Notification of transactions by persons discharging managerial responsibilities
Acquisition of shares
26 September 2022
Hostmore plc (the "Company") announces that it has been notified of the following PDMR transactions:
Stephen Welker, Non-Executive Director, has notified the Company that:
· on 22 September 2022 he acquired 500,000 ordinary shares of £0.20 each in the Company (each a "Share") for an aggregated price of £0.165831 each; and
· on 23 September 2022 he acquired 312,500 Shares for an aggregated price of £0.16606.
Following the purchase, Stephen Welker holds an aggregate of 4,045,850 Shares, of which 189,268 Shares are held in his own name and 3,856,582 Shares are held by Beechenbrook Holdings LLC of which Stephen Welker is the sole owner.
The Notification of Dealing Form is set out below.
This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
Details of the person discharging managerial responsibilities
Reason for the notification
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the financial instrument, type of instrument
Ordinary shares of £0.20 each
Nature of the transaction
Purchase of shares
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
22 September 2022 - 500,000
23 September 2022 - 312,500
Place of the transaction
Robert B. Cook, Chief Executive Officer
Alan Clark, Chief Financial Officer
+44 330 460 5588
Oliver Hughes, Simon Hockridge, Eleni Menikou
+44 203 128 8100
NOTES TO EDITORS
Hostmore plc is a UK hospitality business which runs the American-themed casual bar and dining brand, 'Fridays' (formerly TGI Fridays), the cocktail-led bar and restaurant brand, '63rd+1st', and the fast casual dining brand, 'Fridays and Go'.
The Group was established in 2021 to provide a platform for the development and growth of attractive hospitality brands, defined by their iconic brand experience and vibrant heritage. Hostmore is focused on the organic growth of its existing brands, alongside expanding through new, exciting concepts which have roll-out potential.
Hostmore currently operates 90 sites in the UK, the majority of which are in high footfall locations, including retail parks, shopping centres and city centres.