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Description of business:
Eclectic is a leading operator of premium bars in the UK. Eclectic's portfolio comprises 20 venues located in major towns and cities, predominantly targeting a customer base of sophisticated students midweek and stylish over 21s and young professionals at weekends. Eclectic trades across its estate under a variety of brands, including Embargo 59, Lola Lo, Sakura, Po Na Na and Fez Club. These brands have proven themselves to be consistently cash-generative, continuing to trade well even since the start of the global financial crisis of 2008. The Group's main country of operations is the United Kingdom. Please note that Eclectic Bar Group plc has been newly incorporated for the purposes of the proposed IPO. Shortly before Admission, it is proposed that Eclectic will become the new holding company of the Eclectic Group by acquiring Eclectic Bars Limited, the current holding company of the Eclectic Group. As such, all references to "Eclectic" and "Group" in this announcement should be construed accordingly.

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Eclectic Bar Group plc

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