Legal Proceedings Report • Jun 8, 2020
Legal Proceedings Report
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National Storage Mechanism | Additional information
RNS Number : 1819P
Restaurant Group PLC
08 June 2020
Response to Press Speculation
The Restaurant Group plc ("TRG") notes recent press comment.
As is widely understood our industry is facing exceptional challenges in what is an unprecedented operating environment. The casual dining sector was already facing significant challenges prior to the onset of Covid-19, with overcapacity and significant cost pressures.
In order to meet both the immediate challenges and to build a post-lockdown business with a sustainable future, we are in discussions with our landlords regarding potential restructuring options for our Leisure estate. Our Wagamama, Airport Concessions and Pub operations are not affected by these discussions.
A further announcement will be made as and when appropriate.
Enquiries:
| The Restaurant Group plc Andy Hornby, Chief Executive Officer Kirk Davis, Chief Financial Officer Umer Usman, Investor Relations |
0203 117 5001 |
| MHP Communications (Financial PR adviser) Oliver Hughes/ Simon Hockridge |
07885 224 532/ 07709 496 125 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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