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RNS Number : 4384D Various Eateries PLC 03 April 2025
3 April 2025
VARIOUS EATERIES PLC
("Various Eateries" or "the Company" and with its subsidiaries "the Group")
Director/PDMR Dealing
Various Eateries PLC, the owner, developer and operator of restaurant,
clubhouse and hotel sites in the United Kingdom, announces that Xercise2
Limited (a company owned and controlled by Hugh Osmond (Non-Executive Director
of the Company)), on 2 April 2025 purchased 1,000,000 ordinary shares of 1p
each in the Company ("Ordinary Shares") at a price of 10.75 pence per share.
Following this transaction Xercise2 Limited's beneficial holding is now
40,436,256 Ordinary Shares representing approximately 23.10% of the total
issued share capital and voting rights in the Company.
The resultant aggregate interest of Hugh Osmond and members of his Concert
Party in the ordinary shares in the capital of the Company for the purpose of
the City Code, is 111,739,152 ordinary shares, representing 63.8% of the
Enlarged Share Capital.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Xercise2 Limited (a company owned and controlled by Hugh Osmond)
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 Various Eateries plc
b) LEI 213800SWZ6W3RNE32B76
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 1p each
Identification code
GB00BM9BZK23
b) Nature of the transaction Purchase in the Market
c) Price(s) and volume(s) Price(s) Volume(s)
10.75p 1,000,000
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange
- Ends -
Contacts
Various Eateries plc Via Alma
Mark Loughborough (Chief Executive Officer)
Sharon Badelek (Chief Financial Officer)
Zeus (Sole Broker & NOMAD) +44 (0)20 3829 5000
Harry Ansell (Broking)
Antonio Bossi (NOMAD)
Darshan Patel
George Duxberry
Alma Strategic Communications +44 (0)20 3405 0205
David Ison variouseateries@almastrategic.com (mailto:variouseateries@almastrategic.com)
Rebecca Sanders-Hewett
Will Merison
About Various Eateries
Various Eateries owns, develops and operates restaurant, clubhouse and hotel
sites in the United Kingdom. The Group's stated mission is "great people
delivering unique experiences through continuous innovation".
The Group operates two core brands across 20 locations:
Coppa Club, a multi-use, all day concept that combines restaurant, terrace,
café, lounge, bar and work spaces.
Noci, a modern pasta-led concept which serves very high-quality dishes at
reasonable prices.
For more information visit www.variouseateries.co.uk
(http://www.variouseateries.co.uk/) .
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