REG - Loungers PLC - Publication of Annual Report & Notice of AGM

LoungersAnnouncement

30/08/2024 16:30

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RNS Number : 3854C  Loungers PLC  30 August 2024

30 August 2024

Loungers plc

("Loungers" or the "Company")

Publication of Annual Report & Accounts and Notice of Annual General
Meeting

Loungers, a leading operator of all day café / bar / restaurants across the
UK  under the Lounge, Cosy Club and Brightside brands, announces that its
Annual Report and Accounts for the 53 weeks ended 21 April 2024 (the "Annual
Report") and the Notice of the 2024 Annual General Meeting (the "Notice") are
now available on the Company's website at www.loungers.co.uk
(http://www.loungers.co.uk) .

Copies of the Annual Report and the Notice have been posted to shareholders
who have requested to receive communications in printed form.

The Company's 2024 Annual General Meeting ("AGM") will be held on Tuesday 8
October at 3pm. Shareholders are invited to attend the meeting in person at
Ritorno Lounge, Unit 3, V-Shed, Canon's Rd, Bristol, BS1 5UH, or may refer to
the Notice for details on how to vote by proxy.

 

For further information please contact:

 

 Loungers plc                                                   Via Sodali

 Nick Collins, Chief Executive Officer

 Stephen Marshall, Chief Financial Officer

 Houlihan Lokey Advisory Limited (Financial Adviser and NOMAD)  Tel: +44 (0) 20 7484 4040

 Sam Fuller / Tim Richardson

 Liberum Capital Limited (Joint Broker)                         Tel: +44 (0) 20 3100 2000

 Andrew Godber / John Fishley

 Peel Hunt LLP (Joint Broker)                                   Tel:  +44 (0)20 7418 8900

 Dan Webster / Lalit Bose

 Sodali & Co (Financial Public Relations)                       Tel: +44 (0) 207 100 6451

 Rob Greening / Russ Lynch / Elizabeth Kittle

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 231 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 36 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, the second in Saltash near Plymouth in June 2023, with the third site
having opened in Honiton on the A303 in August 2023.

 

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