PCA Trading Notification

Coppa Collective

28/10/2021 17:34

RNS Number : 6386Q

Various Eateries PLC

28 October 2021

 

VARIOUS EATERIES PLC

("Various Eateries" or "the Company"

and with its subsidiaries "the Group")

PCA Trading Notification

The Company has received notice today that a company which is deemed to be controlled by Mr Osmond, a director of Various Eateries, has undertaken a transfer of shares in Various Eateries to certain other connected persons.  

 

The details are set out as follows

 

Transferring Party
Original Holding
Number of Shares Transferred
Price per Transferring Share
Total Shares remaining
Rare Bird Hotels Limited, a company controlled by Hugh Osmond
7,353,428
7,353,428
80p
0

 

Receiving Party (each a PCA)
Original Holding
Number of Shares Received
Price per Transferring Share
Total Shares now held
Xercise2 Ltd, a company controlled by Hugh Osmond
24,569,344
7,353,428
80p
31,922,772

 

 

Following these transfers, Hugh Osmond's holding is deemed to be unchanged. He remains interested in 41,616,859 Ordinary Shares representing 46.76% of the total issued share capital of the Company of which 31,922,772 Ordinary Shares are held by Xercise 2 Limited, nil Ordinary Shares are held by Rare Birds Hotel Limited, 3,174,603 Ordinary Shares are held by the Great House at Sonning Limited, 5,513,484 Ordinary Shares are held by Friends Provident International (FPI operates on an execution only basis on the sole instruction of Hugh Osmond), 1,000,000 Ordinary Shares are held by Lucy Potter and 6,000 Ordinary Shares are held by his three children.

 

Enquiries

Various Eateries plc
Yishay Malkov
Chief Executive Officer
Via Alma PR
Andrew Bassadone
Executive Chairman
Oliver Williams
Chief Financial Officer
Hugh Osmond
Non-Executive Director
WH Ireland Limited
Sole Broker and Nominated Adviser
Tel: +44 (0) 20 7220 1666
Broking - Harry Ansell, Adam Pollock
Corporate Finance - Katy Mitchell, Lydia Zychowska
Alma PR
Financial PR
Tel: +44 (0) 20 3405 0205
Susie Hudson
variouseateries@almapr.co.uk
David Ison
Molly Gretton


 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rare Bird Hotels Limited
2
Reason for the notification
a)
Position/status
PCA of Hugh Osmond
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Various Eateries plc
b)
LEI
21300SWZ6W3RNE32B76
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
Ordinary shares of 1p
GB000B9BZK23
b)
Nature of the transaction
Share Transfer
c)
Price(s) and volume(s)
7,353,428 ordinary shares at 80p
d)
Aggregated information
- Aggregated volume
- Price
7,353,428 ordinary shares
80p
e)
Date of the transaction
28 October 2021
f)
Place of the transaction
London Stock Exchange, AIM

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Xercise2 Ltd
2
Reason for the notification
a)
Position/status
PCA of Hugh Osmond
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Various Eateries plc
b)
LEI
21300SWZ6W3RNE32B76
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
Ordinary shares of 1p
GB000B9BZK23
b)
Nature of the transaction
Share Transfer
c)
Price(s) and volume(s)
7,353,428 ordinary shares at 80p
d)
Aggregated information
- Aggregated volume
- Price
7,353,428 ordinary shares
80p
e)
Date of the transaction
28 October 2021
f)
Place of the transaction
London Stock Exchange, AIM

 

About Various Eateries

Various Eateries owns, develops and operates restaurant sites in the United Kingdom. The Group's stated mission is "great people delivering unique experiences through continuous innovation".

The Group is led by a highly experienced senior team including Andy Bassadone (Executive Chairman), Hugh Osmond (Founder), Yishay Malkov (CEO) and Oliver Williams (CFO). The Group operates two core brands across 12 locations: 

·Coppa Club, a multi-use, all-day concept that combines restaurant, terrace, café, lounge, bar and work spaces (and in some locations, hotels)

·Tavolino, a restaurant aiming to address a gap in the market for high quality Italian food at mid-market prices

 For more information visit www.variouseateries.co.uk

 

 

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