Nightcap PLC Cardiff opening and removal of Russian Vodka (7769D)
March 07 2022 - 2:00AM
UK Regulatory
TIDMNGHT
RNS Number : 7769D
Nightcap PLC
07 March 2022
7 March 2022
Nightcap plc
("Nightcap" or the "Company" or the "Group")
Cardiff opening and removal of Russian Vodka
Openings update
Nightcap (AIM: NGHT), the owner of The Cocktail Club, the
Adventure Bar Group and the Barrio Familia group of bars, is
pleased to announce a further opening for The Cocktail Club in
Cardiff in early May.
The latest The Cocktail Club, which is located at 75 St Mary
Street, Cardiff, CF10 1FA covers an area of approximately 3,400
square feet over three floors. The site has a 3:00 am license
Monday to Sunday and has an unrestricted capacity of 220.
This opening is the second new opening in Cardiff for Nightcap
after it announced it would open a new Tonight Josephine in Cardiff
in early April 2022.
In addition to the three new openings scheduled for this year
and alongside its existing 27 sites, Nightcap has a further 24
premises under offer or in legal negotiations and continues to see
favourable market conditions for site acquisitions across the
country.
Removal of Russian Vodka
The Board, Management team and entire staff within Nightcap
decided on 28 February 2022 to remove the sale of Russian Vodka
across all 27 venues. On 4 March 2022, we introduced Ukrainian
Vodka to our menu as a replacement across the entire estate.
Sarah Willingham, Chief Executive Officer of Nightcap,
commented:
"Cardiff has been high on our list for new openings for some
time, therefore I am delighted to announce the latest lease signing
for The Cocktail Club following hot on the heels of Tonight
Josephine's planned opening in Cardiff in the coming weeks.
"Just as we have already proven in Clapham and Shoreditch, we
can successfully launch several of our brands into the most
relevant locations for late night drinking and partying across the
country."
"With our second venue in Bristol trading ahead of management's
expectations since its opening in November and knowing that Cardiff
is a vibrant city, our expectation for this new site is high. We
can't wait to bring The Cocktail Club energy and magic to St Mary
Street in early May."
"This is the fifth completed lease for The Cocktail Club since
Nightcap acquired it little over a year ago and the second in
successive weeks following the lease signing in Exeter which
demonstrates how committed our teams are to execute on our plan to
become the leading bar group in the UK."
For further enquiries:
Nightcap plc
Sarah Willingham / Toby Rolph / Gareth email@nightcapplc.com
Edwards
Allenby Capital Limited (Nominated
Adviser and Broker)
Nick Naylor / Alex Brearley / Piers +44 (0) 20 3328 5656
Shimwell (Corporate Finance) www.allenbycapital.com
Matt Butlin / Amrit Nahal / Tony
Quirke (Sales and Corporate Broking)
Bright Star Digital (PR) https://www.brightstardigital.co.uk/
Pam Lyddon +44 (0) 7534 500 829
pamlyddon@brightstardigital.co.uk
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END
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