Investors tucked into the shares of BigDish PLC (LON:DISH) on Wednesday after the group launched its platform in Exeter and Basingstoke and said it was aiming to expand into four more towns and cities by the end of May.
The firm, whose app and website aim to help restaurants fill spare capacity by offering discounts during quieter times, said it planned to have its platform live in Brighton, Swindon, Taunton and Winchester, adding that going forward it would also be setting its sights on the London commuter towns.
Winchester is located in the company’s first territory, with Swindon and Taunton in Territory Two and Brighton in Territory Three. Basingstoke and Exeter meanwhile are in Territory One and Two, respectively.
Sanj Naha, BigDish’s chief executive, said that the London commuter towns would provide “strong exposure to growth”, adding that following the Exeter and Basingstoke launches the firm’s platform now operated in five locations, having initially launched in Bournemouth in January.
In late-morning, the shares were 4.2% higher at 3p.
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