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: 020 3100 2222

 

Hudson Sandler

Alex Brennan

Lucy Wollam

Charlotte Cobb

Tel: 020 7796 4133

tortilla@hudsonsandler.com

 

 

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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