Sphera Franchise S A : Opening of two new restaurants
January 19, 2022 at 08:12 am EST
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BURSA DE VALORI BUCUREȘTI S.A.
AUTORITATEA DE SUPRAVEGHERE FINANCIARĂ
CURRENT REPORT 1/2022
According to Law no. 24/2017 regarding issuers of financial instruments and market operations, ASF Regulation no. 5/2018 regarding the issuers of financial instruments and market operations and/or Rulebook of the Bucharest Stock Exchange Market Operator.
Date of report
19.01.2022
Name of the Company
Sphera Franchise Group SA
Registered Office
Bucharest, Romania
Address
Calea Dorobanților nr. 239, 2nd floor, Bucharest sector 1
Phone / Fax
+40 21 201 17 57 / +40 21 201 17 59
Email
investor.relations@spheragroup.com
Registration nr. with Trade Registry
J40/7126/2017
Fiscal Code
RO 37586457
Subscribed and paid share capital
581,990,100 RON
Total number of shares
38,799,340
Symbol
SFG
Market where securities are traded
Bucharest Stock Exchange, Main Segment, Premium
Category
Important events to be reported:Opening of two new restaurants
Sphera Franchise Group S.A. (the "Group") informs the market about the opening of a new Pizza Hut Delivery restaurant and a new KFC restaurant.
The new Pizza Hut Delivery restaurant opened in Centrul Comercial Militari Shopping, Bucharest, on 19.01.2022. The location is a Fast Casual Delivery ("FCD") restaurant, being the 3rd FCD of the Group and the 20th delivery unit of the Group in Romania. The opening of a new FCD restaurant is part of the Group's strategy to restructure and increase the profitability of the Pizza Hut business.
The new KFC restaurant opened in Calarasi, within Catex commercial center, also on 19.01.2022. The location is a Drive Thru restaurant, being the 93rd KFC restaurant in Romania.
As of 20.01.2022, Sphera Franchise Group operates 170 restaurants: 93 KFC restaurants in Romania, 2 in Moldova and 20 in Italy, as well as 42 Pizza Hut restaurants and 13 Taco Bell restaurants located in Romania. Out of 42 Pizza Hut restaurants, 21 locations are dine-in, 20 are Pizza Hut Delivery and 1 is Pizza Hut Express.
CHIEF EXECUTIVE OFFICER
Calin Ionescu
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Sphera Franchise Group SA published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 13:11:08 UTC.
Sphera Franchise Group SA specialises in the operation of franchised quick service restaurants.
At the end of 2020, the group operates 138 restaurants divided by brand name between KFC (106), Pizza Hut (21) and Taco Bell (11).
Net sales are distributed geographically as follows Romania (88%), Italy (10.8%) and Moldavia (1.2%).