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RSTGF / Wagamama owner's management backed by largest shareholder

Restaurant Group PLC's (LSE:RTN) (TRG) largest shareholder, Columbia Threadneedle Investments, says it will support the management team ahead of the group's annual general meeting (AGM) later this month. The Wagamama owner is facing a rebellion from numerous activist investors concerned about the group's poor share price performance and the salary of chief executive officer, Andy Hornby. Read More

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Posted: May 11 2023, 07:25

Author Name: Proactive Investors

RSTGF News

By Proactive Investors
October 12, 2023

Wagamama owner awaiting new bid? Offer too low, says analysts

Wagamama owner The Restaurant Group PLC (LSE:RTN) could be poised to receive another bid after Rock BidCo, a vehicle owned by Apollo Funds, purchase o

By Market Watch
October 12, 2023

Apollo to buy struggling owner of Wagamama chain for nearly $900 million

Private equity fund Apollo Global Management on Thursday said it had struck a deal to snap up struggling U.K. restaurant operator The Restaurant Group

By Proactive Investors
October 12, 2023

Wagamama owner TRG soars after agreeing Apollo bid

Shares in Wagamama owner, The Restaurant Group PLC, have soared 37% after agreeing a bid from Apollo Global Management valuing the business at £506

By Proactive Investors
September 11, 2023

Will Wagamama's owner listening to investors bring yet more change

Shares in Wagamama's owner The Restaurant Group PLC (LSE:RTN) (TRG) are down close to 60% compared to two years ago, but it appears that this year was

By Proactive Investors
September 8, 2023

Wagamama owner chair resigns after months of activist pressure

Wagamama owner Restaurant Group jumped 6% as it announced the departure of chairman Ken Hanna following months of pressure from activist funds wanting

By Proactive Investors
September 6, 2023

Airport revival flips Wagamama-owner Restaurant Group into profit

The Restaurant Group PLC (LSE:RTN), owner of Wagamama and Frankie & Benny's among other food chains, has shaken off its loss-making 2022 with a profit

By Proactive Investors
July 19, 2023

Wagamama owner soars as sales boost quiets critics

The Restaurant Group PLC (LSE:RTN), owners of hospitality brands like Wagamama, soared by around 8% on Wednesday morning after a trading update dispel

By Proactive Investors
July 12, 2023

Wagamama owner faces fresh criticism from activist investor

The Restaurant Group PLC (LSE:RTN) (TRG), the owner of Wagamama and other hospitality brands, is coming under fire again from activist investors call

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