Issue of Options

RNS Number : 8253G
Various Eateries PLC
17 November 2022
 

 

VARIOUS EATERIES PLC

("Various Eateries" or "the Company"

and with its subsidiaries "the Group")

 

Issue of Options

 

Various Eateries announces that it has issued options over 250,000 Ordinary Shares to Lyndsay Anderson, the newly appointed Marketing Director of the Company (a non-board position) and a PDMR of the Company (the "New Options"). The New Options have been issued as part of her remuneration package with the Company.

 

86,956 of the New Options are granted under the rules of the Company's CSOP Share Scheme (with the balance being issued as unapproved options); all the New Options have an exercise price of 34.5p and vest in three equal tranches over three years with the first vesting date being the first anniversary of the date of grant; they remain, however, conditional on the continued employment of the recipient at the date of vesting. Lynsey Anderson holds no other options over ordinary shares in the Company.

For further information please contact:

Various Eateries plc



Andy Bassadone

Executive Chairman

Via Alma PR

Yishay Malkov

Chief Executive Officer


James Darwent

 

Interim Chief Financial Officer


 

WH Ireland Limited

Broker and Nominated Adviser

Tel: +44 (0)20 7220 1666

Broking

Harry Ansell



Nominated Adviser

Katy Mitchell / Megan Liddell






Alma PR

Financial PR

Tel: +44 (0)20 3405 0205

David Ison

Lily Soares Smith

Pippa Crabtree


variouseateries@almapr.co.uk






 


 

 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities

a)

Name

Lyndsay Anderson

2

Reason for the notification

a)

Position/status

Marketing 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

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

Identification code

Ordinary shares of 1 pence each

 

GB000B9BZK23

b)

Nature of the transaction

Issue of Share Options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

34.5p

250,000



d)

Aggregated information

-  Aggregated volume

 -  Price

 

250,000

34.5p

 

e)

Date of the transaction

17/11/2022

f)

Place of the transaction

Outside a trading venue

 

 

 

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 Andy Bassadone (Executive Chairman), Hugh Osmond (Founder), Yishay Malkov (CEO) and Matt Fanthorpe (Chef Director, a non-board position).

 

The Group operates three core brands across 15 locations:

 


· Coppa Club, a multi-use, all day concept that combines restaurant, terrace, café, lounge, bar and work spaces


· Tavolino, a restaurant aiming to address a gap in the market for high-quality Italian food at mid-market prices


· Noci, a modern, neighbourhood pasta-only concept which serves very high-quality dishes at reasonable prices

 

For more information visit www.variouseateries.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEBRBDBBBBDGDR
UK 100

Latest directors dealings