VARIOUS EATERIES PLC

Director's Dealing • Oct 11, 2024

National Storage Mechanism | Additional information

RNS Number : 9108H

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

-      Ends        -

Enquiries

Various Eateries plc		Via Alma
Andy Bassadone	Executive Chairman
Sharon Badelek	Chief Financial Officer
Zeus Capital Limited	Sole Broker and NOMAD	Tel: +44 (0)203 829 5000
Broking    Harry Ansell
Nominated Adviser   Antonio Bossi
Darshan Patel
Isaac Hooper
Alma Strategic Communications	Financial PR	Tel: +44 (0)20 3405 0205
David Ison		variouseateries@almastrategic.com
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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBGBDGRBBDGSB