REG - YOLO Leisure & Tech - Grant of Warrants
RNS Number : 2888YYOLO Leisure & Technology PLC08 May 2019
YOLO Leisure and Technology plc
("YOLO" or the "Company")
Grant of Warrants
YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, announces the grant of warrants to Simon Robinson and Sohail Bhatti, both directors of the Company, at an exercise price of 5p ("Warrants"). Details of the Warrants and the executive directors' other holdings of options and warrants are set out below.
Director
Number of ordinary shares held prior to grant
Ordinary shares held as percentage of issued voting share capital
Number of options and warrants held prior to grant
Number of Warrants granted
Number of options and warrants held following grant
Simon Robinson
1,389,201
2.66%
980,000
2,000,000
2,980,000
Sohail Bhatti
66,667
0.13%
Nil
2,000,000
2,000,000
The Warrants were granted on 7 May 2019 and may be exercised at any time up until 31 May 2022.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
YOLO Leisure and Technology plc
Simon Lee Robinson
simon.robinson@yoloplc.com
Cairn Financial Advisers LLP
Sandy Jamieson, Liam Murray
Tel: +44 20 7213 0880
Peterhouse Capital Limited (Sole broker)
Duncan Vasey / Lucy Williams
Tel: + 44 20 7220 9797
Walbrook PR Ltd
Tel: +44 20 7933 8787 or yolo@walbrookpr.com
Paul McManus
Mob: +44 7980 541 893
Sam Allen
Mob: +44 7884 664 686
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
1) Simon Robinson
2) Sohail Bhatti
2
Reason for notification
a.
Position/Status
1) Executive Chairman
2) CFO
b.
Initial notification/
Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
YOLO Leisure & Technology plc
b.
LEI
213800AYJZ2B8QNY7H15
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the financial instrument, type of instrument
Identification Code
Warrant over ordinary shares
ISIN: GB00B6TG6Y69
b.
Nature of the transaction
Grant of warrants
c.
Price(s) and volume(s)
Price(s) per share
Volume(s)
1) 5p
2) 5p
1) 2,000,000
2) 2,000,000
d.
Aggregated information
- Aggregated Volume
- Price
4,000,000
5p
e.
Date of the transaction
7 May 2019
f.
Place of the transaction
AIM
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