AI Terminal
TASTY PLC
AGM Information • Sep 3, 2025
7949_agm-r_2025-09-03_d3a3e5dd-eb42-4826-95e7-c7bb7fa976ab.html
AGM Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 8565X
Tasty PLC
03 September 2025
3 September 2025
Tasty plc
("Tasty" or the "Company")
Result of General Meeting, Board Changes, Director/PDMR Shareholdings, Change of Name and Total Voting Rights
Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, is pleased to announce that, at the General Meeting held earlier today, all Resolutions were duly passed unanimously on a show of hands.
The total proxy votes received were as follows:
| Resolution | For | % | Against | % | Withheld* |
| 1 (Ordinary) | 109,532,412 | 100.00 | 2,497 | 0.00 | 400 |
| 2 (Special) | 109,433,412 | 99.91 | 101,497 | 0.09 | 400 |
* A vote withheld is not a valid vote in law and is not counted in the calculation of the proportion of the votes 'For' or 'Against' a resolution.
As a result of the passing of the Resolutions, and as announced on 6 August 2025, a total of 2,063,587,240 new Ordinary Shares (comprising 1,699,400,000 Placing Shares, 150,600,000 Subscription Shares, 173,587,240 Retail Offer Shares and 40,000,000 Consideration Shares) will be admitted to trading on AIM at 8.00 a.m. tomorrow, 4 September 2025 ("Admission"), at which time the Acquisition of Ventnor Bay will also complete.
Board Changes
In connection with the Acquisition and the Fundraising, and as part of the growth strategy for the Group, David Page and Nick Wong will be appointed to the Board, conditional on and immediately following Admission and completion of the Acquisition. Information disclosed in accordance with Rule 17 and Schedule 2, paragraph (g) of the AIM Rules for Companies is provided below.
Change of Name
Following the passing of the Resolutions at the General Meeting, the Board has resolved, in accordance with the Articles, to change the name of the Company to "Bow Street Group plc". Application will be made later today to the Registrar of Companies for such name change to take effect. A further announcement will be made in due course once the name change is effective and the Registrar of Companies has issued a change of name certificate.
Alongside the change of name, the Group's website containing the information required by AIM Rule 26 will be updated, and it is expected that the Group's TIDM will change to "BOW". The Company's ISIN and SEDOL will remain unchanged.
Directors, Proposed Directors and Substantial Shareholder's shareholdings
The following Directors, Proposed Directors and certain Substantial Shareholders subscribed for New Ordinary Shares, and will hold beneficial holdings in the Company on Admission, as follows:
| Director/Proposed Director /Substantial Shareholder |
Number of Existing Ordinary Shares | % of Existing Ordinary Shares |
Number of Placing Shares subscribed for at the Issue Price | Number of Subscription Shares subscribed at the Issue Price | Number of Consideration Shares issued at the Issue Price | Number of Retail Offer Shares issued at the Issue Price | Number of Ordinary Shares held on Admission | % of Enlarged Share Capital on Admission |
| Will Roseff | 51,369,863 | 25.99% | 390,000,000 | - | - | - | 441,369,863 | 19.52% |
| Sam Kaye | 20,882,197 | 10.56% | - | - | - | 25,000,000 | 45,882,197 | 2.03% |
| Gresham House Asset Management Limited | 20,088,133 | 10.16% | 240,000,000 | - | - | - | 260,088,133 | 11.50% |
| Adam Kaye | 12,368,168 | 6.26% | - | - | - | 25,000,000 | 37,368,168 | 1.65% |
| Amberstar Limited* | - | - | - | - | - | 50,000,000 | 50,000,000 | 2.21% |
| Jonny Plant | 12,317,448 | 6.23% | 10,000,000 | - | - | - | 22,317,448 | 0.99% |
| Keith Lassman** | 1,421,983 | 0.72% | - | 6,000,000 | - | - | 7,421,983 | 0.33% |
| David Page*** | - | - | 70,000,000 | 45,000,000 | 8,897,760 | - | 123,897,760 | 5.48% |
| Nicholas Wong**** | 10,000 | 0.01% | 110,000,000 | 20,000,000 | 8,976,343 | - | 138,986,343 | 6.15% |
* Amberstar Limited is a company controlled by Phillip, Adam and Sam Kaye.
** Keith Lassman subscribed for 2,600,000 Subscription Shares and his spouse, Michele Lassman, subscribed for 3,400,000 Subscription Shares.
*** David Page subscribed for 70,000,000 Placing Shares and his spouse, Andrea Pinnington, subscribed for 45,000,000 Subscription Shares. David Page will receive 8,425,321 Consideration Shares and Andrea Pinnington will receive 472,439 Consideration Shares pursuant to the terms of the Share Purchase Agreement.
**** Nicholas Wong subscribed for 20,000,000 Subscription Shares through Risksoft Solutions Limited, a company controlled by him. Nick Wong will receive 8,976,343 Consideration Shares pursuant to the terms of the Share Purchase Agreement.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
Total Voting Rights
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 2,261,272,407 with each Ordinary Share carrying the right to one vote. There are no Ordinary Shares held in treasury and therefore the total number of voting rights in the Company is expected to be 2,261,272,407. The above figure 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 share capital of the Company under the FCA's Disclosure, Guidance and Transparency Rules.
Capitalised terms used but not defined in this announcement have the same meanings as set out in the circular to Shareholders dated 7 August 2025.
David Page, Proposed Executive Chairman, commented:
"We are pleased that shareholders are supportive of our transformative growth plan for the Group, which is focused on creating shareholder value by enhancing and refurbishing the estate, investing in the Wildwood and dim t brands, upgrading technology, and delivering acquisitions of high-quality and scalable restaurant businesses. We have a strong pipeline of potential acquisition opportunities for businesses that offer both great quality and value for customers, and we are excited for the future."
For further information, contact:
| Tasty plc | Tel: 020 7637 1166 |
| David Page - Proposed Executive Chairman Jonny Plant - Chief Executive Officer Nick Wong - Proposed Chief Financial Officer |
|
| Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) |
Tel: 020 7220 0500 |
| Katy Birkin / George Lawson / Trisyia Jamaludin - Corporate Finance D ale Bellis / Harriet Ward - Sales and Corporate Broking |
|
| Allenby Capital Limited (Joint Broker) |
Tel: 020 3328 5656 |
| Nick Naylor / Piers Shimwell - Corporate Finance Jos Pinnington - Sales and Corporate Broking |
|
| Hudson Sandler (Financial PR) |
Tel: 020 7796 4133 [email protected] |
| Alex Brennan / Harry Griffiths / Jackson Redley |
Information regarding Rule 17 and Schedule 2 paragraph (g) of the AIM Rules
David Michael Page, aged 73
In addition to his appointment to the Tasty Board, David Page has held the following directorships and/or partnerships in the past five years:
| Current directorships/partnerships | Past directorships/partnerships |
| 1952 Projects Limited | 10DAS Limited |
| 1965 Property Limited | Cafe Pitfield Limited |
| Beepage Limited | CHG Brands Limited |
| Chillbox UK Ltd | Fixed Restaurants Limited |
| The Ventnor Bay Company Limited | FM 111 Limited |
| Wise Food Limited | FM Catherine The Great Limited |
| FM High Holborn Limited | |
| FM London Bridge Limited | |
| FM Summertown Limited | |
| FM6 Limited | |
| FM98 Ltd Limited | |
| Franco Manca 1 UK Limited | |
| Franco Manca 2 UK Limited | |
| Franco Manca Chelmsford Limited | |
| Franco Manca Holdings Limited | |
| Franco Manca International Limited | |
| Franco Manca Peterborough Limited | |
| Kefi Ltd | |
| Made of Dough Ltd. | |
| Meatailer Limited | |
| Meatliquor CPC Limited | |
| Putney Beach Limited | |
| Rocca (2015) Limited | |
| Souvlaki & Bar Limited | |
| The Fulham Shore Limited | |
| The Old Boys Club Ltd | |
| The Real Greek (Norwich) Limited | |
| The Real Greek Bracknell Limited | |
| The Real Greek Food Company Limited | |
| The Real Greek International Limited | |
| The Real Greek Wine Company Limited | |
| Wishbone Brixton Ltd |
David Page was: (i) a director of each of Tootsies Holdings Limited, Urban Dining Limited, Tootsies Restaurants Limited and TD Scotland Limited at the time such companies were placed into administration on 12 October 2009; (ii) a director of Tootsies Restaurants Limited at the time it was placed into creditors voluntary liquidation on 7 October 2010; (iii) a director of each of Nilecroft Limited, Odsey Limited, Overpark Limited and Seahawk Limited each of which were placed into receivership on 14 January 2009, within 12 months of his ceasing to be a director; and (iv) a director of CHG 2 Limited which was placed into administration on 16 January 2009, within 12 months of his ceasing to be a director.
With effect from Admission, Mr Page will hold beneficial interests over 123,897,760 ordinary shares in the Company representing 5.48% of the Company's issued ordinary share capital. Of these, 45,472,439 ordinary shares, equivalent to 2.01% of the Company's issued ordinary share capital are held by Mr Page's spouse.
Nicholas ("Nick") Chi Wai Wong, aged 49
In addition to his appointment to the Tasty Board, Nick Wong has held the following directorships and/or partnerships in the past five years:
| Current directorships/partnerships | Past directorships/partnerships |
| Asset Force Investments Limited | 10DAS Limited |
| Hanford Management Limited | Cafe Pitfield Limited |
| Risksoft Solutions Limited | Fixed Restaurants Limited |
| FM 111 Limited | |
| FM Catherine The Great Limited | |
| FM High Holborn Limited | |
| FM London Bridge Limited | |
| FM Summertown Limited | |
| FM6 Limited | |
| FM98 Ltd Limited | |
| Franco Manca 1 UK Limited | |
| Franco Manca 2 UK Limited | |
| Franco Manca Chelmsford Limited | |
| Franco Manca Holdings Limited | |
| Franco Manca International Limited | |
| Franco Manca Peterborough Limited | |
| Kefi Ltd | |
| Putney Beach Limited | |
| The Fulham Shore Limited | |
| The Real Greek (Norwich) Limited | |
| The Real Greek Bracknell Limited | |
| The Real Greek Food Company Limited | |
| The Real Greek International Limited |
Nick Wong was: (i) a director of each of Tootsies Holdings Limited, Urban Dining Limited, Tootsies Restaurants Limited and TD Scotland Limited at the time such companies were placed into administration on 12 October 2009; (ii) a director of Tootsies Restaurants Limited at the time it was placed into creditors voluntary liquidation on 7 October 2010.
With effect from Admission, Mr Wong will hold beneficial interests over 138,986,343 ordinary shares in the Company representing 6.15% of the Company's issued ordinary share capital. Of these, 20,000,000 ordinary shares, equivalent to 0.88% of the Company's issued ordinary share capital are held by Risksoft Solutions Limited, a company controlled by Mr Wong.
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 | Keith Lassman | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-executive Chairman | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Tasty plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| 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 | Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Subscription for Subscription Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.005 | 2,600,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 August 2025 | |
| f) | Place of the transaction | XOFF |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Michele Lassman | |
| 2 | Reason for the notification | ||
| a) | Position/status | PCA of Keith Lassman, Non-executive Chairman | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Tasty plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| 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 | Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Subscription for Subscription Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.005 | 3,400,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 August 2025 | |
| f) | Place of the transaction | XOFF |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jonny Plant | |
| 2 | Reason for the notification | ||
| a) | Position/status | 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 | Tasty plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| 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 | Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Subscription for Placing Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.005 | 10,000,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 August 2025 | |
| f) | Place of the transaction | XOFF |
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 [email protected] 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
ROMPKNBQKBKDNCK