TIDMVARE

RNS Number : 7387I

Various Eateries PLC

06 December 2022

6 December 2022

VARIOUS EATERIES PLC

("Various Eateries" or "the Company" and with its subsidiaries "the Group")

PDMR Transfer of Shareholding

The Company was notified today that on 1 December 2022 Gareth Edwards, a Non-Executive Director of the Company, has transferred his entire holding of 46,547 ordinary shares in the Company to a self-invested personal pension (SIPP) account for 31.05p per ordinary share consideration.

Gareth Edwards remains the beneficial holders of these shares. Accordingly, the total number of ordinary shares that Gareth Edwards has an interest in remains unchanged at 119,047 Ordinary Shares, representing 0.13% of the issued share capital of the Company.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1     Details of the person discharging managerial responsibilities 
----  --------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Gareth Edwards 
----  -------------------------------------------------------------  ------------------------------------ 
 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    Ordinary shares of 1 pence each 
        Identification code 
                                                                       GB00BM9BZK23 
----  -------------------------------------------------------------  ------------------------------------ 
 b)    Nature of the transaction                                      Transfer between connected accounts 
----  -------------------------------------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s)                                          Price(s)   Volume(s) 
                                                                       ---------  ---------- 
                                                                        31.05p        46,547 
                                                                       ---------  ---------- 
----  -------------------------------------------------------------  ------------------------------------ 
 d)    Aggregated information 
   - Aggregated volume                                                                             46,547 
    - Price                                                                                        31.05p 
 ------------------------------------------------------------------  ------------------------------------ 
 e)    Date of the transaction                                        1 December 2022 
----  -------------------------------------------------------------  ------------------------------------ 
 f)    Place of the transaction                                       London Stock Exchange (XLON) 
 
 

Enquiries

 
 Various Eateries 
  plc 
 Andy Bassadone           Executive Chairman          Via Alma PR 
 Yishay Malkov            Chief Executive Officer 
                          Interim Chief Financial 
 James Darwent             Officer 
 
                          Sole Broker and Nominated 
 WH Ireland Limited        Adviser                    Tel: +44 (0)20 7220 1666 
 Broking 
  Harry Ansell 
 Nominated Adviser 
  Katy Mitchell / Megan 
  Liddell 
 
 Alma PR                  Financial PR                Tel: +44 (0)20 3405 0205 
 David Ison                                           variouseateries@almapr.co.uk 
 Lily Soares Smith 
 Pippa Crabtree 
 

About Various Eateries

Various Eateries owns, develops and operates restaurant 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 Andy Bassadone (Executive Chairman), Hugh Osmond (Founder), Yishay Malkov (CEO), James Darwent (Interim CFO) and Matt Fanthorpe (Chef Director, a non-board position).

The Group operates three core brands across 15 locations:

 
 
          *    Coppa Club, a multi-use, all day concept that 
               combines restaurant, terrace, café, lounge, bar 
               and work spaces 
 
          *    Tavolino, a restaurant aiming to address a gap in the 
               market for high-quality Italian food at mid-market 
               prices 
 
          *    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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END

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(END) Dow Jones Newswires

December 06, 2022 04:09 ET (09:09 GMT)

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