Hugh Osmond, who reversed Pizza Express into a listed shell three decades ago, has floated his latest restaurant group on AIM. On the first day of trading the Various Eateries (LON: VARE) share price fell from the placing level of 73p to 69.5p. The flotation was confirmed just before the latest tightening of lockdown restrictions in the UK and that might have affected early dealings.
Osmond believes that this is a time when acquisition opportunities, either sites or groups of restaurants, are likely to come about and Various Eateries will have the cash to take advantage.
Various Eateries...
