Posting of Annual Report and notice of AGM

RNS Number : 1362N

Loungers PLC

20 September 2019

 

Loungers plc

("Loungers" or the "Company")

Posting of Annual Report and notice of Annual General Meeting

Loungers, the operator of 156 café / bar / restaurants across England and Wales which trade under the Lounge and Cosy Club brands, announces that its report and accounts for the 52 weeks ended 21 April 2019 (the "Annual Report") is being posted to shareholders today and is also being made available on the Company's website www.loungers.co.uk

The Annual Report contains notice of the Company's Annual General Meeting, which will be held at Cosy Club Guildford, 14 Tunsgate Quarter, Guildford, GU1 3QY, at 2pm on 16 October 2019.

20 September 2019

For further information please contact:

Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer	Via Instinctif Partners
GCA Altium Limited (Financial Adviser and NOMAD) Sam Fuller / Katherine Hobbs / Tim Richardson	Tel: [phone]
Instinctif Partners (Financial Public Relations) Justine Warren / Matthew Smallwood	Tel: [phone]

Notes to Editors

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.  As at 19 September, there were 130 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 bars/restaurants 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.  As at 19 September, there were 26 Cosy Clubs nationwide.

 

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