Best of the Best PLC

Share Issue/Capital Change • Jul 19, 2023

National Storage Mechanism | Additional information

RNS Number : 5615G

Best of the Best PLC

19 July 2023

Best of the Best plc

("Best of the Best", "BOTB", "the Company" or "the Group")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

Rule 2.9 Announcement

Best of the Best plc (LSE: BOTB), the provider of online competitions to win cars and other prizes, announces that it has today issued and allotted 94,352 new ordinary shares of 5 pence each in the Company ("Ordinary Shares") pursuant to the exercise of options by Ben Hughes, a Director of the Board and the Marketing Director of BOTB and another senior employee of the Company, in connection with the recommended and mandatory cash offer made by Globe Invest Limited ("GIL"), to acquire all of the  issued and to be issued shares in the capital of BOTB ("BOTB Shares") not already owned by GIL (the "Offer").

The following transactions occurred for Ben Hughes as shown below:

Director/ PDMR	Position	Number of Options over Ordinary Shares exercised	Exercise price per Ordinary Share	Options remaining after exercise	Share Plan
Ben Hughes	Marketing Director	9,352	£2.25	-	EMI
41,500	£3.85	-	EMI
28,500	£3.85	-	BOTB Unapproved Share Option Scheme
Total		79,352

Ben Hughes and his PCAs will hold 119,352 Ordinary Shares following admission of the new Ordinary Shares representing 1.41 per cent. of the issued share capital of the Company.

Admission

Following the above transactions, application has been made for the 94,352 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 25 July 2023. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 8,461,376. Accordingly, the figure of 8,461,376 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Rule 2.9 disclosure

In accordance with Rule 2.9 of the Code, BOTB confirms that following Admission pursuant to the exercise of the options referenced above, expected on 25 July 2023 it will have in issue 8,461,376 ordinary shares of 5 pence each. The International Securities Identification Number (ISIN) for the ordinary shares is GB00B16S3505.

Enquiries:

Best of the Best plc	William Hindmarch, Chief Executive Rupert Garton, Commercial Director	T: 020 7371 8866
finnCap (Rule 3 Adviser, Nominated Adviser and Broker to BOTB)	Corporate Finance Carl Holmes Teddy Whiley Alice Lane	T: 020 7220 0500

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Hughes

2

Reason for the notification

a)

Position/status

PDMR - 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

Best of the Best plc

b)

LEI

213800A7RTSCF8IWQ247

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 of 5 pence each in the Company

GB00B16S3505

b)

Nature of the transaction

·    Exercise of awards under the BOTB EMI option Scheme

·    Exercise of awards under the BOTB EMI option Scheme

·    Exercise of awards under the BOTB Unapproved share option Scheme

.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
235p	9,352 (under the EMI) 41,500 (under the EMI)  28,500 (under the BOTB Unapproved share option scheme)
385p 385p

d)

Aggregated information

- Aggregated volume

- Price

N/a single transaction

e)

Date of the transaction

19 July 2023

f)

Place of the transaction  

London

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