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  3. REG.L Share Price
  4. REG.L Share Regulatory News
  5. Interim Management Statement

Pin to quick picksREG.L Regulatory News (REG)

REG.L Information
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Interim Management Statement

14 Nov 2008 07:30

RNS Number : 1552I
Regent Inns PLC
14 November 2008
 



14 November 2008 

REGENT INNS PLC 

INTERIM MANAGEMENT STATEMENT 

Regent Inns plc ("the Group") announces its interim management statement for the period from 29 June 2008 to date, as required by the UK Listing Authority's Disclosure and Transparency Rules. 

Trading in the first 15 weeks of the reporting period was commented on in the Chairman's statement accompanying the Group's financial results for the 52 weeks ended 28 June 2008, under 'current trading and prospects', as reported on 16 October 2008. 

Key points relating to the 15 weeks trading period to 12 October 2008: 

like-for-like sales down 13% on last year
the comparable period included some strong trading during the Rugby World Cup
substantial cost savings have been implemented including the major restructure of head office that took place in July 2008. Capital expenditure during the current financial year will be no more than £5m.
our lending banks have been very supportive and our banking facilities (which do not expire until September 2010) have recently been revised in order to ensure they are appropriate for our current circumstances. As a result of these revisions, total facilities currently available to the Group are £96.5m and the cost of borrowing has increased substantially (although the recent reductions in base rate will help to mitigate this increase).

Subsequent to 12 October 2008, like-for-like sales trends are unchanged.

The Group expects to provide a further trading update on 17 December 2008, at its Annual General Meeting. 

Enquiries: 

Regent Inns plc 020 8327 2540

Jim Glover, Chairman

John Leslie, Chief Executive Officer 

Merlin 020 7653 6620

Paul Downes 07900 244 888 

Anja Kharlamova 07887 884 788

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSFFUFADSASEEF
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Date   Source Headline
15th Feb 20086:30 pmRNSHolding(s) in Company
15th Feb 20084:23 pmRNSRule 8.3- Regent Inns PLC
15th Feb 200812:08 pmRNSRule 8.3-Regent Inns Plc
13th Feb 20082:52 pmRNSRule 8.3- Regent Inns Plc
13th Feb 200812:08 pmRNSHolding(s) in Company
11th Feb 20082:11 pmRNSRule 8.3- Regent Inns Plc
6th Feb 20082:41 pmBUSRule 8.3 - Regent Inns Plc
5th Feb 20087:01 amRNSInterim Results
31st Jan 20083:01 pmRNSRule 8.3- REGENT INNS PLC
29th Jan 20081:43 pmBUSRule 8.3 - Regent Inns Plc
28th Jan 20081:37 pmBUSRule 8.3 - Regent Inns Plc
23rd Jan 20086:23 pmRNSHolding(s) in Company
23rd Jan 20083:18 pmBUSRule 8.3 - Regent Inns Plc
23rd Jan 20081:21 pmRNSRule 8.3-Regent Inns Plc
22nd Jan 20083:08 pmRNSRule 8.3- Regent Inns Plc
22nd Jan 20082:01 pmBUSRule 8.3 - Regent Inns Plc
21st Jan 200810:43 amRNSHolding(s) in Company
18th Jan 20087:00 amRNSHolding(s) in Company
18th Jan 20087:00 amRNSHolding(s) in Company
17th Jan 20083:19 pmBUSRule 8.3 - Regent Inns Plc
17th Jan 20081:38 pmRNSRule 8.3- Regent Inns Plc
16th Jan 20086:12 pmRNSHolding(s) in Company
16th Jan 20082:45 pmBUSRule 8.3 - Regent Inns Plc
16th Jan 200812:22 pmRNSRule 8.3- Regent Inns Plc
15th Jan 20089:11 amRNSStatement re Possible Offer
15th Jan 20087:00 amRNSHolding(s) in Company
3rd Jan 20084:41 pmRNSSecond Price Monitoring Extn
3rd Jan 20084:35 pmRNSPrice Monitoring Extension
21st Dec 20074:41 pmRNSSecond Price Monitoring Extn
21st Dec 20074:35 pmRNSPrice Monitoring Extension
11th Dec 20076:25 pmRNSHolding(s) in Company
11th Dec 200712:36 pmRNSHolding(s) in Company
11th Dec 200712:29 pmRNSHolding(s) in Company
4th Dec 20076:09 pmRNSHolding(s) in Company
3rd Dec 200711:05 amRNSAGM Statement
28th Nov 200712:31 pmRNSWithdrawal of AGM Resolution
21st Nov 200711:43 amRNSAnnual Information Update
15th Nov 20077:01 amRNSNew Contract
13th Nov 20074:14 pmRNSHolding(s) in Company
5th Nov 20079:06 amRNSAnnual Report and Accounts
2nd Nov 20077:00 amRNSInterim Management Statement
30th Oct 20074:26 pmRNSHolding(s) in Company
9th Oct 20077:01 amRNSPreliminary Results
5th Sep 20072:40 pmRNSNotice of Results
5th Sep 200712:11 pmRNSNotice of Results
31st Aug 20074:40 pmRNSHolding(s) in Company
1st Aug 200710:18 amRNSHolding(s) in Company
30th Jul 200712:26 pmRNSHolding(s) in Company
26th Jun 200712:28 pmRNSAppointment
25th Jun 200711:50 amRNSHolding(s) in Company
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