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BigDish readies for next stage of expansion as it receives funds from institutional investor

The firm said the launch of its restaurant booking platform in Brighton and Reading would be happening “soon” following a slight delay to focus on the recruitment of new territory managers as part of a UK-wide rollout

Dining table
The company expects to have managers for all ten of its UK territories by 1 September

BigDish PLC (LON:DISH) said it has received the £2.1mln it raised from an institutional investor at the start of June as the restaurant booking platform issued an update on its expansion plans.

The firm, which uses its technology to help restaurants fill tables during quieter periods, said the launch of its platform in Brighton and Reading would be happening “soon” following a slight delay to focus on the recruitment of new territory managers as part of a UK-wide rollout.

READ: BigDish looks tasty after raising £2.1mln from institutional investor

The company said the search for the new managers was “progressing” and that it expected to have managers for all ten of its UK territories by 1 September, with additional plans to expand its presence in Brighton following the initial launch.

Sanj Naha, BigDish chief executive, added that the company was currently planning a media initiative that they would provide more details on in due course.

“The platform, as it stands today, will be unrecognisable by 2021. We look forward to keeping the market informed over the coming months, the future looks bright", the CEO said.

In late-morning trading the shares were 13.2% lower at 4.4p.

--Adds share price--

Quick facts: BigDish PLC

Price: 1.6 GBX

LSE:DISH
Market: LSE
Market Cap: £5.58 m
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