Various Eateries PLC Issue of Options (4672V)
05 Abril 2023 - 3:36AM
UK Regulatory
TIDMVARE
RNS Number : 4672V
Various Eateries PLC
05 April 2023
5 April 2023
VARIOUS EATERIES PLC
("Various Eateries" or "the Company"
and with its subsidiaries "the Group")
Issue of Options
Further to its announcement dated 9 February 2023, Various
Eateries confirms that it has issued options over 642,857 Ordinary
Shares in the Company to Sharon Badelek, the newly appointed CFO
and an Executive Director of the Company (the "New Options"). The
New Options have been issued as part of Sharon's standard
remuneration package with the Company.
107,142 of the New Options are granted under the rules of the
Company's CSOP Share Scheme (with the balance being issued as
unapproved options); all the New Options have an exercise price of
28p and vest in three equal tranches over three years with the rst
vesting date being the rst anniversary of the date of grant; they
remain, however, conditional on the continued employment of the
recipient at the date of exercise.
Sharon Badelek holds no other options over ordinary shares in
the Company.
Enquiries
Various Eateries plc Via Alma PR
Andy Bassadone Executive Chairman
Yishay Malkov Chief Executive Officer
Sharon Badelek Chief Financial Officer
WH Ireland Limited Sole Broker and NOMAD 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
Pippa Crabtree
The notifications set out below are provided in accordance with
the requirements of the Market Abuse Regulations.
1 Details of the person discharging managerial responsibilities
---- -------------------------------------------------------------------------------------------------
a) Name Sharon Badelek
---- ------------------------------------------------------------- ----------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------------------
a) Position/status Executive Director/CFO
---- ------------------------------------------------------------- ----------------------------------
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 21300SWZ6W3RNE32B76
---- ------------------------------------------------------------- ----------------------------------
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
GB000B9BZK23
---- ------------------------------------------------------------- ----------------------------------
b) Nature of the transaction Issue of Share Options
---- ------------------------------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
28p 642,857
---- ------------------------------------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 642,857
- Price 28p
------------------------------------------------------------------ ----------------------------------
e) Date of the transaction 4 April 2023
---- ------------------------------------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
---- ------------------------------------------------------------- ----------------------------------
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
Andy Bassadone (Executive Chairman), Hugh Osmond (Founder), Yishay
Malkov (CEO) 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
April 05, 2023 04:36 ET (08:36 GMT)
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