Company Announcements

13 November 2024

Loungers plc

Notice of Interim Results

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 announcing its interim results for the 24 weeks ended 6 October 2024 on the morning of Thursday 28 November 2024.

Alex Reilley, Chairman, Nick Collins, CEO, and Stephen Marshall, CFO, will be hosting an analyst briefing at 9.30am GMT that morning at the offices of Peel Hunt, 7th Floor, 100 Liverpool St, London EC2M 2AT.

For further information, please contact Sodali & Co on the details below.

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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 238 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, with the second opening in Saltash near Plymouth in June 2023 and the third in Honiton on the A303 in August 2023.

Loungers has a total of 277 sites in its portfolio across the three brands.