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RTN Restaurant Group Plc

64.80
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Restaurant Group Plc RTN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 64.80 01:00:00
Open Price Low Price High Price Close Price Previous Close
64.80
more quote information »
Industry Sector
TRAVEL & LEISURE

Restaurant RTN Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 22/12/2023 16:10 by adobbing
CORPORATE ACTION NOTICE
30 November 2023

Scheme of Arrangement

Effective date: 21st December 2023

Terms: GBP0.65 in cash for each Restaurant Group Plc

Pay date: 4th January 2024

Restaurant Group Plc has entered into a Scheme of Arrangement with Rock Bidco Limited effective from 21st December 2023. Under the terms of the Scheme, holders will be issued with GBP0.65 in cash for each Restaurant Group Plc share held.
Payment will be issued to entitled shareholders accounts upon receipt from the company.
Your account will be updated upon receipt of the proceeds but in some circumstances there may be delays in the proceeds being credited to us. Please allow 10 working days for your account to be updated.
Special Notes
Limit Order: If you have placed a Limit Order or Stop Order in respect of a financial instrument that has been affected by a corporate action we may, but are not required to, cancel the pending order.
Book Costs: We cannot guarantee that book costs will be updated in line with rules for all jurisdictions. You are encouraged to review and adjust your book costs after the corporate action has taken place in accordance with your personal circumstances prior to making any investment decisions.
Reinvestments: If you have elected for Dividend Reinvestments, your preferences may be lost as a result of a Corporate Action; if this occurs you will need to update your preferences in order to continue using the Dividend Reinvestment Service. You can do this Online or over the Telephone.
Posted at 11/9/2023 08:20 by grafter
Bloomberg - 'RTN looking very appetising today'
Posted at 06/9/2023 08:05 by the imperialist
Great results. Institutional money should continue to poor into RTN now. Enjoy the ride.
Posted at 31/5/2023 17:48 by adobbing
@ali47fish

If you don’t know what relevance it is to RTN, what are you doing posting here?
Posted at 31/5/2023 15:25 by ali47fish
addobbing what's all this and what relevance to rtn
Posted at 07/3/2023 18:04 by libertine
Activist hedge fund threatens removal of The Restaurant Group CEO
March 7, 2023

Activist hedge fund Oasis Capital Management has reportedly delivered an ultimatum to London-listed The Restaurant Group (TRG) – overhaul the company or fire the CEO, according to a report by the Financial Times on Tuesday.

The report, citing two people familiar with the matter, said that Oasis was pressuring the British hospitality group to shake up the business or oust its owner after the Hong Kong-based hedge fund previously expressed its disappointment in how TRG was handling the business.

The Restaurant Group’s RTN, +0.67% stock remained stagnant on Tuesday morning in London, moving down just 0.22%. The shares have struggled to recover from the height of the pandemic, which saw many of its restaurants closed for a number of months, slumping 57% since early 2020 and declining 37% in the last 12 months.

The Restaurant Group is one of the U.K’s biggest casual dining operators, owning over 400 venues across brands such as Japanese-inspired restaurant Wagamama and Italian-American chain Frankie & Benny’s. The group will publish its full-year results on Wednesday.

Last month, the group rejected Oasis’s demand for a seat on the board after declaring a 6.5% stake in the company. Oasis accused the group at the time of having “one of the worst performing share prices of any U.K. leisure company.” It also demanded TRG lead a strategic review of the business by an independent lender, which the group also rejected.

According to one source by the Financial Times, Oasis wants to pressure TRG into a position where it can ““reduce debt, reduce interest, resume dividends…R01;get a higher stock rating, better market cap [and] attract better people.”

Oasis did not immediately respond to a request for comment and TRG declined to comment.
Posted at 21/1/2023 10:12 by shaan449
Activist investment fund Oasis has bought 5% in RTN mentioned in today's Daily Telegraph.
Posted at 08/10/2022 18:24 by mrsimmons
BUT - the Balance Sheet is awash with intangibles such as goodwill and right to use asets. If you dig down into the Notes, you will see RTN is vulnerable to some pretty horrible impairmant charges if consumer spending drops off and/or price inflation goes unchecke

This is Irrelevant pal. Completely irrelevant.
Posted at 30/9/2022 13:04 by nav_mike
Was looking through the last results to see what could have justified this latest slump with a view to perhaps getting invested

On the face of it management have taken prudent steps to preserve capital and hedge interest rates and electricity bills.

BUT - the Balance Sheet is awash with intangibles such as goodwill and right to use asets. If you dig down into the Notes, you will see RTN is vulnerable to some pretty horrible impairmant charges if consumer spending drops off and/or price inflation goes unchecked

Think I will sit and watch for a turnaround in the share price 1st
Posted at 10/5/2022 16:44 by mashman
John 09 there is a good chance this will retest 20p. There is simply nothing going for it at the moment. The only way to make any money is to sell IMO.
instead of going duh yer lol why don't you discuss RTN

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