REG - Tortilla Mexcn.Grill - Director/PDMR Shareholding

Tortilla Mexican GrillAnnouncement

16/06/2022 13:00

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RNS Number : 1720P  Tortilla Mexican Grill PLC  16 June 2022

16 June 2022

 

Tortilla Mexican Grill PLC

("Tortilla" or the "Company")

Director Dealing

 

Tortilla Mexican Grill PLC announces that it has been notified that Richard
Morris, Chief Executive Officer of the Company, today purchased 3,647 ordinary
shares of 1 pence each in the Company ("Ordinary Shares") at a price of 136.75
pence per Ordinary Share. Following this purchase, Richard Morris is
beneficially interested in 1,378,397 Ordinary Shares, representing
approximately 3.57 per cent. of the Company's issued share capital.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ("PDMR") and persons closely associated with them:

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Richard Morris
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer / PDMR
 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
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of one pence each ("Ordinary Shares")

     Identification code                                          GB00BNYDGZ21
 b)  Nature of the transaction                                    Acquisition of shares
 c)  Price(s) and volume(s)                                       3,647 Ordinary Shares @ 136.75 pence each
 d)  Aggregated information                                       N/A

     -      Volume

     -      Price

     -      Total
 e)  Date of the transaction                                      16 June 2022
 f)  Place of the transaction                                     XLON

 

For further information, please contact:

 Tortilla Mexican Grill PLC                        Via Hudson Sandler

 Richard Morris, Chief Executive Officer

 Andy Naylor, Chief Finance Officer

 Liberum Capital (Nominated Adviser, Sole Broker)  Tel: 020 3100 2222

 Andrew Godber

 Edward Thomas

 Nikhi Varghese
 Hudson Sandler                                    Tel: 020 7796 4133

 Alex Brennan                                      tortilla@hudsonsandler.com

 Lucy Wollam

 Charlotte Cobb

 

 

About Tortilla Mexican Grill plc

 

Tortilla is the largest and most successful fast-casual Mexican restaurant
group in the UK specialising in the sale of freshly made Californian-inspired
Mexican cuisine. The Group had 68 sites worldwide as of 31 March 2022,
comprising 52 sites in the UK operated by the Group, three sites franchised to
SSP Group in the UK, four sites franchised to Compass Group UK & Ireland
and nine franchised sites in the Middle East.

 

The Group was founded in 2007 by Brandon Stephens, originally from California
who, upon his arrival in London in 2003, found it difficult to satisfy his
desire for quality burritos and tacos. As a result, Brandon established
Tortilla with a mission of offering customers freshly prepared, customisable,
and authentic Californian-inspired Mexican food.

 

 The brand is synonymous with an energetic, vibrant culture, and with
providing a great value-for-money proposition. It embraces fast-growing sector
trends (including eating out, healthy eating, provenance, ethnic cuisine,
delivery) across a variety of locations, through a differentiated product
offering which is popular with a broad customer base, and a clearly defined
multi-channel marketing strategy. It benefits from flexible site locations and
formats, and a scalable central infrastructure.

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