REG - Best of the Best PLC - Exercise of Call Option & Share Cancellation

Best Of The BestAnnouncement

08/07/2022 13:15

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RNS Number : 8831R  Best of the Best PLC  08 July 2022

 

Best of the Best plc

("Best of the Best", "BOTB", "the Company" or "the Group")

 

Exercise of Call Option, Share Cancellation and Director Dealings

 

Best of the Best plc runs competitions online to win cars and other prizes.

 

 

 

The Company confirms that it has today exercised the call option in the
Repurchase Agreement and has bought back 1,045,877 Ordinary Shares at a price
of 600 pence per share.

 

The Company has since cancelled these Ordinary Shares and consequently the
issued share capital of the Company is 8,367,024 Ordinary Shares with voting
rights. There are no shares held in treasury. Therefore, the total number of
voting rights in the Company is 8,367,024; this figure may be used by
shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules.

 

Directors Dealings

The Company can also confirm that the Directors of the Board who hold Ordinary
Shares have accepted the Tender Offer as follows:

 

William Hindmarch (and his persons closely associated ("PCA")) have
successfully tendered 335,287 Ordinary Shares in the Tender Offer.
Accordingly, William Hindmarch now has a beneficial interest in 2,682,301
Ordinary Shares representing 32.06 per cent. of the issued Ordinary Share
capital of the Company.

 

Rupert Garton has successfully tendered 128,857 Ordinary Shares in the Tender
Offer. Accordingly, Rupert Garton now has a beneficial interest in 758,393
Ordinary Shares representing 9.06 per cent. of the issued Ordinary Share
capital of the Company.

 

David Firth has successfully tendered 513 Ordinary Shares in the Tender Offer.
Accordingly, David Firth now has a beneficial interest in 4,110 Ordinary
Shares representing 0.05 per cent. of the issued Ordinary Share capital of the
Company.

 

Daniel Burns has successfully tendered 2,314 Ordinary Shares in the Tender
Offer. Accordingly, Daniel Burns now has a beneficial interest in 18,519
Ordinary Shares representing 0.22 per cent. of the issued Ordinary Share
capital of the Company.

 

Ben Hughes (and his PCA) have successfully tendered 4,976 Ordinary Shares in
the Tender Offer. Accordingly, Ben Hughes now has a beneficial interest in
39,815 Ordinary Shares representing 0.48 per cent. of the issued Ordinary
Share capital of the Company.

 

 

Terms used in this announcement shall have the meaning ascribed to them in the
circular sent to Shareholders on 16 June 2022 unless otherwise stated.

 

 

Enquiries:

 Best of the Best plc             William Hindmarch, Chief Executive   T: 020 7371 8866

                                  Rupert Garton, Commercial Director

 Buchanan                         Chris Lane                           T: 020 7466 5000

                                  Toto Berger

 Oakvale Capital                  Daniel Burns                         T: 0207 580 3838

 (Financial Adviser)              Kieran Davey

 finnCap                          Corporate Finance                    T: 020 7220 0500

 (Nominated Adviser and Broker)   Carl Holmes

                                  Kate Bannatyne

                                  Teddy Whiley

                                  ECM

                                  Alice Lane

 

 

The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014  Please visit www.botb.com
(http://www.botb.com) for further information

 

 

The following notifications are made in accordance with the requirements of
Article 19(3) of the EU Market Abuse Regulation.

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     William Hindmarch and his PCA
 2.  Reason for the notification
 a)  Position / status                        PDMR (Chief Executive)
 b)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Best of the Best plc
 b)  Legal Entity Identifier                  213800A7RTSCF8IWQ247
 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  Ordinary shares of 5 pence each in the Company

                                              GB00B16S3505
 b)  Nature of the transaction                Sale of shares pursuant to Tender Offer
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              600p      335,287 Ordinary Shares
 d)  Aggregated information

     -     Aggregated volume                  n/a

     -     Aggregated price                   n/a

 e)  Date of the transaction(s)               6 July 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

 

n/a

n/a

 

e)

Date of the transaction(s)

6 July 2022

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Rupert Garton
 2.  Reason for the notification
 a)  Position / status                        PDMR (Commercial Director)
 b)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Best of the Best plc
 b)  Legal Entity Identifier                  213800A7RTSCF8IWQ247
 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  Ordinary shares of 5 pence each in the Company

                                              GB00B16S3505
 b)  Nature of the transaction                Sale of shares pursuant to Tender Offer
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              600p      128,857 Ordinary Shares
 d)  Aggregated information

     -     Aggregated volume                  n/a

     -     Aggregated price                   n/a

 e)  Date of the transaction(s)               6 July 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

 

n/a

n/a

 

e)

Date of the transaction(s)

6 July 2022

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     David Firth
 2.  Reason for the notification
 a)  Position / status                        Non-Executive Director
 b)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Best of the Best plc
 b)  Legal Entity Identifier                  213800A7RTSCF8IWQ247
 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  Ordinary shares of 5 pence each in the Company

                                              GB00B16S3505
 b)  Nature of the transaction                Sale of shares pursuant to Tender Offer
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              600p      513 Ordinary Shares
 d)  Aggregated information

     -     Aggregated volume                  n/a

     -     Aggregated price                   n/a

 e)  Date of the transaction(s)               6 July 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

 

n/a

n/a

 

e)

Date of the transaction(s)

6 July 2022

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Daniel Burns
 2.  Reason for the notification
 a)  Position / status                        Non-Executive Director
 b)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Best of the Best plc
 b)  Legal Entity Identifier                  213800A7RTSCF8IWQ247
 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  Ordinary shares of 5 pence each in the Company

                                              GB00B16S3505
 b)  Nature of the transaction                Sale of shares pursuant to Tender Offer
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              600p      2,314 Ordinary Shares
 d)  Aggregated information

     -     Aggregated volume                  n/a

     -     Aggregated price                   n/a

 e)  Date of the transaction(s)               6 July 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

 

n/a

n/a

 

e)

Date of the transaction(s)

6 July 2022

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Ben Hughes and his PCA
 2.  Reason for the notification
 a)  Position / status                        PDMR (Marketing Director)
 b)  Initial notification / amendment         Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Best of the Best plc
 b)  Legal Entity Identifier                  213800A7RTSCF8IWQ247
 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  Ordinary shares of 5 pence each in the Company

                                              GB00B16S3505
 b)  Nature of the transaction                Sale of shares pursuant to Tender Offer
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              600p      4,976 Ordinary Shares
 d)  Aggregated information

     -     Aggregated volume                  n/a

     -     Aggregated price                   n/a

 e)  Date of the transaction(s)               6 July 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

 

n/a

n/a

 

e)

Date of the transaction(s)

6 July 2022

f)

Place of the transaction

Outside a trading venue

 

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