Director/PDMR Shareholding

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

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Enquiries

Various Eateries plc		Via Alma
Andy Bassadone	Executive Chairman
Sharon Badelek	Chief Financial Officer
Zeus Capital Limited	Sole Broker and NOMAD	Tel: [phone]
Broking   Harry Ansell
Nominated Adviser  Antonio Bossi
Darshan Patel
Isaac Hooper
Alma Strategic Communications	Financial PR	Tel: [phone]
David Ison		[e-mail]
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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