Restaurant Group PLC Completion Of The Acquisition Of Wagamama (4298L)
December 24 2018 - 4:03AM
UK Regulatory
TIDMRTN
RNS Number : 4298L
Restaurant Group PLC
24 December 2018
24 December 2018
THE RESTAURANT GROUP PLC
COMPLETION OF THE ACQUISITION OF WAGAMAMA
The Restaurant Group plc ("TRG" or the "Company") is pleased to
announce the completion of the acquisition of the entire issued
share capital of Mabel Topco Limited ("Wagamama"), the holding
company of a group that owns and operates the Wagamama restaurant
business ("Completion").
Further to the announcement made by the Company on 30 October
2018, Allan Leighton has joined the board of directors of TRG as a
Non-Executive Director with effect from Completion. Allan will be a
member of both the Audit and Nomination Committees of TRG. Allan is
currently Chairman of Co-operative Group Limited and Entertainment
One Limited, among others, and has previously been Chief Executive
Officer of ASDA Group Limited and Pandora A/S and Chairman of Pace
plc and Royal Mail.
Debbie Hewitt MBE, Chairman of the Company said:
"We'd like to thank all shareholders for their engagement in
this process and we look forward to delivering the benefits of the
acquisition. We welcome all Wagamama colleagues and thank them and
all of our colleagues at the Restaurant Group for their continued
focus on our customers during this busy period.
We are delighted to welcome Allan to our Board. He brings
significant knowledge of the sector, and of the Wagamama team and a
wealth of experience in growing consumer businesses."
For further details please contact:
The Restaurant Group plc Tel: +44(0) 203 117 5001
Debbie Hewitt MBE, Chairman
Andy McCue, Chief Executive Officer
Kirk Davis, Chief Financial Officer
MHP Communications (Financial PR Tel: +44(0) 203 128 8742
adviser)
Oliver Hughes / Andrew Jaques
Simon Hockridge / Alistair de Kare-Silver
Notes
No further details remain to be disclosed for Allan Leighton's
appointment as required under Rule 9.6.13 of the Listing Rules.
The Company notes that, on 29 November 2018, in error,
290,430,689 New Ordinary Shares, rather than 290,428,830 New
Ordinary Shares, were admitted to listing on the premium listing
segment of the Official List and to trading on the London Stock
Exchange's main market for listed securities. The figure of
290,428,830 New Ordinary Shares reflects the elimination of
fractions. For the avoidance of doubt, 290,428,830 New Ordinary
Shares have been issued and allotted by the Company in connection
with the Rights Issue, and all announcements made by the Company in
relation to its total share capital and voting rights have been and
continue to be correct. As such, as at today's date, the Company's
issued share capital consists of 491,496,230 ordinary shares with a
nominal value of 28.125 pence each. The Company holds no ordinary
shares in treasury. Capitalised terms used in this paragraph have
the meaning given to them in the combined circular and prospectus
of the Company dated 12 November 2018.
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END
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