REG - Bow Street Group PLC - Redesignation of B Shares & Director shareholding

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RNS Number : 7428B  Bow Street Group PLC  24 April 2026

24 April 2026

Bow Street Group plc

("Bow Street Group", the "Group" or the "Company")

 

Redesignation of B Shares and Director/PDMR shareholding

 

Bow Street Group (AIM: BOW), the owner and operator of "Wildwood" and "dim t"
restaurants, announces the redesignation of its B Shares into Deferred Shares
(the "Redesignation") and a consequential change in the shareholding of Jonny
Plant, the Group's Chief Executive Officer.  The Company has undertaken the
Redesignation in order to enable the repurchase and/or cancellation of all of
its Deferred Shares and therefore to enable the simplification of the
Company's capital structure.

 

Redesignation of B Shares into Deferred Shares

 

In accordance with the Company's Articles of Association (the "Articles") and
the rules of the Growth Share Scheme adopted on 15 January 2021, all
outstanding unvested B Ordinary Shares of £0.00001 each in the Company (the
"B Shares") have automatically been redesignated into Deferred Shares of
£0.099 each in the Company (the "Deferred Shares") following the expiry of
Growth Share Scheme on its fifth anniversary. The Redesignation is at a ratio
of 9,900 B Shares into 1 Deferred Share.

 

To facilitate this process and bring the Growth Share Scheme to an end, on 22
April 2026 the Company undertook the following actions in accordance with the
Articles:

 

-     noted the automatic redesignation of all of the 10,451,094 issued B
Shares (save for 6,594 issued B Shares) into 1,055 Deferred Shares at a ratio
of 9,900:1 on 16 January 2026;

-    the issue and allotment of 3,306 B Shares to Jonny Plant for
consideration of £0.00001 per B Share (being their nominal value) by way of
capitalisation of the aggregate sum of £0.03306 standing to the credit of the
Company's share premium account (the "Topped‑Up Shares"); and

-       noted the redesignation of all of the then remaining 9,900
issued B Shares (as increased by the issue and allotment of the Topped‑Up
Shares) into 1 Deferred Share at a ratio of 9,900:1.

 

The Deferred Shares carry limited rights, are not admitted to trading on AIM
or any other stock market and have de minimis value. Any proposal to buy back
and/or cancel the Deferred Shares would be subject to shareholder approval and
any buy back proposal would be for de-minimis value. The Company will make a
further announcement if and when appropriate.

 

Director/PDMR shareholding

 

Following the actions set out above on 22 April 2026, Jonny Plant, the Group's
Chief Executive Officer and the only registered holder of B Shares, was
allotted 3,306 B Shares at a price of £0.00001 each which amounted to a total
consideration of £0.03306. As noted above, on 16 January 2026 the 10,444,500
unvested B Shares held by Jonny Plant were redesignated as 1,055 Deferred
Shares and on 22 April 2026 the Topped-Up Shares together with the remaining
6,594 unvested B Shares that he already held were redesignated as 1 Deferred
Share.

 

Following these allotments and redesignation, Jonny Plant now holds the
following total beneficial interests in the Company's issued share capital:

 

 Share Class                      Number of each share class held  % of the Company's ordinary share capital
 Ordinary Shares of £0.001 each   22,317,448                       0.99%
 B Shares of £0.00001 each        Nil                              N/A
 Deferred Shares of £0.099 each   4,155,635                        N/A

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further details.

 

 

For further information, contact:

 

 Bow Street Group plc                                                Tel: 020 7637 1166
 David Page - Executive Chairman

 Jonny Plant - Chief Executive Officer

 Nick Wong - Chief Financial Officer

 Cavendish Capital Markets Limited                                   Tel: 020 7220 0500

 (Nominated Adviser and Joint Broker)
 Matt Goode / George Lawson / Trisyia Jamaludin - Corporate Finance

 Dale Bellis / Harriet Ward - Sales and Corporate Broking

 Allenby Capital Limited                                             Tel: 020 3328 5656

 (Joint Broker)
 Nick Naylor / James Reeve - Corporate Finance

 Jos Pinnington - Sales and Corporate Broking

 Hudson Sandler                                                      Tel: 020 7796 4133

 (Financial PR)                                                      bowstreetgroup@hudsonsandler.com (mailto:bowstreetgroup@hudsonsandler.com)
 Alex Brennan / Harry Griffiths / Jackson Redley

 

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Jonathan Plaut also known as Jonny Plant
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Bow Street Group plc
 b)  LEI                                                          213800SGH7OLTZURQM14
 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  B Shares of 0.001 pence each
     Identification code                                          GB00B17MN067
 b)  Nature of the transaction                                    Allotment of B Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.00001                                                                                  3,306
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      22 April 2026
 f)  Place of the transaction                                     XOFF

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Jonathan Plaut also known as Jonny Plant
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Bow Street Group plc
 b)  LEI                                                          213800SGH7OLTZURQM14
 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  Deferred Shares of 9.9 pence each
     Identification code                                          GB00B17MN067
 b)  Nature of the transaction                                    Redesignation of B Shares into Deferred Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.099                                                                                    1,055
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      16 January 2026
 f)  Place of the transaction                                     XOFF

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Jonathan Plaut also known as Jonny Plant
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Bow Street Group plc
 b)  LEI                                                          213800SGH7OLTZURQM14
 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  Deferred Shares of 9.9 pence each
     Identification code                                          GB00B17MN067
 b)  Nature of the transaction                                    Redesignation of B Shares into Deferred Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.099                                                                                    1
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      22 April 2026
 f)  Place of the transaction                                     XOFF

 

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