Exercise of Options and Total Voting Rights

RNS Number : 5843K

Fulham Shore PLC (The)

02 September 2021

 

2 September 2021

The Fulham Shore PLC

("Fulham Shore", the "Company" or the "Group")

Exercise of options and total voting rights

The Company has received notice that a number of employees have exercised 300,000 options over Ordinary Shares at an exercise price of 10.15p per option and 225,000 options over Ordinary Shares at an exercise price of 11p per option. Of these exercised options, 320,000 options will be net-settled pursuant to the amendments to the Unapproved Share Option Scheme announced by the Company on 22 February 2021 and will result in the issue of 139,176 new Ordinary Shares. Application has been made for the 344,176 new Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on or around 8 September 2021.

Following the exercise of options detailed above, the Company has a total of 50,220,406 options over new Ordinary Shares outstanding under share option schemes, equivalent to 7.5% of the enlarged issued share capital of the Company.

Total voting rights

Following Admission, the Company will have 620,122,330 Ordinary Shares in issue, each with one voting right. The Company does not hold any shares in treasury and therefore the total number of voting rights in the Company is 620,122,330. This figure should be used by shareholders as the denominator for the calculations by which they should determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules. 

For further information, please contact:

The Fulham Shore PLC	www.fulhamshore.com
David Page / Nick Wong	Via Hudson Sandler
Singer Capital Markets (Nominated Adviser & Broker) Shaun Dobson / James Moat / Kailey Aliyar / Hannah Woodley	[phone]
Hudson Sandler - Financial PR Alex Brennan / Lucy Wollam	[e-mail] Telephone: [phone]

Notes for editors

Information on The Fulham Shore PLC

Fulham Shore owns and operates "The Real Greek" (  www.therealgreek.com  ) and "Franco Manca" (  www.francomanca.co.uk  ) restaurants.

Fulham Shore was incorporated in March 2012. The Directors believed that there were attractive investment opportunities within the restaurant sector in the UK and that, given their collective experience in the restaurant sector, they could take advantage of the opportunities which existed.

The ordinary shares of the Company were admitted to trading on AIM in October 2014 in order to capitalise on such opportunities and to give the company employees, customers and public the ability to share in the enterprise.

The Real Greek

Since its foundation in London in 1999, The Real Greek group has grown steadily, now offering modern Greek cuisine in 20 restaurants across London and Southern England.

The Real Greek food centres on the delicious, healthy diet of the Eastern Mediterranean, staying true to the Greek ethos of food, family and friends. Dishes are created using premium ingredients sourced from Greece and Cyprus whenever possible, and developed by Tonia Buxton, the face of Greek food in the UK.

The Real Greek's menu and atmosphere retain the spirit of eating in Greece, encouraging diners to take their time eating amongst friends and family, be it a relaxed dinner, family get-together, or a fully catered party.

Franco Manca

Franco Manca opened its first restaurant in 2008 and now has 55 restaurants, primarily in London, but also with restaurants across the UK (e.g. Edinburgh, Glasgow, Manchester, Leeds, Cambridge, Bath, Oxford, Bristol and Exeter).

Franco Manca's pizza is made from slow-rising sourdough and is baked in an oven that produces high heat. The slow levitation and blast cooking process lock in the flour's natural aroma and moisture, giving a soft and easily digestible crust. Where possible, locally sourced and organic ingredients are used.

Franco Manca has received the following accolades:

Winner of the Casual Dining Best Family Dining Experience Award 2020

Winner of the R200 Best Value Restaurant Operator- Over 20 Sites Award 2019 and 2017

 

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