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Xercise2 Limited, a company owned and controlled by Various Eateries PLC Non-Executive Director Hugh Osmond, purchased 1,000,000 ordinary shares in the Company on 2 April 2025 at a price of 10.75 pence per share. Following this transaction, Xercise2 Limited's beneficial holding totals 40,436,256 Ordinary Shares, representing approximately 23.10% of the total issued share capital. The aggregate interest of Hugh Osmond and his Concert Party now stands at 111,739,152 ordinary shares, representing 63.8% of the Enlarged Share Capital.
| Date | 3 Apr 2025 |
| Time | 07:00:11 |
| Category | Director/PDMR dealings |
| ID | 4384D |
3 April 2025
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 2 April 2025 purchased 1,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 10.75 pence per share. Following this transaction Xercise2 Limited's beneficial holding is now 40,436,256 Ordinary Shares representing approximately 23.10% 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 111,739,152 ordinary shares, representing 63.8% of the Enlarged Share Capital.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Xercise2 Limited (a company owned and controlled by Hugh Osmond) |
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2 |
Reason for the notification |
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a) |
Position/status |
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b) |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Various Eateries plc |
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b) |
LEI |
213800SWZ6W3RNE32B76 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 1p each
GB00BM9BZK23 |
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b) |
Nature of the transaction |
Purchase in the Market |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
n/a (single transaction) |
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e) |
Date of the transaction |
2 April 2025 |
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f) |
Place of the transaction |
London Stock Exchange |
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- Ends -
Contacts
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Various Eateries plc |
Via Alma |
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Mark Loughborough (Chief Executive Officer) |
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Sharon Badelek (Chief Financial Officer) |
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Zeus (Sole Broker & NOMAD) |
+44 (0)20 3829 5000 |
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Harry Ansell (Broking) |
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Antonio Bossi (NOMAD) |
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Darshan Patel George Duxberry |
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Alma Strategic Communications |
+44 (0)20 3405 0205 |
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David Ison |
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Rebecca Sanders-Hewett |
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Will Merison |
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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 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 pasta-led concept which serves very high-quality dishes at reasonable prices.
For more information visit www.variouseateries.co.uk.