REG - Revel Collective PLC - Notice of intention to appoint Administrators

Revel CollectiveAnnouncement

26/01/2026 12:45

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RNS Number : 3961Q  Revel Collective PLC (The)  26 January 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

FOR IMMEDIATE RELEASE

26 January 2026

 

The Revel Collective Plc

("TRC" or the "Company")

Notice of intention to appoint Administrators

The Revel Collective plc, a leading operator of premium bars and gastro pubs,
trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands
confirms that, further to the announcement on 19 December 2025, and following
discussions with the Company's secured lender, the Board has resolved to file
a notice of intention to appoint administrators to the Company and certain of
its subsidiaries.

 

As noted in the previous announcement, the Board has been actively pursuing
the Formal Sale Process to identify an acquirer or acquirers for the business.
Those discussions are well advanced, and the Board anticipates a further
announcement in the coming days.

 

Since the transactions being contemplated are not expected to deliver any
return to shareholders the Board has resolved to take action to protect
creditors. Unless circumstances change, and in accordance with statutory
requirements, the Board intends to appoint administrators within 10 business
days.

 

The business will continue to trade and the Company will continue to work
alongside advisers in order to preserve as much value as possible for all
stakeholders as it advances a potential sale of all or parts of the business.

 

Further announcements will be made as appropriate.

 

Temporary Suspension of Trading on AIM

Trading in the Company's ordinary shares on AIM remains suspended pending
further notice. It is considered very unlikely that trading will be restored
ahead of administrators being appointed.

 

Enquiries:

 The Revel Collective Plc                                                        Tel: 0161 330 3876
 Rob Pitcher, CEO
 Matthew Fowler, CFO

 Cavendish Capital Markets Limited (Financial and Rule 3 Adviser, Nominated
 Adviser and Broker)
 Matt Goode / Teddy Whiley (Corporate Finance)                                   Tel: +44 (0) 20 7220 0500

 Tim Redfern (Corporate Broking)

 FTI Consulting (M&A Adviser)                                                    Tel: +44 (0) 20 3727 1000
 Iain Reilly

 Marcus Cheng

                                         Tel: +44 (0) 20 7802 2617

 Team Lewis (Financial PR)

 Justine Warren / Tim Pearson

 

The person responsible for arranging release of this information on behalf of
the Company is Rob Pitcher, CEO.

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