Redesignation of B Shares & Director shareholding

Bow Street Group PLC

24 April 2026

 

24 April 2026

Bow Street Group plc

("Bow Street Group", the "Group" or the "Company")

Redesignation of B Shares and Director/PDMR shareholding

Bow Street Group (AIM: BOW), the owner and operator of "Wildwood" and "dim t" restaurants, announces the redesignation of its B Shares into Deferred Shares (the "Redesignation") and a consequential change in the shareholding of Jonny Plant, the Group's Chief Executive Officer.  The Company has undertaken the Redesignation in order to enable the repurchase and/or cancellation of all of its Deferred Shares and therefore to enable the simplification of the Company's capital structure.

Redesignation of B Shares into Deferred Shares

In accordance with the Company's Articles of Association (the "Articles") and the rules of the Growth Share Scheme adopted on 15 January 2021, all outstanding unvested B Ordinary Shares of £0.00001 each in the Company (the "B Shares") have automatically been redesignated into Deferred Shares of £0.099 each in the Company (the "Deferred Shares") following the expiry of Growth Share Scheme on its fifth anniversary. The Redesignation is at a ratio of 9,900 B Shares into 1 Deferred Share.

To facilitate this process and bring the Growth Share Scheme to an end, on 22 April 2026 the Company undertook the following actions in accordance with the Articles:

-     noted the automatic redesignation of all of the 10,451,094 issued B Shares (save for 6,594 issued B Shares) into 1,055 Deferred Shares at a ratio of 9,900:1 on 16 January 2026;

-    the issue and allotment of 3,306 B Shares to Jonny Plant for consideration of £0.00001 per B Share (being their nominal value) by way of capitalisation of the aggregate sum of £0.03306 standing to the credit of the Company's share premium account (the "Topped‑Up Shares"); and

-       noted the redesignation of all of the then remaining 9,900 issued B Shares (as increased by the issue and allotment of the Topped‑Up Shares) into 1 Deferred Share at a ratio of 9,900:1.

The Deferred Shares carry limited rights, are not admitted to trading on AIM or any other stock market and have de minimis value. Any proposal to buy back and/or cancel the Deferred Shares would be subject to shareholder approval and any buy back proposal would be for de-minimis value. The Company will make a further announcement if and when appropriate.

Director/PDMR shareholding

Following the actions set out above on 22 April 2026, Jonny Plant, the Group's Chief Executive Officer and the only registered holder of B Shares, was allotted 3,306 B Shares at a price of £0.00001 each which amounted to a total consideration of £0.03306. As noted above, on 16 January 2026 the 10,444,500 unvested B Shares held by Jonny Plant were redesignated as 1,055 Deferred Shares and on 22 April 2026 the Topped-Up Shares together with the remaining 6,594 unvested B Shares that he already held were redesignated as 1 Deferred Share.

Following these allotments and redesignation, Jonny Plant now holds the following total beneficial interests in the Company's issued share capital:

Share Class	Number of each share class held	% of the Company's ordinary share capital
Ordinary Shares of £0.001 each	22,317,448	0.99%
B Shares of £0.00001 each	Nil	N/A
Deferred Shares of £0.099 each	4,155,635	N/A

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

For further information, contact:

Bow Street Group plc	Tel: [phone]
David Page - Executive Chairman Jonny Plant - Chief Executive Officer Nick Wong - Chief Financial Officer
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)	Tel: [phone]
Matt Goode / George Lawson / Trisyia Jamaludin - Corporate Finance Dale Bellis / Harriet Ward - Sales and Corporate Broking
Allenby Capital Limited (Joint Broker)	Tel: [phone]
Nick Naylor / James Reeve - Corporate Finance Jos Pinnington - Sales and Corporate Broking
Hudson Sandler (Financial PR)	Tel: [phone] [e-mail]
Alex Brennan / Harry Griffiths / Jackson Redley

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Jonathan Plaut also known as Jonny Plant
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bow Street Group plc
b)	LEI	213800SGH7OLTZURQM14
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	B Shares of 0.001 pence each
	Identification code	GB00B17MN067
b)	Nature of the transaction	Allotment of B Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.00001	3,306
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	22 April 2026
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Jonathan Plaut also known as Jonny Plant
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bow Street Group plc
b)	LEI	213800SGH7OLTZURQM14
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	Deferred Shares of 9.9 pence each
	Identification code	GB00B17MN067
b)	Nature of the transaction	Redesignation of B Shares into Deferred Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.099	1,055
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	16 January 2026
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Jonathan Plaut also known as Jonny Plant
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bow Street Group plc
b)	LEI	213800SGH7OLTZURQM14
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	Deferred Shares of 9.9 pence each
	Identification code	GB00B17MN067
b)	Nature of the transaction	Redesignation of B Shares into Deferred Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.099	1
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	22 April 2026
f)	Place of the transaction	XOFF

 

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