RNS Number : 9108H
Various Eateries PLC
11 October 2024
 

11 October 2024

VARIOUS EATERIES PLC

 

("Various Eateries" or "the Company" and with its subsidiaries "the Group")

Director/PDMR Dealing

Various Eateries PLC, the owner, developer and operator of restaurant, clubhouse and hotel sites in the United Kingdom, announces that Xercise2 Limited (a company owned and controlled by Hugh Osmond (Non-Executive Director of the Company)), on 9 October 2024 purchased 2,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 15 pence per share. Following this transaction Xercise2 Limited's beneficial holding is now 39,436,256 Ordinary Shares representing approximately 22.53% of the total issued share capital and voting rights in the Company.

The resultant aggregate interest of Hugh Osmond and members of his Concert Party in the ordinary shares in the capital of the Company for the purpose of the City Code, is 110,739,152 ordinary shares, representing 63.2% of the Enlarged Share Capital. 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Xercise2 Limited (a company owned and controlled by Hugh Osmond)

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 in Various Eateries plc

 

 

 

GB00BM9BZK23 

b)

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

15p

2,000,000

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

N/A (single transaction)

e)

Date of the transaction 

09/10/24

f)

Place of the transaction

AIM, London Stock Exchange

 

-     Ends        -

 

 

Enquiries

 

Various Eateries plc 


 Via Alma

Andy Bassadone 

Executive Chairman 


Sharon Badelek 

Chief Financial Officer 





Zeus Capital Limited 

Sole Broker and NOMAD 

Tel: +44 (0)203 829 5000

Broking  

Harry Ansell 



Nominated Adviser 

Antonio Bossi 



Darshan Patel



Isaac Hooper






Alma Strategic Communications

Financial PR 

Tel: +44 (0)20 3405 0205 

David Ison 


variouseateries@almastrategic.com 

Rebecca Sanders-Hewett



Will Merison



 

 

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 Hugh Osmond (Founder), Andy Bassadone (Executive Chairman) and Sharon Badelek (CFO).

 

The Group operates two core brands across 20 locations: 

 

Coppa Club, a multi-use, all day concept that combines restaurant, terrace, café, lounge, bar and work spaces

 

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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