 November 2006 ARENA LEISURE PLC Creation of new Catering Division Arena Leisure Plc ("Arena"), the UK's largest operator of horseracing fixtures,announces that it has created a new company, Arena Leisure Catering Limited, todirect, manage and operate all the catering activities across Arena's portfolioof seven racecourses. The decision to found Arena Leisure Catering Limited was based on the beliefthat catering is a core element of the racing customer experience and thatcomplete ownership of the key aspects of this customer experience will enhanceand contribute to the long term success of Arena and each of its racecourses. In order to ensure a seamless transition, Arena and Letheby & Christopher willcontinue to work closely together up to and beyond the current contract expirydate of 31 March 2007. Further details will be announced in due course. - ends - For further information please contact: Mark Elliott, Chief ExecutiveArena Leisure Plc Tel: 020-7495-2277e-mail: contact@arenaleisureplc.com David Rydell/Geoff CallowBell Pottinger Corporate & Financial Tel: 020-7861-3232 This information is provided by RNS The company news service from the London Stock Exchange