Revolution Bars Group suspends share trading due to delayed 2H 2021 interim results; explores strategic options, including potential sale or closure of 20 bars.
Revolution Bars Group has suspended trading of its shares on the London Stock Exchange due to delayed publication of interim results for the second half of 2021. The company, which owns 58 bars and 22 gastro pubs, is exploring strategic options to improve its financial position, including a possible sale, restructuring, or closure of around 20 bars (approximately a quarter of its total) amidst challenging trading conditions and disproportionate impacts on its younger customer base due to the higher cost of living.
April 02, 2024
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