Business
Acquisition, Proposed Name Change & Presentation
Various Eateries PLC is acquiring a portfolio of four premium pubs with rooms from Grosvenor Pubs and Inns for £11.25 million, with a potential fifth site to follow, which will form a new brand, The Linwood Collection. These four sites generated approximately £10.5 million in revenue and £1.5 million in site-level EBITDA in the 52 weeks ended December 28, 2025. The acquisition will be funded through new debt financing, including a £15 million facility with HSBC UK Bank Plc, and existing resources, with no equity raise planned. The company also intends to change its name to Coppa Collective plc and will adopt "COPC" as its new stock ticker. Disclaimer*
About this update from Coppa Collective Plc
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 6 March 2026 VARIOUS EATERIES PLC ("Various Eateries" or "the Company" and with its subsidiaries "the Group") Acquisition of premium pubs with rooms portfolio Creation of third brand, The Linwood Collection Proposed name change to Coppa Collective plc Notice of Investor Presentation Various Eateries PLC, the owner, developer and operator of restaurant, clubhouse and hotel sites in the United Kingdom, announces that it has exchanged on asset purchase agreements to acquire a portfolio of premium pubs with rooms from Grosvenor Pubs and Inns (the "Acquisition"). The Group expects to complete the acquisition of four sites on or around 23 March 2026, with a further agreement in place to potentially acquire a fifth site. On completion, the acquired sites will form a third operating brand, The Linwood Collection, alongside the Group's existing brands Coppa Club and Noci. Sites The four sites expected to complete on or around 23 March 2026 are: · Wild Thyme & Honey (Cotswolds) · The Hare & Hounds (Berkshire) · The Stag on the River (Surrey) · The Wellington Arms (Hampshire) The Group has also agreed terms to potentially acquire: · The Queen's Head (Surrey) The Queen's Head is subject to an "asset of community value" ("ACV") process, meaning the acquisition of that site cannot exchange until the relevant statutory notification and moratorium period has expired, which is expected to take at least six weeks. Four of the five sites are freehold. The Wellington Arms is held on a long leasehold and its acquisition remains subject to landlord consent to assign the lease. The Board considers these venues to be high-quality, well-inve...
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