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16 August 2022
Hostmore plc (the "Company"), the hospitality business with brands including 'Fridays', '63rd+1st' and 'Fridays and Go', today announces the appointment of Stephen Welker to the Board as a Non-Executive Director, effective 15 August 2022.
Stephen brings a wealth of experience both from investment companies and the hospitality sector, not least from his prior involvement in the Fridays business. He is currently a Partner at Sherborne Investors Management LP, an investment manager, and is responsible for leading its research function. He was also a Director of Mondays (Topco) Limited, the previous holding company in the Fridays UK group, from June 2017 to November 2021.
Stephen was previously a director of Electra Private Equity PLC from July 2019 to November 2021.
Gavin Manson, Hostmore plc's Chairman, commented: "Stephen will be a valuable addition to Hostmore, complementing the skills and experience we have on the Board. His knowledge and understanding of our core business, alongside his broad understanding of the City, investment banking and investor relations, will be important as we pursue our various growth opportunities."
The Company confirms that there is no further information to be disclosed under the requirements of Listing Rule 9.6.13R in relation to Stephen's appointment.
Robert B. Cook, Chief Executive Officer
Alan Clark, Chief Financial Officer
+44 330 460 5588
Oliver Hughes, Simon Hockridge, Eleni Menikou
+44 203 128 8100
NOTES TO EDITORS
Hostmore plc is a UK hospitality business which runs the American-themed casual bar and dining brand, 'Fridays' (formerly TGI Fridays), the cocktail-led bar and restaurant brand, '63rd+1st', and the fast casual dining brand, 'Fridays and Go'.
The Group was established in 2021 to provide a platform for the development and growth of attractive hospitality brands, defined by their iconic brand experience and vibrant heritage. Hostmore is focused on the organic growth of its existing brands, alongside expanding through new, exciting concepts which have roll-out potential.
Hostmore currently operates 90 sites in the UK, the majority of which are in high footfall locations, including retail parks, shopping centres and city centres.