Prezzo plc is a branded restaurant operator positioned in the UK casual
dining market. Its principal trading brand is Prezzo, which offers a
contemporary menu with a variety of pizza, pasta, salad and grill dishes
with a distinctive Italian flavour.
The company is incorporated in England and Wales (registration no.
3918682) and all of its operations are located in the UK.
The company is currently trading from 105 branches (as at 1 July 2007).
While concentration remains in the South of England, continued
expansion is taking place across increasingly wider parts of the UK.
The ordinary shares of the company are traded on the Alternative
Investment Market (AIM) which is regulated by the London Stock
Exchange. Admission to AIM took place in March 2002 via a placing of
3.25m ordinary 20 pence shares at 50 pence per share raising £1.5m
(net of expenses). Subsequent expansion of the business has been
funded by further share placings, raising £2.5m in June 2002, £5.8m in
June 2003, £9.3m in June 2004. On 14 June 2005 each ordinary 20
pence share was subdivided into four ordinary five pence shares and
then a further £7.5m fundraising was completed in February 2006.
click here to download a copy of the AIM admission document published
in March 2002