Ten Entertainment Group PLC Completion of Acquisition of Southport Site (7513U)
02 April 2019 - 5:00PM
UK Regulatory
TIDMTEG
RNS Number : 7513U
Ten Entertainment Group PLC
02 April 2019
2 April 2019
Ten Entertainment Group plc
Completion of Acquisition of Southport Site
Further to its announcement on 20 March 2019 relating to the
acquisition of Southport ('the Site'), Ten Entertainment Group plc
('the Group') is pleased to announce that following the
satisfaction of all outstanding conditions, the Group completed the
acquisition of the Site on Monday 1 April 2019. This grows the
Group's estate to 44 sites.
In keeping with the standard practice, the Site will now benefit
from investment as a result of the 'Tenpinisation' process,
bringing the operations, systems and technology and customer
experience up to the market-leading standards of the Group's wider
estate.
The acquisition and investment are consistent with the Group's
growth strategy and TEG has a proven track record of integrating
acquired sites and delivering good returns.
Enquiries:
Ten Entertainment Group plc via Instinctif
Duncan Garrood, Chief Executive Partners
Officer
Antony Smith, Chief Financial
Officer
Instinctif Partners Tel: 020 7457
Matthew Smallwood 2020
Tom Berger
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END
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