VARIOUS EATERIES PLC
("Various Eateries" or "the Company"
and with its subsidiaries "the Group")
Board Change
Various Eateries PLC, the owner, developer and operator of clubhouse, restaurant and hotel sites in the United Kingdom, announces that Yishay Malkov has agreed his resignation with the Board. He will step down from his role as director and Chief Executive Officer of the Company, and resign from all directorships in respect of Various Eateries companies with immediate effect. Despite his resignation, Yishay will be available to the Various Eateries team over the coming months to ensure a smooth transition period.
Andy Bassadone will continue to lead the Group in his role as Executive Chairman with a strong focus on the growing Noci brand, while Rebecca Tooth will continue as Managing Director of Coppa Club.
Commenting, Andy Bassadone, Executive Chairman, said:
"Yishay has shepherded the Company through the toughest three years that I have seen in this industry in my entire career. On behalf of the whole Various Eateries team, I would like to thank him for his dedication and tireless hard work over this period and wish him well for the future."
Enquiries
| Various Eateries plc | | Via Alma PR |
| Andy Bassadone | Executive Chairman | |
| | | |
| WH Ireland Limited | Sole Broker and NOMAD | Tel: +44 (0)20 7220 1666 |
| Broking Harry Ansell | | |
| Nominated Adviser Katy Mitchell | | |
| | | |
| Alma PR | Financial PR | Tel: +44 (0)20 3405 0205 |
| David Ison | | variouseateries@almapr.co.uk |
| Rebecca Sanders-Hewett | | |
About Various Eateries
Various Eateries owns, develops and operates restaurant, clubhouse and hotel sites in the United Kingdom. The Group's stated mission is "great people delivering unique experiences through continuous innovation".
The Group is led by a highly experienced senior team including Andy Bassadone (Executive Chairman), Hugh Osmond (Founder) and Sharon Badelek (Chief Financial Officer).
The Group operates three core brands across 18 locations:
| · | Coppa Club, a multi-use, all day concept that combines restaurant, terrace, café, lounge, bar and work spaces |
| · | Tavolino, a restaurant aiming to address a gap in the market for high-quality Italian food at mid-market prices |
| · | Noci, a modern, neighbourhood pasta-only concept which serves very high-quality dishes at reasonable prices |
For more information visit www.variouseateries.co.uk
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