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Tasty raises £9.25 million via a Placing and Subscription and a further £0.87 million via a Retail Offer

August 2025

 

Tasty plc is an LSE AIM listed branded restaurant operator in the UK casual dining market.

Their trading brands are dim t and Wildwood restaurants.

The company is currently trading from 32 branches (28 Wildwood restaurants & 4 dim t).

 

Placing, Subscription and Retail Offer

On 4th August 2025, Tasty announced that it had raised £9.25 million, in aggregate, via the placing of 1,699,400,000 new Ordinary Shares by way of the Placing and 150,600,000 new Ordinary Shares by way of the Subscription, each at the Issue Price of 0.5 pence per new Ordinary Share.

The Company made a further announcement on 6th August that the Retail Offer had closed and that 173,587,240 new Ordinary Shares had been applied for at the Issue Price of 0.5 pence per Retail Offer Share pursuant to the Retail Offer, raising approximately £0.87 million.

The Perivan shareholder communications team was delighted to work with Cavendish Capital Markets who acted as Nominated Adviser and Joint Broker to Tasty on the documentation which in addition to the fundraising included details of the proposed acquisition of The Ventnor Bay Company Limited, proposed board changes and proposed change of name to ‘Bow Street Group plc’ which was successfully completed and posted to qualifying shareholders and is subject to their approval on 7th August 2025.

 

Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader in the production of documentation relating to corporate finance transactions.

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