Grant of options

RNS Number : 7973Z

Fulham Shore PLC (The)

17 March 2017

 

The Fulham Shore plc

 ("Fulham Shore" or "the Company")

Grant of options

The Fulham Shore plc (AIM: FUL) announces that the Company yesterday granted 1,200,000 options over ordinary shares in the Company ("Ordinary Shares") to employees pursuant to The Fulham Shore Company Share Option Plan ("CSOP") and the Unapproved Share Option Scheme (together, the "Options"). The Options have an exercise price of £0.1775 per Ordinary Share (being yesterday's closing mid-market price). None of the Options have been granted to persons discharging managerial responsibilities ("PDMRs").

Following the grant of the Options, the Company has a total of 61,198,820 options over new Ordinary Shares outstanding under share incentive schemes.

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For further information, please contact:

The Fulham Shore plc	www.fulhamshore.com
David Page	Tel: [phone]
Allenby Capital Limited Nick Naylor / Jeremy Porter / James Reeve	Tel: [phone]

Notes for editors

Information on The Fulham Shore plc

Fulham Shore was incorporated in March 2012. The Directors believe that there are attractive investment opportunities within the restaurant and food service sectors in the UK.

The Directors believe that, given their collective experience in the restaurant and food service sectors, they can take advantage of the opportunities which exist in these sectors.

The ordinary shares of the Company were admitted to trading on AIM in October 2014 in order to capitalise on such opportunities.

Today Fulham Shore currently operates "The Real Greek" (www.therealgreek.com) and "Franco Manca" (www.francomanca.co.uk) restaurants, as well as a Bukowski Grill restaurant.

The Real Greek

Since establishing in 1999, The Real Greek group has grown steadily, now offering modern Greek cuisine in 12 restaurants across London and the home counties.

Ambassadors of Greek food and Greek hospitality in the UK, The Real Greek food centres on the delicious, healthy diet of the Eastern Mediterranean, staying true to the Greek ethos for food, family and life. Dishes are created using premium ingredients sourced from Greece and Cyprus whenever possible, and developed by Tonia Buxton, the face of Greek food in the UK.

Both The Real Greek's menu and atmosphere retains the spirit of eating in Greece, encouraging diners to take their time eating amongst friends and family, be it a relaxed dinner, family get-together, or fully catered party.

Franco Manca

Franco Manca opened its first restaurant in 2008 and now has 31 restaurants, primarily in London, but with recent openings in Brighton, Southampton and Guildford with other locations outside London in the pipeline.

Franco Manca's pizza is made from slow-rising sourdough and is baked in a wood-burning oven that produces a heat of about 500°c (930°F). The slow levitation and blast cooking process lock in the flour's natural aroma and moisture, giving a soft and easily digestible crust. Where possible, locally sourced and organic ingredients are used. Pizza prices start from £4.95.

"If you only eat one pizza this year, make sure it's Franco Manca" - Tatler

Bukowski

Bukowski is a London-based charcoal-grill restaurant and bar, serving breakfasts, burgers and grills.  Bukowski has four restaurants in London, one of which Fulham Shore operates in Soho under a franchise agreement.

 

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