BigDish PLC BigDish Signs Partnership With Oceanic Media (5595F)

TIDMDISH

RNS Number : 5595F

BigDish PLC

16 July 2019

16 July 2019

BigDish Plc

("BigDish" or the "Company")

BigDish Signs Exclusive Partnership With Oceanic Media

BigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, is pleased to announce today it has signed an exclusive partnership with Oceanic Media Ltd.

Oceanic Media has hosted Restaurant Awards across the United Kingdom since 2007 and will host sixteen national and regional awards from September 2019 to August 2020. Oceanic will promote BigDish via various marketing channels to over 3,500 restaurants across the United Kingdom that receive nominations and to the thousands of people that nominate restaurants for awards. BigDish will also receive introductions to finalists during the period leading up to each event which is expected to increase restaurant acquisition. BigDish will also be the exclusive restaurant booking platform sponsor at each event. The sixteen events are outlined below:

The Restaurant Awards England - September 2019 (Midlands)

Pub Awards Scotland - September 2019 (Glasgow)

London Asian Food Awards - October 2019 (London)

Food Awards England - October 2019 (Manchester)

Welsh Asian Food Awards - November 2019 (Cardiff)

Scottish Asian Food Awards - November 2019 (Glasgow)

Restaurant Awards Wales - November 2019 (Cardiff)

English Asian Food Awards - February 2020 (Manchester)

Food Awards Northern Irelands - March 2020 (Belfast)

Welsh Pub Awards - March 2020 (Cardiff)

Scottish Curry Awards - April 2020 (Glasgow)

Restaurant Awards Scotland - April 2020 (Glasgow)

Food Awards Wales - May 2020 (Cardiff)

London Curry Awards - May 2020 (London)

English Curry Awards - August 2020 (Birmingham)

Food Awards Scotland - August 2020 (Glasgow)

The majority of restaurants that receive nominations are independent restaurants. This further supports BigDish's current strategy of initially targeting independent restaurants before targeting chain restaurants.

Sanj Naha, CEO commented:

"The partnership with Oceanic Media will support our national rollout with the introduction of thousands of great restaurants across the country to BigDish. This will raise the profile of BigDish across the restaurant industry throughout the United Kingdom, which will in turn assist new incoming Territory Managers. I fully expect that this partnership will significantly increase the pace of restaurant adoption from September onwards across the United Kingdom.

"The summer is a busy period for BigDish with the focus on recruitment both in the United Kingdom and in Manila. I will be travelling to Asia next month to strategize with the team on key functions such as product development and customer support.

"After having been an integral part of building two restaurant booking platforms in my previous roles, it is important that shareholders gain a sense of the bigger picture of the journey that we are on. I would like to repeat what I previously stated, that 'the platform, as it stands today, will be unrecognisable by 2021'.

"The other piece of exciting news is that we will shortly see our first restaurant group trial BigDish. Group restaurants typically start with a single location trial with a view to progressing to the pilot project phase followed by a full rollout should the pilot phase be successful. I have extensive experience with group restaurants and expect to see significant numbers join our platform in due course. This rollout will also in turn be accelerated by the Territory Managers. It is by design that we have started with independent restaurants in order to have a variety of cuisines and restaurants."

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR")

Enquiries:

 
 Zak Mir, Digital Communications 
  Officer                           [phone] 
 

Notes to Editors

BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry, including a mobile App.

The Company helps restaurants in the UK fill their spare capacity and optimise their revenues through smart and dynamic discounts. Consumers can access these via the BigDish App and website platforms. Restaurants pay BigDish a fee per diner seated.

BigDish is fully committed to delivering shareholder value to its stakeholders through this model and is actively seeking to expand across the UK. An expansion strategy has been outlined which divides the UK into territorial target areas.

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 [e-mail] or visit www.rns.com.

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July 16, 2019 02:00 ET (06:00 GMT)