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Hotel Chocolat Group (HOTC)

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Wednesday 25 September, 2019

Hotel Chocolat Group

Director/PDMR Dealing and Total Voting Rights

RNS Number : 5420N
Hotel Chocolat Group PLC
25 September 2019
 

 

25 September 2019

 

Hotel Chocolat Group plc

 

("Hotel Chocolat", the "Company" or the "Group")

 

Director/PDMR Dealing and Total Voting Rights

 

The Company announces today that it has issued 2,318,650 new ordinary shares of 0.1p each in the Company ("Ordinary Shares") pursuant to the exercise of share options by certain employees, including certain Directors and persons discharging managerial responsibility. The options were issued under the Company's Long-Term Incentive Plan and have been exercised at an exercise price of 148p each. The exercise of the above share options has been satisfied by the Company's block listing arrangements.

Following the exercise of the share options, certain employees, including certain Directors and persons discharging managerial responsibility, have sold 1,971,330 Ordinary shares.

The details of the exercise of options and the sale of Ordinary Shares by certain Directors are set out below:


Initial Holding



Resultant Holding

Director

Number of Ordinary Shares

Percentage of issued share capital

Options exercised

Ordinary shares sold

Number of Ordinary Shares

Percentage of issued share capital

Matthew Pritchard

26,392

0.02%

779,730

701,125

104,997

0.09%

Matthew Margereson

0

0.00%

779,730

526,165

253,565

0.22%

 

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

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

 

1. Matthew Robert Phillip Pritchard

2. Matthew Paul Margereson

2

 

Reason for the notification

 

a)

 

Position/status

 

1. Chief Financial Officer

2. Chief Operating Officer

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Hotel Chocolat Group plc

b)

 

LEI

 

213800B4D3J15PZHVY29

 

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 0.1 pence each

 

ISIN: GB00BYZC3B04

b)

 

Nature of the transaction

 

 

Exercise of options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

 

1.     148 pence

 779,730

2.     148 pence

 779,730

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

n/a (single transaction)

 

 

 

 

e)

 

Date of the transaction

 

24 September 2019

f)

 

Place of the transaction  

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

1. Matthew Robert Phillip Pritchard

2. Matthew Paul Margereson

2

 

Reason for the notification

 

a)

 

Position/status

 

1. Chief Financial Officer

2. Chief Operating Officer

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Hotel Chocolat Group plc

b)

 

LEI

 

213800B4D3J15PZHVY29

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 0.1 pence each

 

ISIN: GB00BYZC3B04

b)

 

Nature of the transaction

 

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

 

1.     370 pence

 701,125

2.     370 pence

 526,165

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

n/a (single transaction)

 

 

 

 

e)

 

Date of the transaction

 

24 September 2019

f)

 

Place of the transaction  

 

London Stock Exchange, AIM

 

 

For further information:

 


Hotel Chocolat Group plc                                                  

Angus Thirlwell, Co-founder and Chief Executive Officer

Peter Harris, Co-founder and Development Director

Matt Pritchard, Chief Financial Officer

 

c/o Citigate           + 44 (0) 20 7638 9571

Citigate Dewe Rogerson - Financial PR          

Angharad Couch

Ellen Wilton

Elizabeth Kittle

 

+ 44 (0) 20 7638 9571

Liberum Capital Limited - Nominated Advisor and Broker

Clayton Bush

James Greenwood

William Hall

 

+ 44 (0) 20 3100 2222

 

 

Notes to Editors:

Hotel Chocolat is a premium British chocolatier with a strong and distinctive brand. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of stores in the UK and abroad. The Group has a cocoa plantation and eco-hotel in Saint Lucia, offering complete cocoa immersion thorough tree-to-bar experiences and wellness treatments. The Group also has a flagship restaurant and cocoa roastery in London's Borough Market: Rabot 1745. The Group was admitted to trading on AIM in 2016.  

 


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 [email protected] or visit www.rns.com.
 
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