Director Dealing

RNS Number : 5168M

Tortilla Mexican Grill PLC

24 May 2022

 

Tortilla Mexican Grill PLC

("Tortilla" or the "Company")

Director Dealing

Tortilla Mexican Grill PLC announces that it has been notified that Andy Naylor, Chief Financial Officer of the Company, yesterday purchased 3,717 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 134.5 pence per Ordinary Share. Following this purchase, Andy Naylor is beneficially interested in 139,717 Ordinary Shares, representing approximately 0.36 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	Andy Naylor
2	Reason for the notification
a)	Position/status	Chief Financial 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 Identification code	Ordinary Shares of one pence each ("Ordinary Shares") GB00BNYDGZ21
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)	3,717 Ordinary Shares @ 134.50 pence each
d)	Aggregated information -  Volume  -  Price -  Total	N/A
e)	Date of the transaction	23 May 2022 at approximately 14:10 BST
f)	Place of the transaction	XLON

For further information, please contact: Tortilla Mexican Grill PLC Richard Morris, Chief Executive Officer Andy Naylor, Chief Finance Officer	Via Hudson Sandler
Liberum Capital (Nominated Adviser, Sole Broker) Andrew Godber Edward Thomas Nikhil Varghese	Tel: [phone]
Hudson Sandler Alex Brennan Lucy Wollam Charlotte Cobb	Tel: [phone] [e-mail]

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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