REG - Loungers PLC - Notice of Equity Development Investor Presentation

LoungersAnnouncement

04/07/2024 10:15

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RNS Number : 1677V  Loungers PLC  04 July 2024

4 July 2024

 

Loungers plc

('Loungers' or the 'Company')

 

Notice of Equity Development Investor Presentation

 

Loungers plc (LSE: LGRS), a leading operator of all day café/bar/restaurants
across the UK under the Lounge, Cosy Club and Brightside brands, will be
hosting an investor presentation relating to its preliminary results for the
53 weeks ended 21 April 2024.

Nick Collins, CEO, and Stephen Marshall, CFO, will be hosting the live
presentation with Equity Development at 13.00 on Friday 12(th) July 2024.

The online event is open to all existing and potential shareholders, and
registration is free. Questions can be submitted during the presentation to be
addressed at the end. Participants can submit their feedback after the event
to help the company build an understanding of the views of all shareholders.

 

To register for the presentation, please visit: Loungers Group Presentation -
sign up
(https://www.equitydevelopment.co.uk/news-and-events/loungers-investorpresention-12july2024)

 

A recording of the presentation will be available after the event on
the Equity Development website
(https://www.equitydevelopment.co.uk/research/tag/loungers) 's Loungers plc
page.

 

 

For further information please contact:

 

 

 Equity                                                                                                                                    Tel: +44 (0) 20 7065 2692
 Development

                                                                                                                                         info@equitydevelopment.co.uk (mailto:info@equitydevelopment.co.uk)
 Hannah Crowe / Rachel Hayes

                                                                                                                                         Via Powerscourt
 Loungers plc

 Nick Collins, Chief Executive Officer

 Stephen Marshall, Chief Financial Officer
 Houlihan Lokey UK Limited (Financial Adviser and NOMAD)                                                                                   Tel: +44 (0) 20 7484 4040

 Sam Fuller / Tim Richardson
 Liberum Capital Limited (Joint Broker)                                                                                                    Tel: +44 (0) 20 3100 2000

 Andrew Godber / John Fishley
 Peel Hunt LLP (Joint Broker)                                                                                                              Tel:  +44 (0)20 7418 8900

 Dan Webster / George Sellar
 Powerscourt (Financial Public Relations)                                                                                                  Tel: +44 (0) 207 250 1446

 Rob Greening / Nick Hayns / Elizabeth Kittle

 

Notes to Editors

Loungers operates through its three established complementary brands - Lounge,
Cosy Club and Brightside - 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 226 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.

Brightside is a roadside dining concept and was launched in November 2022. The
first Brightside location opened on the A38, south of Exeter, in February
2023, with the second opening in Saltash near Plymouth in June 2023 and the
third in Honiton on the A303 in August 2023.

 

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