London Stock
Coverage of share price movements, investor updates, and market performance for publicly listed foodservice, hospitality, and F&B companies trading on the London Stock Exchange. This section delivers insight into financial results, growth forecasts, leadership statements, and macroeconomic factors influencing valuation, supporting operators, executives, and industry stakeholders who monitor market sentiment and strategic direction across the UK’s listed hospitality sector.
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Mar- 2021 -31 MarchBusiness
Deliveroo sees shares fall by 30% in market debut
Shares in Deliveroo sank by as much as 30% as it made its London Stock Market debut, going as low as 275p per share and wiping over £2bn off its valuation In a market announcement this morning, Deliveroo said the offer price has been set at £3.90 per share, equating…
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22 MarchApps & Technology
Deliveroo set for biggest London flotation in 10 years
Deliveroo has announced that it is expecting its stock flotation to value the firm at up to £8.8bn, which would make it the biggest London stock market debut in ten years. In a trading update, the food delivery company revealed that it is continuing to benefit from consumers ordering food…
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16 MarchPubs and Bars
Nightcap racks up over £300,000 in lockdown costs
Nightcap has announced that it incurred costs of £318,342 for Q4 of 2020, with the group unable to offset the losses with any turnover. The group, owned by Sarah Willingham, completed its first acquisition of London Cocktail Club (LCC) on 13 January 2021, after the period ended. Therefore, Nightcap acted…
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11 MarchPubs and Bars
Mitchells and Butlers finalises £350m cash injection
Mitchells and Butlers has confirmed the completion of a £350m funding round, as shareholders raised vital cash for the group. The owner of All Bar One and Toby Carvery has raised £350.5m through the upcoming issuing of 167 million new shares in an open offer. The funding will be used…
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8 MarchBusiness
Deliveroo losses narrow to £233.7m ahead of London float
Deliveroo has revealed a narrowing of its losses to £233.7m during 2020 while also confirming its London stock market floatation. The food delivery app gave prospective investors an insight into its financial performance today (8 March, as part of the launch of its Initial Public Offering (IPO). Its trading update showed…
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5 MarchFood and Drink
Deliveroo outlines potential £5bn London float
Deliveroo has announced plans for a future listing on the London Stock Exchange that could fetch a value of £5bn. The food delivery company has chosen to float on the London market due to its roots in the English capital. The firm was founded in 2013 by Will Shu, now…
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Jan- 2021 -6 JanuaryFood and Drink
Greggs predicts first annual loss in 37 years
Greggs has forecast a £15m full-year financial loss due to Covid-19 restrictions closing its stores and reducing revenues. The bakery chain’s annual sales dropped by more than £300m year-on-year in 2020, resulting in the company’s first annual loss since it listed on the London Stock Exchange in 1984. The company’s…
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Sep- 2020 -25 SeptemberRestaurants
Various Eateries raises £25m in AIM listing
Various Eateries has confirmed it has raised £25m by way of a placing of 34,246,576 new Ordinary Shares with institutional and other investors at a price of 73p per Ordinary Share, during its first day of trading on the AIM market of the London Stock Exchange. Various Eateries said its…
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10 SeptemberRestaurants
Various Eateries announces intention to float
Restaurant Group Various Eateries has revealed its intention to launch a public offering on the London Stock Exchange seeking to raise around £25m. The group operates two restaurant brands across ten locations – Coppa Club, an all-day clubhouse offer in prime locations throughout London and the South-East and Tavolino, a…
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Apr- 2020 -2 AprilRestaurants
Sandpiper terminates purchase of The Guernsey Pub Company
Property development company Sandpiper has announced that its intended acquisition of The Guernsey Pub Company has now been “terminated”. The board of directors of Sandpiper said that due to the effects of Covid-19 to date and the “uncertainty surrounding its future effects”, it has been unable to fulfil the conditions…
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