REG - Various Eateries PLC - PCA Trading Notification

Various EateriesAnnouncement

25/11/2021 07:00

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RNS Number : 5258T  Various Eateries PLC  25 November 2021

25 November 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 Friends Provident International
(FPI operates on an execution only basis on the sole instruction of Hugh
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
 Friends Provident International Ltd (FPI operates on an execution only basis  5,513,484         5,513,484                     76.5p                         0
 on the sole instruction of Hugh Osmond)

 

 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  31,922,772        5,513,484                  76.5p                         37,436,256

 

 

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 37,436,256 Ordinary Shares
are held by Xercise 2 Limited, 3,174,603 Ordinary Shares are held by the Great
House at Sonning Limited, nil 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
 Nomad - Katy Mitchell

 Alma PR                               Financial PR                       Tel: +44 (0) 20 3405 0205
 David Ison                                                               variouseateries@almapr.co.uk
 Susie Hudson

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Friends Provident International 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  Ordinary shares of 1p

     Identification code

                                                                  GB000B9BZK23
 b)  Nature of the transaction                                    Share Transfer
 c)  Price(s) and volume(s)                                       5,513,484 ordinary shares at 76.5p
 d)  Aggregated information

     -    Aggregated volume                                       5,513,484 ordinary shares

     -    Price                                                   76.5p
 e)  Date of the transaction                                      24 November 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  Ordinary shares of 1p

     Identification code

                                                                  GB000B9BZK23
 b)  Nature of the transaction                                    Share Transfer
 c)  Price(s) and volume(s)                                       5,513,484 ordinary shares at 76.5p
 d)  Aggregated information

     -    Aggregated volume                                       5,513,484 ordinary shares

     -    Price                                                   76.5p
 e)  Date of the transaction                                      24 November 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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