Notice of Investor Meets Company Presentation

RNS Number : 9663H

Loungers PLC

29 November 2022

 

29 November 2022

Loungers plc
("Loungers" or "the Company")

Notice of Investor Meets Company Investor Presentation

Loungers plc (LSE: LGRS), a leading operator of all-day café/bar/restaurants across the UK under the Lounge and Cosy Club brands , will be hosting an investor presentation relating to its interim results for the 24 weeks ended 2 October 2022 on the afternoon of Monday 5 December 2022.

Nick Collins, CEO, and Gregor Grant, CFO, will be hosting the live presentation via the Investor Meet Company platform at 12.30pm GMT. The presentation is open to all existing and potential shareholders.

Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00am GMT the day before the meeting, or any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Loungers via the following link: https://www.investormeetcompany.com/loungers-plc/register-investor

Investors who already follow Loungers on the Investor Meet Company platform will automatically be invited.

For further information, please contact:  

Powerscourt	[phone]
Rob Greening / Nick Hayns / Elizabeth Kittle	l oungers @powerscourt-group.com
Houlihan Lokey, Inc. (Financial Adviser and NOMAD)	[phone]
Sam Fuller / Tim Richardson
Liberum Capital Limited (Joint Broker)	[phone]
Andrew Godber / John Fishley
Peel Hunt LLP (Joint Broker)	[phone]
Dan Webster

About Loungers

Loungers operates through its two 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 175 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 restaurant-bars 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 is scheduled to open on the A38, south of Exeter, in February 2023, with a further two to open in early FY24. In time, Loungers believes there is scope to develop a truly national brand.

 

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