BGR PLC
16 November 2000
BGR PLC
Disposal of Signature Restaurants to Bank Restaurant Group plc and
change of name to Fish plc
Further to the announcement made on 13 October 2000, BGR plc is
pleased to announce the disposal of its signature restaurants
comprising Bank Kingsway, Bank Birmingham and Zander for a cash
consideration of £11.025 million of which £775,000 is deferred and
contingent on certain profits being achieved by the restaurants
following Completion.
As a result of this disposal, BGR plc will continue to focus on
Fish! and the proceeds will be used to accelerate its roll-out.
Consequently, it has been decided to change the Company's name to
Fish plc. It is proposed to send to shareholders a notice of an
extraordinary general meeting to effect the proposed change of
name in due course.
ENQUIRIES:
BGR PLC
Tony Allan, Chairman Tel: 020 7234 3300
Jeremy Ormerod, Chief Executive
COLLEGE HILL
Matthew Smallwood Tel: 020 7457 2020
Justine Warren
