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REG - Tasty PLC - Restructuring Plan - Update

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RNS Number : 2059O  Tasty PLC  13 May 2024

13 May 2024

Tasty plc

("Tasty", the "Company" or the "Group")

 

Restructuring Plan  - Update

 

Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining
sector, announces the following update on the Company's restructuring plan
(the "Restructuring Plan").

 

Further to the announcement on 3 May 2024, the Company confirms that the first
Court hearing (the "Convening Hearing") was held on 10 May 2024. It was
ordered and directed at the Convening Hearing that the seven meetings of Plan
Creditors are to be convened for the purpose of considering and, if thought
fit, approving (with or without modification) the Restructuring Plan, and that
these are to be held on 29 May 2024.

 

It was also confirmed at the Convening Hearing that the date for the second
Court hearing to sanction the Restructuring Plan (the "Sanction Hearing") is
to take place on 4 June 2024.

 

Further announcements will be made, as appropriate, in due course.

 

Enquiries:

 

 Tasty plc                          Tel: 020 7637 1166

 Jonny Plant, Chief Executive

 Cavendish Capital Markets Limited  Tel: 020 7220 0500

 Katy Birkin/George Lawson

 

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