Patisserie Holdings plc is a leading UK branded café and casual dining group offering cakes, pastries, snacks, meals and hot and cold drinks from 138 stores and Flour Power City Bakery in the UK.

It currently operates under five differentiated brands – Patisserie Valerie, Druckers – Vienna Patisserie, Philpotts, Baker & Spice and Flour Power City, offering broad customer appeal, flexibility and outstanding roll-out potential.

The Company operates a vertically integrated business model, with all products made in-house at seven bakeries and delivered fresh daily. Products are sold primarily through stores and also a growing online channel.

The Group's executive management team, led by Luke Johnson (Executive Chairman), Paul May (Chief Executive Officer) and Chris Marsh (Finance Director), has overseen a period of consistent growth from eight stores in 2006 to more than 130 today. The first Patisserie Valerie café was opened on Frith Street in London’s Soho district in 1926 by Belgian-born Madame Valerie, whose vision was to introduce continental patisserie products to the UK. During the Second World War, the Frith Street premises were destroyed by bombing and Madame Valerie subsequently re-established a new Patisserie Valerie café nearby on Old Compton Street, where her legacy continues to this day.

Risk Capital Partners, the London-based private equity firm, co-founded in 2001 by Luke Johnson and Ben Redmond, backed the acquisition of Patisserie Valerie in 2006. At the time it had eight sites in Central London. The company subsequently acquired Druckers - Vienna Patisserie in 2007, Baker & Spice in 2009, Flour Power City Bakery in 2013 and Philpotts in 2014.

(CAKE:AIM)

http://investors.patisserieholdings.co.uk/

28 Mar
Peel Hunt
450.00
Buy

11:20 18/05/2018
Broker Forecast - Berenberg issues a broker note on Patisserie Holdings Plc
Berenberg today reaffirms its buy investment rating on Patisserie Holdings Plc (LON:CAKE) and raised its price target to 460p (from 400p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Wow hows that for a kick in the teeth , suspended , money gone missing CFO gone , you just can't believe it sometimes .

Shares suspended alert! https://www.bbc.co.uk/news/business-45805647

Sounds serious!

Didn't rate this co after visiting one of their establishments in York, I did have a better experience in Exeter but not enough to warrant investing in them.

Another one bits the dust.

Terrible joke but looks like someone had their cake and ate it , though looks like they'll pay for it .

I mean...this is just about selling cakes I presume with 150 outlets....market cap : £460 million...and I bet the outlets are not freeholds....that's why I never jumped in here....been caught out by other duds ...have to say....sorry for those in this because it's supposed to be blue chippish this one.....ouch !.....might come back...several pounds less....I wish we had more updates on these stockmarket frauds.....seems to me criminals go unpunished.....

Fast cake.. its Scone.

Well this company is based on what looks like from pictures I have seen : a French boulangerie/patisserie style...with tastes for the British market because northern Europeans like their deserts to be more a lot more can I call it stodgy…….with extra cream all over....not really for me....but there you go....looking at that...no way the hefty market cap as it is....and now...a fraud....crumbs...it might not come back at all....another case of the directors releasing rns's from a deck chair in the windward islands or such....

pat val is actually very good

anyway, report out that company may have to go into admin

RNS further trading update .

saying what????

you lazy bugger ......

Without an immediate injection of capital, the Directors are of the view that that is no scope for the business to continue trading in its current form.

As a consequence, the Directors and the Company's professional advisers are assessing all options available to the business to keep it trading and will update the market in due course.

lol

Lazy bugger my arse , it was to bring it to attention , but nobody seemed interested , i've other things to do as well .

it takes less than half a minute to c+p
if that isn't being lazy, what is?

I agree lazy :-))

i have concluded he was too engaged massaging his prostate :-)

There I was thinking you were talking about yourself ----- too idle to go look for the RNS

They rent floor space in Debenhams, or did. Going to leave a hole for them.