Notice of interim results and Exeter opening

RNS Number : 2067C

Nightcap PLC

21 February 2022

 

21 February 2022

Nightcap plc

("Nightcap" or the "Company" or the "Group")

Notice of interim results

and

Exeter opening

Nightcap (AIM: NGHT), the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, announces that it expects to announce its interim results for the 26 weeks ended 26 December 2021, on 14 March 2022.

Nightcap is also pleased to announce the next of a number of additional planned bar openings in 2022.  In early April 2022 the Group will open The Cocktail Club in Exeter. This bar opening follows the announcement, in January 2022, of the signing of a new Tonight Josephine bar in Cardiff, which too is planned to open in early April 2022.

The latest opening for The Cocktail Club, which is located at 23 Gandy Street, Exeter, EX4 3LS, covers an area of approximately 3,400 square feet with a 2:00 a.m. license Monday to Sunday.  The site will have an unrestricted capacity of 200.

In addition to these two new openings, and alongside its existing 27 sites, Nightcap has a further 24 premises under offer or in legal negotiations and continues to see favourable market conditions for site acquisitions across the country.

Sarah Willingham, Chief Executive Officer of Nightcap, commented:

"I am delighted that we continue to execute on our growth strategy with the latest signing in Exeter for The Cocktail Club brand - the fourth opening and third outside of London since Nightcap acquired The Cocktail Club just over a year ago.  Our plans to significantly increase our footprint in the West Country are progressing well and we expect to be able to announce the signing of at least a further two additional sites in this part of the country in the coming weeks.  This is the second of many planned openings across our brands scheduled for this calendar year as we look to significantly increase the size of the estate.

"I am so proud of the hard work all the teams are putting in to be able to execute on our growth plans and I look forward to updating investors on our progress in the current financial year when we announce our interim results on 14 March 2022." 

For further enquiries:

Nightcap plc Sarah Willingham-Toxvaerd / Toby Rolph / Gareth Edwards	[e-mail]
Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor / Alex Brearley / Piers Shimwell (Corporate Finance) Matt Butlin / Amrit Nahal / Tony Quirke (Sales and Corporate Broking)	[phone] www.allenbycapital.com
Bright Star Digital (PR) Pam Lyddon	https://www.brightstardigital.co.uk/ [phone] [e-mail]

 

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