Tasty PLC Restructuring Plan - Update

RNS Number : 2059O

Tasty PLC

13 May 2024

 

13 May 2024

Tasty plc

("Tasty", the "Company" or the "Group")

 

Restructuring Plan  - Update  

 

Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, announces the following update on the Company's restructuring plan (the "Restructuring Plan").

 

Further to the announcement on 3 May 2024, the Company confirms that the first Court hearing (the "Convening Hearing") was held on 10 May 2024. It was ordered and directed at the Convening Hearing that the seven meetings of Plan Creditors are to be convened for the purpose of considering and, if thought fit, approving (with or without modification) the Restructuring Plan, and that these are to be held on 29 May 2024.

 

It was also confirmed at the Convening Hearing that the date for the second Court hearing to sanction the Restructuring Plan (the "Sanction Hearing") is to take place on 4 June 2024.

 

Further announcements will be made, as appropriate, in due course.

 

Enquiries:

 

Tasty plc Jonny Plant, Chief Executive	Tel: [phone]
Cavendish Capital Markets Limited Katy Birkin/George Lawson	Tel: [phone]

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

REPZZGMKMFLGDZM