Last checked at 29 Jun 2023 07:00
29 June 2023
Loungers plc ("Loungers" or "the Company")
Notice of Investor Meet Company Investor Presentation
Loungers plc (LSE: LGRS), a leading operator of all-day café/bar/restaurants across the United Kingdom, will be hosting an investor presentation relating to its preliminary results for the year ended 16 April 2023 on the afternoon of 14 July 2023.
Nick Collins, CEO, and Gregor Grant, CFO, will be hosting the live presentation via the Investor Meet Company platform at 12:00pm BST. The presentation is open to all existing and potential shareholders.
Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00am BST on 13 July 2023, or any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Loungers via the following link: https://www.investormeetcompany.com/loungers-plc/register-investor
Investors who already follow Loungers on the Investor Meet Company platform will automatically be invited.
For further information, please contact:
Powerscourt | +44 (0) 20 7250 1446 |
Rob Greening / Nick Hayns / Elizabeth Kittle | loungers@powerscourt-group.com |
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Houlihan Lokey, Inc. (Financial Adviser and NOMAD) | +44 (0) 20 7484 4040 |
Sam Fuller / Tim Richardson | |
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Liberum Capital Limited (Joint Broker) | +44 (0) 20 3100 2000 |
Andrew Godber / John Fishley | |
Peel Hunt LLP (Joint Broker) | +44 (0) 20 7418 8900 |
Dan Webster |
About Loungers
Loungers operates through its two complementary brands - Lounge and Cosy Club - in the UK hospitality sector. A Lounge is a neighbourhood café/bar combining elements of coffee shop culture, the British pub and dining. There are 193 Lounges nationwide. Lounges are principally located in secondary suburban high streets and small town centres. The sites are characterised by informal, unique interiors with an emphasis on a warm, comfortable atmosphere, often described as a "home from home".
Cosy Clubs are more formal bars/restaurants offering reservations and table service but share many similarities with the Lounges in terms of their broad, all-day offering and their focus on hospitality and culture. Cosy Clubs are typically located in city centres and large market towns. Interiors tend to be larger and more theatrical than for a Lounge, and heritage buildings or first-floor spaces are often employed to create a sense of occasion. There are 35 Cosy Clubs nationwide.
Loungers launched its third brand, a roadside dining concept called Brightside, in November 2022. The first two Brightside locations are now open, on the A38, south of Exeter, and on the A38 at Saltash with a further site to open on the A303 in summer 2023.