REG - Comptoir Group PLC - Directorate Change

ComptoirAnnouncement

14/10/2022 07:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221014:nRSN9217Ca&default-theme=true

RNS Number : 9217C  Comptoir Group PLC  14 October 2022

14 October 2022

 

Comptoir Group plc

("Comptoir", the "Company" or the "Group")

Appointment of new Chief Executive Officer

Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and
Eastern Mediterranean restaurants, is pleased to announce the appointment of
Nick Ayerst as Chief Executive Officer, effective from 17 October 2022.

Mr Ayerst brings more than 30 years' experience in the hospitality industry
and was previously Managing Director of LEON, the UK's leading healthy
fast-food chain, where he was brought onboard in 2020 to re-structure LEON's
operational model, investing in technology and increasing efficiencies and to
develop growth strategies including LEON's Drive-Thru model and franchising
partnerships.

 

Prior to his role at LEON, Mr Ayerst spent 15 years in leadership roles at The
Restaurant Group, the UK's largest listed restaurant company, where he was a
member of the TRG Executive team. Between 2013 and 2020, Mr Ayerst was
Managing Director of TRG Concessions, which operates restaurants, bars and QSR
outlets in airports, stations, shopping centres and Hilton Hotels, where he
implemented short- and long-term growth opportunities, more than doubling
revenue and profit, and oversaw the opening of 45 new sites.

 

Mr Ayerst will take over from Mr Jean-Michel Orieux, who has been interim CEO
since August 2022. Mr Orieux will revert to his role as independent
Non-Executive Director.

 

The appointment of Mr Ayerst, along with the recent appointments of Beatrice
Lafon and Jean-Michel Orieux as independent Non-Executive Chair and
independent Non-Executive Director respectively, significantly strengthens the
senior leadership team as the Company seeks to accelerate its growth
trajectory, investing in the brand and customer experience, accelerating the
opening of new restaurants and exploiting opportunities in franchising and
wholesale.

 

Nick Ayerst, incoming Chief Executive Officer, commented:

 

"I am joining Comptoir Group at an exciting time for the Company. The strength
of the Comptoir brand, talented team and vision of the new Board to grow the
business and deliver a best in class offering for its guests make this a great
opportunity. I see tremendous potential for the Company to grow and capture
market share and I look forward to building on Comptoir's success."

 

Beatrice Lafon, Chair, added:

 

"We are excited to welcome Nick to Comptoir Group as our new Chief Executive
Officer. Nick brings over 30 years' relevant experience in the sector, with
the combination of skills and energy to lead the business through Comptoir's
next strategic growth phase."

Ends

Contacts:

 

 Comptoir Group plc                                                         via Camarco

 Beatrice Lafon, Non-Executive Chair

 Jean-Michel Orieux, Interim CEO

 Michael Toon, FD

                                                                            0207 220 0500

 finnCap Ltd (Nominated Adviser and Broker)

 Simon Hicks

 Camarco (Media Contact)                                                    0203 757 4994

 Jennifer Renwick                                                           0203 757 4984
 jennifer.renwick@camarco.co.uk (mailto:jennifer.renwick@camarco.co.uk)

 Ed Gascoigne-Pees
 ed.gascoigne-pees@camarco.co.uk (mailto:ed.gascoigne-pees@camarco.co.uk)

Notes to Editors

 

About Comptoir Group

 

Comptoir Group PLC owns and operates 27 Lebanese restaurants, six of which are
franchised, based predominately in the UK. The flagship brand of the group,
Comptoir Libanais, is a collection of 21 restaurants located across London and
nationwide, including cities such as Manchester, Bath, Leeds, Birmingham,
Oxford and Exeter.

 

The name Comptoir Libanais means Lebanese Counter and is a place where guests
can eat casually and enjoy Middle Eastern food, served with warm and friendly
hospitality, just like back home.

 

The Group also operates Shawa, serving traditional shawarmas through a counter
service model in Westfield and Bluewater shopping centers, Yalla-Yalla with
branches near Oxford Circus and in Soho, and entertainment venue Kenza,
located in Devonshire Square, London.

 

The group has expanded internationally with its franchise partners HMSHOST,
with restaurants in the Netherlands, Qatar and Dubai.

 

 

 

Further information required to be disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies is set out below:

 

 Full name:                                                    Nicholas John Ayerst
 Age:                                                          56
 Shareholding in the Company:                                  None
 Current directorships and partnerships:                       Tres Corazones Ltd

                                                               Ayerst Consulting Ltd
 Historic directorships and partnerships in previous 5 years:  TRG Concessions Ltd

 

Save as disclosed above, there are no other disclosures required in relation
to paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGLBDGUDBDGDS