Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Progress in Business Restructuring (Filing for Restructuring Proceedings) at a UK Subsidiary
Subject Entity
Franco Manca 2 UK Limited (a subsidiary of The Fulham Shore Limited and a consolidated subsidiary of the filing company)
Occurrence5 May 2026 (UK time)
This disclosure05/07/2026
Accounting period in which recognized
Fiscal year ending March 2026
Related procedures
Type
Restructuring proceedings and creditors' meeting relating to a Company Voluntary Arrangement (CVA)
Outlook
FM will steadily proceed with the business restructuring in accordance with the restructuring plan under the CVA.
Planned follow-up disclosure
The Company will promptly disclose any material matters that arise in the future.
| Item | Details |
|---|---|
| Event name | Progress in Business Restructuring (Filing for Restructuring Proceedings) at a UK Subsidiary |
| Date of occurrence | 5 May 2026 (UK time) |
| Subject Entity | Franco Manca 2 UK Limited (a subsidiary of The Fulham Shore Limited and a consolidated subsidiary of the filing company) |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Type of litigation or proceeding | Restructuring proceedings and creditors' meeting relating to a Company Voluntary Arrangement (CVA) |
| Outlook | FM will steadily proceed with the business restructuring in accordance with the restructuring plan under the CVA. |
| Planned follow-up disclosure | The Company will promptly disclose any material matters that arise in the future. |
Items this document does not state (18)
Date recognized / date notice receivedTarget Locations / ProductsCauseAmount of Impact on Business PerformanceImpact on Earnings ForecastCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.At the creditors' meeting held on 5 May 2026, the restructuring plan was approved because the requirements under UK law for the CVA to take effect were satisfied.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.