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RNS Number : 4272D Tortilla Mexican Grill PLC 02 March 2022
Tortilla Mexican Grill PLC
("Tortilla" or the "Company")
Director/PDMR Shareholding
Tortilla, the largest and most successful fast-casual Mexican restaurant group
in the UK, has been informed that today, its Founder and Non-Executive
Director Brandon Stephens transferred 3,210,000 ordinary shares of 1 pence
each in the Company ("Ordinary Shares") to his spouse for nil consideration.
As a result of this transfer, the beneficial holding of Brandon Stephens and
his closely associated persons remains unchanged at 3,210,000 Ordinary Shares,
representing 8.3% of the Company's issued share capital. These 3,210,000
Ordinary Shares remain subject to a lock-in and orderly market agreement as
set out in the Company's AIM Admission Document dated 30 September 2021.
The following disclosures are made in accordance with Article 19 of the EU
Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the
European Union (Withdrawal) Act 2018).
1. Details of PDMR / person closely associated with them ('PCA')
a) Name Brandon Stephens
2. Details of PDMR / person closely associated with them ('PCA')
a) Position / status Founder 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 Tortilla Mexican Grill PLC
b) LEI 213800YQDPNTU1EY8U28
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
c) Description of the financial instrument Ordinary shares of £0.01 each
ISIN: GB00BNYDGZ21
d) Nature of the transaction Transfer of 3,210,000 Ordinary Shares to spouse for nil consideration.
e) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 3,210,000
f) Aggregated information
Aggregated volume n/a (single transaction)
Price
g) Date of the transaction 2 March 2022
h) Place of the transaction N/A
f)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
g)
Date of the transaction
2 March 2022
h)
Place of the transaction
N/A
3. Details of PDMR / person closely associated with them ('PCA')
a) Name Jennifer Roebuck
4. Details of PDMR / person closely associated with them ('PCA')
a) Position / status PCA of Brandon Stephens (Founder 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 Tortilla Mexican Grill PLC
b) LEI 213800YQDPNTU1EY8U28
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
c) Description of the financial instrument Ordinary shares of £0.01 each
ISIN: GB00BNYDGZ21
d) Nature of the transaction Receipt of 3,210,000 Ordinary Shares from spouse for nil consideration.
e) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 3,210,000
f) Aggregated information
Aggregated volume n/a (single transaction)
Price
g) Date of the transaction 2 March 2022
h) Place of the transaction N/A
f)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
g)
Date of the transaction
2 March 2022
h)
Place of the transaction
N/A
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