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IN BRIEF: Nightcap confirms new openings as trades ahead of forecasts

Nightcap PLC - London-based hospitality investment firm - Confirms the openings for its three ...

Alliance News 25 October, 2021 | 11:56AM
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Nightcap PLC - London-based hospitality investment firm - Confirms the openings for its three newest London Cocktail Club sites in Bristol, Reading and London throughout the month of November. The move follows continued strong trading ahead of management's expectations in recent months. The three openings will take the company's total number of open sites from 19 to 22 sites, with an additional 11 sites currently in legal negotiations and a further 10 sites under offer.

"We are bringing forward our opening schedule for the roll-out of the London Cocktail Club ahead of the important Christmas trading period," notes Chief Executive Sarah Willingham.

Current stock price: 17.67 pence, up 7.1%

Change since IPO in mid-January: up 26%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Nightcap PLC Ordinary Shares 19.00 -

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