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The latest update is out from Revolution Bars ( (GB:TRC) ).
The Revel Collective plc has provided an update on its ongoing strategic review and formal sale process launched in October, confirming that several credible parties are conducting due diligence on the group’s businesses and assets or on shares in certain subsidiaries. However, the company warned that the transactions currently under consideration are not expected to yield any return for existing shareholders and that there is no certainty that any deal will be agreed, while an equity fundraising option has been ruled out due to insufficient support. In a further setback, the board has concluded that the audit of its 2025 results cannot be completed in time, meaning the 2025 Annual Report will not be published by the regulatory deadline, and trading in the company’s ordinary shares on AIM is therefore expected to be suspended from 29 December 2025 pending publication of the report.
More about Revolution Bars
The Revel Collective plc is a UK-based operator of premium bars and gastro pubs, primarily trading under the Revolution, Revolución de Cuba and Peach Pubs brands, with a focus on the higher-end nightlife and casual dining market.
Average Trading Volume: 1,275,547
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.25M
For a thorough assessment of TRC stock, go to TipRanks’ Stock Analysis page.