Various Eateries (VARE) interim results presentation - June 2022

Various Eateries management, Andy Bassadone, Executive Chairman, Oliver Williams, CFO and Yishay Malkov, CEO present interim results for the 26-week period ending 3 April 2022. A positive performance in line with expectations for the full year. Andy Bassadone, Executive Chairman 00:17 – Introduction 00:27 – Executive summary Oliver Williams, CFO 06:13 – Financial overview 08:08 – Cash bridge Yishay Malkov, CEO 08:59 – Opportunities and challenges 14:40 – Expansion model 15:52 – New sites Andy Bassadone, Executive Chairman 17:03 – Current trading 19:54 – Summary and outlook Various Eateries PLC is a United Kingdom-based holding company. The Company owns, develops and operates restaurant and hotel sites in the United Kingdom. It operates approximately 13 locations with two core brands, which include Coppa Club and Tavolino. Coppa Club is a multi-use, all-day concept that combines a restaurant, terrace, cafe, lounge, bar and workspaces. Tavolino is a restaurant for Italian foods. It has approximately nine Coppa Clubhouses across the South of England, including two Clubhouses with rooms-Coppa at The Swan and Coppa at The Great House, both located in Berkshire. The Company has one Tavolino location in London. The Company’s wholly owned subsidiaries include Various Eateries Holdings Limited, Rare Bird Hotels at Sonning Limited and Rare Bird Hotels at Streatley Limited.