29 Jul 2015 07:01
The Fulham Shore plc
("Fulham Shore" or the "Company")
Notice of results
Fulham Shore advises that it will announce its audited results for the nine months ended 29 March 2015 (the "Results") on Friday 31 July 2015.
On 20 October 2014, the Company acquired 99.04% of the issued share capital of Kefi Limited, the owner of The Real Greek group of restaurants. For accounting purposes, the transaction has been treated as a "reverse acquisition". As a consequence the Results will be presented for the nine month period from Kefi Limited's financial year end on 29 June 2014 to the Company's financial year end on 29 March 2015, with comparative financial information relating to the 12 months ended 29 June 2014 of Kefi Limited and its subsidiaries.
The Board expects that Fulham Shore will report revenue in line with market expectations for the nine months ended 29 March 2015. The costs of the reverse acquisition will be recognised through Fulham Shore's consolidated statement of comprehensive income, in accordance with IFRS3. Market expectations for profit before tax for the period to 29 March 2015 do not account for the impact of reverse acquisition costs. Profit before tax before such costs is expected to meet those expectations in the Results.
Contacts:
The Fulham Shore plc | www.fulhamshore.com |
David Page | 07836 346 934 |
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Allenby Capital Limited |
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Nick Naylor / Jeremy Porter / James Reeve | 020 3328 5656 |