REG - Restaurant Group PLC - Response to Press Speculation

RestaurantAnnouncement

08/06/2020 07:01

RNS Number : 1819P
  
Restaurant Group PLC
  
08 June 2020
  
 

 
8 June 2020
The Restaurant Group plc
 
 
Response to Press Speculation
 
The Restaurant Group plc ("TRG") notes recent press comment.
As is widely understood our industry is facing exceptional challenges in what is an unprecedented operating environment.  The casual dining sector was already facing significant challenges prior to the onset of Covid-19, with overcapacity and significant cost pressures.
In order to meet both the immediate challenges and to build a post-lockdown business with a sustainable future, we are in discussions with our landlords regarding potential restructuring options for our Leisure estate.  Our Wagamama, Airport Concessions and Pub operations are not affected by these discussions.
A further announcement will be made as and when appropriate.
Enquiries:
 



The Restaurant Group plc
Andy Hornby, Chief Executive Officer
Kirk Davis, Chief Financial Officer
Umer Usman, Investor Relations
 
 


 
0203 117 5001




MHP Communications (Financial PR adviser)
Oliver Hughes/ Simon Hockridge
 


07885 224 532/ 07709 496 125 



 
 
 


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