BigDish PLC BigDish Signs Partnership With Oceanic Media (5595F)
16 July 2019 - 4:00PM
UK Regulatory
TIDMDISH
RNS Number : 5595F
BigDish PLC
16 July 2019
16 July 2019
BigDish Plc
("BigDish" or the "Company")
BigDish Signs Exclusive Partnership With Oceanic Media
BigDish Plc (LON: DISH), a food technology company that operates
a yield management platform for restaurants, is pleased to announce
today it has signed an exclusive partnership with Oceanic Media
Ltd.
Oceanic Media has hosted Restaurant Awards across the United
Kingdom since 2007 and will host sixteen national and regional
awards from September 2019 to August 2020. Oceanic will promote
BigDish via various marketing channels to over 3,500 restaurants
across the United Kingdom that receive nominations and to the
thousands of people that nominate restaurants for awards. BigDish
will also receive introductions to finalists during the period
leading up to each event which is expected to increase restaurant
acquisition. BigDish will also be the exclusive restaurant booking
platform sponsor at each event. The sixteen events are outlined
below:
The Restaurant Awards England - September 2019 (Midlands)
Pub Awards Scotland - September 2019 (Glasgow)
London Asian Food Awards - October 2019 (London)
Food Awards England - October 2019 (Manchester)
Welsh Asian Food Awards - November 2019 (Cardiff)
Scottish Asian Food Awards - November 2019 (Glasgow)
Restaurant Awards Wales - November 2019 (Cardiff)
English Asian Food Awards - February 2020 (Manchester)
Food Awards Northern Irelands - March 2020 (Belfast)
Welsh Pub Awards - March 2020 (Cardiff)
Scottish Curry Awards - April 2020 (Glasgow)
Restaurant Awards Scotland - April 2020 (Glasgow)
Food Awards Wales - May 2020 (Cardiff)
London Curry Awards - May 2020 (London)
English Curry Awards - August 2020 (Birmingham)
Food Awards Scotland - August 2020 (Glasgow)
The majority of restaurants that receive nominations are
independent restaurants. This further supports BigDish's current
strategy of initially targeting independent restaurants before
targeting chain restaurants.
Sanj Naha, CEO commented:
"The partnership with Oceanic Media will support our national
rollout with the introduction of thousands of great restaurants
across the country to BigDish. This will raise the profile of
BigDish across the restaurant industry throughout the United
Kingdom, which will in turn assist new incoming Territory Managers.
I fully expect that this partnership will significantly increase
the pace of restaurant adoption from September onwards across the
United Kingdom.
"The summer is a busy period for BigDish with the focus on
recruitment both in the United Kingdom and in Manila. I will be
travelling to Asia next month to strategize with the team on key
functions such as product development and customer support.
"After having been an integral part of building two restaurant
booking platforms in my previous roles, it is important that
shareholders gain a sense of the bigger picture of the journey that
we are on. I would like to repeat what I previously stated, that
'the platform, as it stands today, will be unrecognisable by
2021'.
"The other piece of exciting news is that we will shortly see
our first restaurant group trial BigDish. Group restaurants
typically start with a single location trial with a view to
progressing to the pilot project phase followed by a full rollout
should the pilot phase be successful. I have extensive experience
with group restaurants and expect to see significant numbers join
our platform in due course. This rollout will also in turn be
accelerated by the Territory Managers. It is by design that we have
started with independent restaurants in order to have a variety of
cuisines and restaurants."
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR")
Enquiries:
Zak Mir, Digital Communications
Officer +44 (0) 7867 527659
Notes to Editors
BigDish Plc is a London Stock Exchange listed food technology
company that operates a yield management platform for the
restaurant industry, including a mobile App.
The Company helps restaurants in the UK fill their spare
capacity and optimise their revenues through smart and dynamic
discounts. Consumers can access these via the BigDish App and
website platforms. Restaurants pay BigDish a fee per diner
seated.
BigDish is fully committed to delivering shareholder value to
its stakeholders through this model and is actively seeking to
expand across the UK. An expansion strategy has been outlined which
divides the UK into territorial target areas.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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