Response to Press Speculation

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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