Grant of Warrants

RNS Number : 2888Y

YOLO Leisure & Technology PLC

08 May 2019

 

YOLO Leisure and Technology plc

("YOLO" or the "Company")

Grant of Warrants

YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, announces the grant of warrants to Simon Robinson and Sohail Bhatti, both directors of the Company, at an exercise price of 5p ("Warrants"). Details of the Warrants and the executive directors' other holdings of options and warrants are set out below.

Director	Number of ordinary shares held prior to grant	Ordinary shares held as percentage of issued voting share capital	Number of options and warrants held prior to grant	Number of Warrants granted	Number of options and warrants held following grant
Simon Robinson	1,389,201	2.66%	980,000	2,000,000	2,980,000
Sohail Bhatti	66,667	0.13%	Nil	2,000,000	2,000,000

The Warrants were granted on 7 May 2019 and may be exercised at any time up until 31 May 2022.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

YOLO Leisure and Technology plc
Simon Lee Robinson	[e-mail]
Cairn Financial Advisers LLP
Sandy Jamieson, Liam Murray	Tel: [phone]
Peterhouse Capital Limited (Sole broker)
Duncan Vasey / Lucy Williams	Tel: +  44 20 7220 9797
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Paul McManus	Mob: [phone]
Sam Allen	Mob: [phone]

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	1)    Simon Robinson 2)    Sohail Bhatti
2	Reason for notification
a.	Position/Status	1)    Executive Chairman 2)    CFO
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	YOLO Leisure & Technology plc
b.	LEI	213800AYJZ2B8QNY7H15
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	Warrant over ordinary shares ISIN:  GB00B6TG6Y69
b.	Nature of the transaction	Grant of warrants
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			1)    5p 2)    5p	1)    2,000,000 2)    2,000,000
d.	Aggregated information - Aggregated Volume - Price	4,000,000 5p
e.	Date of the transaction	7 May 2019
f.	Place of the transaction	AIM

 

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