Various Eateries PLC Board Change (9390L)

TIDMVARE

RNS Number : 9390L

Various Eateries PLC

11 September 2023

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                                Via Alma PR 
 plc 
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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September 11, 2023 02:00 ET (06:00 GMT)

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