4 July
2024
Loungers
plc
('Loungers' or the 'Company')
Notice of Equity Development
Investor Presentation
Loungers plc (LSE: LGRS), a
leading operator of all day café/bar/restaurants across the UK
under the Lounge, Cosy Club and Brightside brands, will be hosting
an investor presentation relating to its preliminary
results for the 53 weeks ended 21 April 2024.
Nick Collins, CEO, and Stephen
Marshall, CFO, will be hosting the live presentation with Equity
Development at 13.00 on Friday 12th July
2024.
The online event is open to all
existing and potential shareholders, and registration is free.
Questions can be submitted during the presentation to be addressed
at the end. Participants can submit their feedback after the event
to help the company build an understanding of the views of all
shareholders.
To register for the presentation,
please visit: Loungers
Group Presentation - sign up
A recording of the presentation will
be available after the event on the Equity
Development website's Loungers
plc page.
For
further information please contact:
|
Equity
Development
Hannah Crowe / Rachel
Hayes
Loungers plc
Nick Collins, Chief Executive
Officer
Stephen Marshall, Chief Financial
Officer
|
Tel: +44 (0) 20 7065 2692
info@equitydevelopment.co.uk
Via Powerscourt
|
|
Houlihan Lokey UK Limited (Financial Adviser and
NOMAD)
Sam Fuller / Tim
Richardson
|
Tel: +44 (0) 20 7484 4040
|
|
Liberum Capital Limited (Joint Broker)
Andrew Godber / John
Fishley
|
Tel: +44 (0) 20 3100 2000
|
|
Peel Hunt LLP (Joint Broker)
Dan Webster / George
Sellar
|
Tel: +44 (0)20 7418 8900
|
|
Powerscourt (Financial Public Relations)
Rob Greening / Nick Hayns /
Elizabeth Kittle
|
Tel: +44 (0) 207 250 1446
|
Notes to Editors
Loungers operates through its three
established complementary brands - Lounge, Cosy Club and Brightside
- 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 226 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. There are 35
Cosy Clubs nationwide.
Brightside is a roadside dining
concept and was launched in November 2022. The first Brightside
location opened on the A38, south of Exeter, in February 2023, with
the second opening in Saltash near Plymouth in June 2023 and the
third in Honiton on the A303 in August 2023.