REG - Loungers PLC - Publication of Annual Report & Notice of AGM

LoungersAnnouncement

01/09/2023 17:00

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RNS Number : 1800L  Loungers PLC  01 September 2023

1 September 2023

Loungers plc

("Loungers" or the "Company")

Publication of Annual Report & Accounts and Notice of Annual General
Meeting

Loungers, a leading operator of all day café / bar / restaurants across the
UK  under the Lounge, Cosy Club and Brightside brands, announces that its
Annual Report and Accounts for the 52 weeks ended 16 April 2023 (the "Annual
Report") and the Notice of the 2023 Annual General Meeting (the "Notice") are
now available on the Company's website at www.loungers.co.uk
(http://www.loungers.co.uk) .

Copies of the Annual Report and the Notice have been posted to shareholders
who have requested to receive communications in printed form.

The Company's 2023 Annual General Meeting ("AGM") will be held on Friday, 13
October 2023 at 2pm. Shareholders are invited to attend the meeting in person
at Armada House, Telephone Avenue, Bristol BS1 4BQ ormay refer to the Notice
for details on how to vote by proxy.

 

For further information please contact:

 

 Loungers plc                                             Via Powerscourt

 Nick Collins, Chief Executive Officer

 Gregor Grant, 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 two established 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 199 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 Brightside location opened on the A38,
south of Exeter, in February 2023, the second in Saltash near Plymouth in
June 2023, with the third site having opened in Honiton on the A303 in August
2023.

 

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