No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Tasty confirmed on Monday that it has held advanced talks with David Page - the former chief executive of Pizza Express and former executive of The Fulham Shore - about his possible appointment to the board and that is evaluating funding options that could include an equity capital raise.
In a statement responding to a Sky News article earlier in the day, the AIM-listed restaurant owner and operator said it has also held advanced discussions with Nicholas Wong, former finance director of The Fulham Shore.
The company, which owns the Wildwood restaurant chain, said it will make further announcements as and when appropriate.
According to Sky, Page is seeking close to £10m of new funding from institutional investors.
At 1310 BST, the shares were up 82% at 1p.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.
