Cafe-bar operator Loungers is to float on London’s junior market this month, as it targets a new phase of growth including a raft of site openings. Cafe-bar operator Loungers is to float on London’s junior market this month, as it targets a new phase of growth including a raft of site openings. Loungers to join stock market as new growth targetedFounded in 2002, the chain now trades from 122 individually named Lounges nationwide, as well as 24 Cosy Clubs. Chief executive Nick Collins said the stock market debut would provide the group with an appropriate capital structure to pursue its expansion plans. Loungers is the only growing all-day operator of scale within the UK hospitality sector Chief executive Nick Collins “Loungers is the only growing all-day operator of scale within the UK hospitality sector” https://www.independent.ie/world-news/loungers-to-join-stock-market-as-new-growth-targeted-37970365.html “Loungers is the only growing all-day operator of scale within the UK hospitality sector” https://www.independent.ie/world-news/loungers-to-join-stock-market-as-new-growth-targeted-37970365.html“Loungers is the only growing all-day operator of scale within the UK hospitality sector,” said Mr Collins.

Source: Irish Independent April 01, 2019 07:52 UTC