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Notice of intention to appoint Administrators

26th Jan 2026 12:33

RNS Number : 3961Q
Revel Collective PLC (The)
26 January 2026
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

FOR IMMEDIATE RELEASE

26 January 2026

 

The Revel Collective Plc

("TRC" or the "Company")

Notice of intention to appoint Administrators

The Revel Collective plc, a leading operator of premium bars and gastro pubs, trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands confirms that, further to the announcement on 19 December 2025, and following discussions with the Company's secured lender, the Board has resolved to file a notice of intention to appoint administrators to the Company and certain of its subsidiaries.

 

As noted in the previous announcement, the Board has been actively pursuing the Formal Sale Process to identify an acquirer or acquirers for the business. Those discussions are well advanced, and the Board anticipates a further announcement in the coming days.

 

Since the transactions being contemplated are not expected to deliver any return to shareholders the Board has resolved to take action to protect creditors. Unless circumstances change, and in accordance with statutory requirements, the Board intends to appoint administrators within 10 business days.

 

The business will continue to trade and the Company will continue to work alongside advisers in order to preserve as much value as possible for all stakeholders as it advances a potential sale of all or parts of the business.

 

Further announcements will be made as appropriate.

 

Temporary Suspension of Trading on AIM

Trading in the Company's ordinary shares on AIM remains suspended pending further notice. It is considered very unlikely that trading will be restored ahead of administrators being appointed.

 

Enquiries:

The Revel Collective Plc

Tel: 0161 330 3876

Rob Pitcher, CEO

 

Matthew Fowler, CFO

 

 

Cavendish Capital Markets Limited (Financial and Rule 3 Adviser, Nominated Adviser and Broker)

 

Matt Goode / Teddy Whiley (Corporate Finance)

Tim Redfern (Corporate Broking)

Tel: +44 (0) 20 7220 0500

 

FTI Consulting (M&A Adviser)

Tel: +44 (0) 20 3727 1000   

Iain Reilly

Marcus Cheng

 

 

Team Lewis (Financial PR)

Justine Warren / Tim Pearson

Tel: +44 (0) 20 7802 2617

 

 

The person responsible for arranging release of this information on behalf of the Company is Rob Pitcher, CEO.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Related Shares:

The Revel Collective
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