Duyuru • Apr 13
Various Eateries PLC (AIM:VARE) completed the acquisition of Portfolio of premium pubs with rooms of Grosvenor Pubs Trading Limited. Various Eateries PLC (AIM:VARE) entered into an asset purchase agreement to acquire Portfolio of premium pubs with rooms of Grosvenor Pubs Trading Limited for £11.3 million on March 6, 2026. The cash consideration payable on completion for the four sites is £11.25 million, subject to customary completion adjustments. Various Eateries expects to fund the Acquisition through new debt financing and existing resources. The Group has secured a £15 million debt facility with HSBC UK Bank Plc, comprising an £8 million three-year term facility with a seven-year amortisation profile and a £7 million revolving credit facility. Interest is payable at a margin over SONIA, with the margin stepping up or down depending on leverage, plus an arrangement fee. This facility is intended to be available at completion and will be used to part-fund the Acquisition and support the Group's wider growth and working capital requirements. Various Eateries does not intend to undertake an equity raise in connection with the Acquisition. The portfolio includes Wild Thyme & Honey in Cotswolds, The Hare & Hounds in Berkshire, The Stag on the River in Surrey and The Wellington Arms in Hampshire. The sites will continue to trade under their current names and identities. Various Eateries intends to preserve each venue's established positioning and what makes them distinctive. On completion, the acquired sites will form a third operating brand, The Linwood Collection, alongside the Group's existing brands Coppa Club and Noci. Various Eateries has also agreed terms to potentially acquire The Queen's Head in Surrey. The consideration for The Queen's Head will be agreed and paid on exchange and completion of that acquisition. On March 24, 2026, Various Eateries PLC has completed the acquisition from Grosvenor Pubs and Inns of three of the four sites comprised in the Acquisition. Completion of The Wellington Arms (Hampshire) remains subject to landlord consent in connection with the lease assignment process.
For the period ending December 28, 2025, Portfolio of premium pubs with rooms of Grosvenor Pubs Trading Limited reported total revenue of approximately £10.5 million and EBITDA of approximately £1.5 million.
The expected completion of the transaction is March 23, 2026, with a further agreement in place to potentially acquire a fifth site.
Antonio Bossi and Darshan Patel of Zeus Capital Limited acted as financial advisor for Various Eateries PLC.
Various Eateries PLC (AIM:VARE) completed the acquisition of Portfolio of premium pubs with rooms of Grosvenor Pubs Trading Limited on April 13, 2026. Duyuru • Mar 06
Various Eateries Holdings Limited Appoints Thi Hanh Jelf as Director, Effective March 2, 2026 Various Eateries Holdings Limited has announced the appointment of Mrs. Thi Hanh Jelf as Director, effective March 2, 2026. She is usually resident in England, was born in May 1973. Duyuru • Feb 14
Various Eateries PLC, Annual General Meeting, Mar 19, 2026 Various Eateries PLC, Annual General Meeting, Mar 19, 2026. Location: the swan at streatley, high street, streatley on thames, reading, berkshire, rg8 9hr, United Kingdom Reported Earnings • Feb 03
Full year 2025 earnings released: UK£0.016 loss per share (vs UK£0.02 loss in FY 2024) Full year 2025 results: UK£0.016 loss per share (improved from UK£0.02 loss in FY 2024). Revenue: UK£52.4m (up 5.8% from FY 2024). Net loss: UK£2.73m (loss narrowed 19% from FY 2024). Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Jan 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (UK£20.1m market cap, or US$27.0m). Duyuru • Oct 22
Various Eateries plc Provides Group Earnings Guidance for the 52-Week Period Ending 28 September 2025 Various Eateries PLC provided group earnings guidance for the 52-week period ending 28 September 2025. for the period, The Group expects full-year revenue of £52.4 million (2024: £49.5m), +6% year on year and ahead of current market expectations of £50.7 million. Reported Earnings • Jun 25
First half 2025 earnings released: UK£0.013 loss per share (vs UK£0.023 loss in 1H 2024) First half 2025 results: UK£0.013 loss per share (improved from UK£0.023 loss in 1H 2024). Revenue: UK£24.7m (up 8.7% from 1H 2024). Net loss: UK£2.24m (loss narrowed 42% from 1H 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Duyuru • May 07
Various Eateries PLC to Report First Half, 2025 Results on Jun 27, 2025 Various Eateries PLC announced that they will report first half, 2025 results on Jun 27, 2025 Recent Insider Transactions • Apr 06
Non-Executive Director recently bought UK£108k worth of stock On the 2nd of April, Hugh Osmond bought around 1m shares on-market at roughly UK£0.11 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Duyuru • Feb 14
Various Eateries PLC, Annual General Meeting, Mar 25, 2025 Various Eateries PLC, Annual General Meeting, Mar 25, 2025. Location: the offices of freeths llp, 1 vine street, mayfair, w1j 0ah, london United Kingdom Duyuru • Feb 06
Various Eateries PLC Auditor Raises 'Going Concern' Doubt Various Eateries PLC filed its Annual on Feb 04, 2025 for the period ending Sep 29, 2024. In this report its auditor, Hays & Company LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Feb 04
Full year 2024 earnings released: UK£0.02 loss per share (vs UK£0.081 loss in FY 2023) Full year 2024 results: UK£0.02 loss per share (improved from UK£0.081 loss in FY 2023). Revenue: UK£49.5m (up 8.8% from FY 2023). Net loss: UK£3.36m (loss narrowed 50% from FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. New Risk • Jan 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (UK£27.6m market cap, or US$33.7m). Duyuru • Nov 11
Various Eateries PLC Provides Group Earnings Guidance for the 52-Week Period Ending 29 September 2024 Various Eateries PLC provided group earnings guidance for the 52-week period ending 29 September 2024. for the period, group revenues are expected to be slightly ahead of current market expectations1 at £50.5 million (unaudited) (2023: £45.5 million). Reported Earnings • Jun 28
First half 2024 earnings released: UK£0.023 loss per share (vs UK£0.052 loss in 1H 2023) First half 2024 results: UK£0.023 loss per share (improved from UK£0.052 loss in 1H 2023). Revenue: UK£22.7m (up 10% from 1H 2023). Net loss: UK£3.86m (loss narrowed 10% from 1H 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Duyuru • May 16
Various Eateries PLC to Report First Half, 2024 Results on Jun 27, 2024 Various Eateries PLC announced that they will report first half, 2024 results on Jun 27, 2024 Reported Earnings • Feb 01
Full year 2023 earnings released: UK£0.081 loss per share (vs UK£0.088 loss in FY 2022) Full year 2023 results: UK£0.081 loss per share (improved from UK£0.088 loss in FY 2022). Revenue: UK£45.5m (up 12% from FY 2022). Net loss: UK£6.68m (loss narrowed 7.5% from FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Duyuru • Feb 01
Various Eateries PLC ProvideS Sales Guidance for the First Quarter of 2024 Various Eateries PLC provided sales guidance for the first quarter of 2024. Sales in the first quarter were in line with management expectations. New Risk • Jan 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 103% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Minor Risk Market cap is less than US$100m (UK£43.7m market cap, or US$55.4m). New Risk • Dec 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (UK£32.1m market cap, or US$40.3m). Duyuru • Dec 08
Various Eateries PLC has filed a Follow-on Equity Offering in the amount of £10 million. Various Eateries PLC has filed a Follow-on Equity Offering in the amount of £10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: £0.25
Transaction Features: Subsequent Direct Listing Duyuru • Dec 07
Various Eateries PLC has completed a Follow-on Equity Offering in the amount of £10.1 million. Various Eateries PLC has completed a Follow-on Equity Offering in the amount of £10.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,400,000
Price\Range: £0.25
Transaction Features: Subsequent Direct Listing Reported Earnings • Jun 29
First half 2023 earnings released: UK£0.052 loss per share (vs UK£0.031 loss in 1H 2022) First half 2023 results: UK£0.052 loss per share (further deteriorated from UK£0.031 loss in 1H 2022). Revenue: UK£20.6m (up 16% from 1H 2022). Net loss: UK£4.30m (loss widened 67% from 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Hospitality industry in the United Kingdom. Reported Earnings • Mar 01
Full year 2022 earnings released: UK£0.088 loss per share (vs UK£0.046 loss in FY 2021) Full year 2022 results: UK£0.088 loss per share (further deteriorated from UK£0.046 loss in FY 2021). Revenue: UK£40.7m (up 82% from FY 2021). Net loss: UK£7.22m (loss widened 93% from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Hospitality industry in the United Kingdom. Board Change • Nov 16
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). CEO & Director Yishay Malkov is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 23
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£3.23m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 25%, compared to a 25% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). CFO & Director Oli Williams is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: UK£0.046 loss per share (up from UK£1.16 loss in FY 2020). Revenue: UK£22.3m (up 36% from FY 2020). Net loss: UK£3.74m (loss narrowed 74% from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Jun 27
First half 2021 earnings released: UK£0.036 loss per share (vs UK£0.29 loss in 1H 2020) The company reported a poor first half result with weaker revenues, weaker control over costs and no improvement to losses. First half 2021 results: Revenue: UK£3.26m (down 71% from 1H 2020). Net loss: UK£3.23m (flat on 1H 2020). Reported Earnings • Mar 02
Full year 2020 earnings released: UK£1.16 loss per share (vs UK£1.08 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: UK£16.5m (down 36% from FY 2019). Net loss: UK£14.4m (loss widened 21% from FY 2019). Is New 90 Day High Low • Feb 22
New 90-day high: UK£0.80 The company is up 17% from its price of UK£0.68 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 13% over the same period. Is New 90 Day High Low • Feb 06
New 90-day high: UK£0.72 The company is up 11% from its price of UK£0.65 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 34% over the same period. Duyuru • Oct 01
Glyn Barker Appoints as Non-Executive Director of Various Eateries plc Glyn Barker, Non-Executive Chairman of The Berkeley Group Holdings plc, has been appointed as a Non-Executive Director of Various Eateries PLC. Duyuru • Sep 26
Various Eateries PLC has completed an IPO in the amount of £25 million. Various Eateries PLC has completed an IPO in the amount of £25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,246,576
Price\Range: £0.73
Transaction Features: Direct Listing Duyuru • Sep 25
Various Eateries PLC has filed an IPO in the amount of £25 million. Various Eateries PLC has filed an IPO in the amount of £25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Direct Listing