RNS Number : 4672V
Various Eateries PLC
05 April 2023
 

 

5 April 2023

VARIOUS EATERIES PLC

("Various Eateries" or "the Company"

and with its subsidiaries "the Group")

 

Issue of Options

 

Further to its announcement dated 9 February 2023, Various Eateries confirms that it has issued options over 642,857 Ordinary Shares in the Company to Sharon Badelek, the newly appointed CFO and an Executive Director of the Company (the "New Options"). The New Options have been issued as part of Sharon's standard remuneration package with the Company.

 

107,142 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 28p and vest in three equal tranches over three years with the rst vesting date being the rst anniversary of the date of grant; they remain, however, conditional on the continued employment of the recipient at the date of exercise.

 

Sharon Badelek holds no other options over ordinary shares in the Company.

 

Enquiries 

 

Various Eateries plc 


 Via Alma PR 

Andy Bassadone 

Executive Chairman 


Yishay Malkov 

Chief Executive Officer 


Sharon Badelek

Chief Financial Officer 





WH Ireland Limited 

Sole Broker and NOMAD 

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 

Pippa Crabtree 



 

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

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Sharon Badelek

2

Reason for the notification

a)

Position/status

Executive Director/CFO

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)

28p

642,857



d)

Aggregated information

-   Aggregated volume

 -   Price

 

642,857

28p

 

e)

Date of the transaction

4 April 2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

 

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