PDMR Dealing

RNS Number : 8972Q

Hotel Chocolat Group PLC

02 March 2021

 

2 March 2021

HOTEL CHOCOLAT GROUP PLC

("Hotel Chocolat", the "Company" or the "Group")

PDMR Dealing

The Company announces that, on 2 March 2021, Co-founder and Chief Executive Officer, Angus Thirlwell, and Co-founder and Development Director, Peter Harris, both of whom are PDMRs of the Company, each settled 5,300,000 ordinary shares of 0.1 pence each ("Ordinary Shares") into trusts they have set up for the benefit of their respective family members and for philanthropic purposes. Mr Thirlwell and Mr Harris, together with their wives, are each the trustees of their respective trusts.  As a result, the numbers of Ordinary Shares which Mr Thirlwell and Mr Harris own legally and/or beneficially have not changed.  The Ordinary Shares which they hold legally and/or beneficially are shown in the table below.

PDMR	Number of Ordinary Shares	Percentage of issued share capital
Peter Harris	37,255,657	29.67%
Angus Thirlwell	37,255,657	29.67%

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	PETER MARK HARRIS
2	Reason for the notification
a)	Position/status	CO-FOUNDER AND DEVELOPMENT DIRECTOR
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	HOTEL CHOCOLAT GROUP PLC
b)	LEI	213800B4D3J15PZHVY29
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	HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH
	Identification code	ISIN: GB00BY23CB04
b)	Nature of the transaction	TRANSFER OF ORDINARY SHARES INTO TRUST
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
				£0	5,300,000
d)	Aggregated information
	- Aggregated volume	n/a single transaction
	- Price
e)	Date of the transaction	2 MARCH 2021
f)	Place of the transaction	OUTSIDE A TRADING VENUE

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ANGUS THIRLWELL
2	Reason for the notification
a)	Position/status	CO-FOUNDER AND CHIEF EXECUTIVE OFFICER
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	HOTEL CHOCOLAT GROUP PLC
b)	LEI	213800B4D3J15PZHVY29
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	HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH
	Identification code	ISIN: GB00BY23CB04
b)	Nature of the transaction	TRANSFER OF ORDINARY SHARES INTO TRUST
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
				£0	5,300,000
d)	Aggregated information
	- Aggregated volume	n/a single transaction
	- Price
e)	Date of the transaction	2 MARCH 2021
f)	Place of the transaction	OUTSIDE A TRADING VENUE

For further information:

Hotel Chocolat Group plc	c/o Citigate  + 44 (0) 20 7638 9571
Angus Thirlwell, Co-founder and Chief Executive Officer
Peter Harris, Co-founder and Development Director
Matt Pritchard, Chief Financial Officer
Liberum Capital Limited - Nominated Advisor and Broker	+ 44 (0) 20 3100 2222
Clayton Bush
James Greenwood
Citigate Dewe Rogerson - Financial PR	+ 44 (0) 20 7638 9571
Angharad Couch
Ellen Wilton
Kieran Farthing

Notes to Editors:

Hotel Chocolat is a direct-to-consumer premium chocolate brand, involved in every stage of chocolate from growing to making and distributing. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of locations in the UK and USA, and in Japan via a joint venture. The Group has an organic cacao farm and hotel in Saint Lucia, offering complete cacao immersion through tree-to-bar experiences and wellness treatments. The Group also has the Rabot flagship restaurant and cacao roastery in London's Borough Market. The Group was admitted to trading on AIM in 2016.

 

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