WorldWide Papa’s, Plc.
WorldWide Papa’s Plc: WorldWide Papa’s Celebrates Six Years in Operation
WorldWide Papa's Plc / Key word(s): Market Report/Miscellaneous 29.12.2011 / 10:00 --------------------------------------------------------------------- PRESS RELEASE WorldWide Papa's Celebrates Six Years in Operation Exclusive Area Developer of Papa John's Pizza Restaurants in St. Petersburg Reaches Six Year Anniversary in Marketplace LONDON - December 29, 2011 -- WorldWide Papa's, Plc (FSE: 1PJ.F), the exclusive area developer of Papa John's International, Inc. restaurants in St. Petersburg and the Leningrad region of Russia, announces its six-year anniversary in operations and a record-breaking month in net sales for its highest-yielding restaurant. 'Having opened our first restaurant in September 2005, we've become ever more confident in the type of experience the St. Petersburg population expects and appreciates, and our delivery of this experience is proven in not only the continued demand of our pizza but also in our second restaurant location reaching a record-breaking month in terms of net sales,' said Darrin Stock, CEO and Founder of WorldWide Papa's. 'As we celebrate our anniversary and this achievement, we recognize the investment our team has put in over the past six years and commit to driving the brand of 'Better Ingredients. Better Pizza' deeper into St. Petersburg and the greater Leningrad region.' In addition to marking its six-year anniversary, the Company's Restaurant No. 2 location grossed its highest-yielding month in net sales since opening in 2006. Far surpassing any of the other existing restaurant locations in St. Petersburg, Restaurant No. 2, the 'GA' location, brought in more than EUR161,000 EUR (5 million RUB) in net sales in a single month, and is currently recognized as the one of the top-performing Papa John's restaurants in the world. About WorldWide Papa's WorldWide Papa's, Plc is an international management company, formed in 2004, with exclusive area development rights to Papa John's International, Inc. restaurants in St. Petersburg, Russia and the Leningrad region. WorldWide Papa's opened its first Papa John's restaurant in St. Petersburg in 2005. The company currently operates five restaurants in the region, with plans in place for the expansion of reaching a total of 40 restaurants by 2014. Papa John's restaurants in St. Petersburg were recognized in 2010 and 2011 as the winning establishment in a local pizza taste-test competition, named as having the best pizza against two leading competitors in the market. For more information about WorldWide Papa's visit http://www.worldwidepapas.com. Contact: Gary Hamilton WorldWide Papa's, Plc ghamilton@worldwidepapas.com Safe Harbor Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. ### End of Corporate News --------------------------------------------------------------------- 29.12.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 151137 29.12.2011
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