Completion of Acquisition

RNS Number : 9475L

Ten Entertainment Group PLC

24 April 2018

 

Ten Entertainment Group plc

Completion of Acquisition of Two Sites

Further to its announcement on 19 April 2018 relating to the acquisition of two further sites in Leeds and Luton ('the Sites'), Ten Entertainment Group plc ('the Group') is pleased to announce that following completion of all outstanding conditions, the Group has today completed the acquisition of the Sites.

As previously announced, the acquisition of the Sites has grown the Group's total estate to 44 sites, with four new units being added to its estate to date in FY18 as per the Group's guidance of two to four acquisitions a year.

In keeping with the standard practice, both of these units will now benefit from significant investment as a result of the 'Tenpinisation' process, bringing the operations, systems and technology and customer experience up to the market-leading standards of the Group's wider estate.

24 April 2018

Enquiries:

Ten Entertainment Group plc	via Instinctif Partners
Alan Hand, Chief Executive Officer
Mark Willis, Chief Financial Officer
Instinctif Partners
Matthew Smallwood	Tel: [phone]
Tom Berger

 

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