REG - Various Eateries PLC - Director/PDMR Shareholding

Various EateriesAnnouncement

11/10/2024 11:30

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RNS Number : 9108H  Various Eateries PLC  11 October 2024

11 October 2024

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 9 October 2024 purchased 2,000,000 ordinary shares of 1p
each in the Company ("Ordinary Shares") at a price of 15 pence per share.
Following this transaction Xercise2 Limited's beneficial holding is now
39,436,256 Ordinary Shares representing approximately 22.53% 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 110,739,152 ordinary shares, representing 63.2% 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 in Various Eateries plc

       Identification code

                                                                    GB00BM9BZK23
 b)    Nature of the transaction                                    Purchase of shares
 c)    Price(s) and volume(s)

Price(s)  Volume(s)
                                                                    15p       2,000,000
 d)    Aggregated information                                       N/A (single transaction)

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      09/10/24
 f)    Place of the transaction                                     AIM, London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

N/A (single transaction)

e)

Date of the transaction

09/10/24

f)

Place of the transaction

AIM, London Stock Exchange

 

-     Ends        -

 

 

Enquiries

 

 Various Eateries plc                                       Via Alma
 Andy Bassadone                 Executive Chairman
 Sharon Badelek                 Chief Financial Officer

 Zeus Capital Limited           Sole Broker and NOMAD      Tel: +44 (0)203 829 5000
 Broking

 Harry Ansell
 Nominated Adviser

 Antonio Bossi
 Darshan Patel
 Isaac Hooper

 Alma Strategic Communications  Financial PR               Tel: +44 (0)20 3405 0205
 David Ison                                                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 is led by a highly experienced senior team including Hugh Osmond
(Founder), Andy Bassadone (Executive Chairman) and Sharon Badelek (CFO).

 

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, neighbourhood pasta-only 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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