6 December 2022
VARIOUS EATERIES PLC
("Various Eateries" or "the Company" and with its subsidiaries "the Group")
PDMR Transfer of Shareholding
The Company was notified today that on 1 December 2022 Gareth Edwards, a Non-Executive Director of the Company, has transferred his entire holding of 46,547 ordinary shares in the Company to a self-invested personal pension (SIPP) account for 31.05p per ordinary share consideration.
Gareth Edwards remains the beneficial holders of these shares. Accordingly, the total number of ordinary shares that Gareth Edwards has an interest in remains unchanged at 119,047 Ordinary Shares, representing 0.13% of the issued share capital of the Company.
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 | Gareth Edwards | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-Executive 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 | 213800SWZ6W3RNE32B76 | ||||
| 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
GB00BM9BZK23 | ||||
| b) | Nature of the transaction | Transfer between connected accounts | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
46,547 31.05p | ||||
| e) | Date of the transaction | 1 December 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| | | | ||||
Enquiries
| Various Eateries plc | | |
| Andy Bassadone | Executive Chairman | Via Alma PR |
| Yishay Malkov | Chief Executive Officer | |
| James Darwent | Interim Chief Financial Officer | |
| | | |
| WH Ireland Limited | Sole 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 | | variouseateries@almapr.co.uk |
| Lily Soares Smith | | |
| Pippa Crabtree | | |
About Various Eateries
Various Eateries owns, develops and operates restaurant 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), James Darwent (Interim CFO) 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
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.