7th Dec 2015 16:11
7 December 2015
Applegreen plc ("Applegreen" or "the Company")
Holding in Company
Applegreen was notified on 03 December 2015 that AXA Investment Managers S.A. has increased its shareholding to 5,759,310 ordinary shares of €0.01 each in the share capital of the Company. This holding now represents approximately 7.23% of the Company's issued share capital having increased its holding from 6.25% previously.
For further enquiries, please contact:
Applegreen
Paul Lynch CFO +353 (0) 1 512 4800
Drury Porter Novelli (Irish media):
Paddy Hughes +353 (0) 1 260 5000
Powerscourt (UK and international media):
Lisa Kavanagh +44 (0) 20 7250 1446
Simon Compton
Shore Capital
Stephane Auton +44 (0) 20 7408 4090
Patrick Castle
Goodbody
Simon Howley +353 (0) 1 667 0420
Siobhan Wall
About Applegreen
Established in 1992, Applegreen is a major petrol forecourt retailer in the Republic of Ireland with a significant and growing presence in the United Kingdom, and small presence in the US. The business employs c. 2,600 people, and operates 175 forecourt sites across the UK, Ireland and the US.
Applegreen is the number one motorway service area operator in the Republic of Ireland where it has a motor fuel market share of c.12%. The Group operates a distinctive retail led business model focused on offering "low fuel prices always" to drive footfall to its sites and aims to provide a premium food and hot beverage offering in all its sites.
Applegreen has a number of strategic partnerships with international brands including Burger King, Subway, Costa Coffee, Greggs, Lavazza and Chopstix. The business also has its own food offer through the aCafe and Bakewell café brands.
In the year to 31 December 2014, the Group had revenue of €937.3 million and Adjusted EBITDA of €22.8 million.
Related Shares:
APGN.L