Comptoir Group PLC Grant of Options (2903E)

TIDMCOM

RNS Number : 2903E

Comptoir Group PLC

28 June 2023

Comptoir Group Plc

("Comptoir", the "Group" or the "Company")

Grant of Options

Comptoir Group Plc announces that the Company's Remuneration Committee has granted options over 2,400,000 Ordinary Shares in the Company to Nick Ayerst, who last year was appointed the new CEO and an Executive Director of the Company (the "New Options"). The New Options have been issued as part of Nick's standard remuneration package with the Company.

1,078,167 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 5.6p and vest in one tranche over three years with a vesting date of April 2026. They are conditional on the continued employment of the recipient at the date of exercise.

Following the grant of the New Options, the Company has a total of 7,170,000 shares under option representing 5.9% per cent of the Company's total issued share capital. Nick Ayerst holds no other options or ordinary shares in the Company.

For further information, please contact:

Enquiries:

 
 Comptoir Group plc                      via Camarco 
  Beatrice Lafon, Non-Executive Chair 
  Nick Ayerst, CEO 
  Michael Toon, FD 
 finnCap Ltd (Nominated Adviser and 
  Broker) 
  Simon Hicks                            0207 220 0500 
 Camarco (Media Contact) 
  Jennifer Renwick 
  [e-mail] 
 

About Comptoir Group

Comptoir Group PLC owns and operates 26 Lebanese restaurants, six of which are franchised, based predominately in the UK. The flagship brand of the group, Comptoir Libanais, is a collection of 20 restaurants located across London and nationwide, including cities such as Manchester, Bath, Birmingham, Oxford and Exeter.

The name Comptoir Libanais means Lebanese Counter and is a place where guests can eat casually and enjoy Middle Eastern food, served with warm and friendly hospitality, just like back home.

The Group also operates Shawa, serving traditional shawarmas through a counter service model in Westfield and Bluewater shopping centres, Yalla-Yalla with branches near Oxford Circus and in Soho, and entertainment venue Kenza, located in Devonshire Square, London.

The group has expanded internationally with its franchise partners HMSHOST, with restaurants in the Netherlands, Qatar and Dubai.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                 Nick Ayerst 
     -----------------------------------  ------------------------------ 
 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                                 Comptoir Group plc 
     -----------------------------------  ------------------------------ 
 b)   LEI                                  213800QQ62TS1W4K3I50 
     -----------------------------------  ------------------------------ 
 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                       Ordinary Shares of 1p each 
       the Financial instrument, 
       type of instrument 
      Identification                       GB00BYT1L205 
       code 
     -----------------------------------  ------------------------------ 
 b)   Nature of the transaction            Issue of Options 
     -----------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                Price(s)    Volume(s) 
                                             nil         2,400,000 
                                                        ---------- 
     -----------------------------------  ------------------------------ 
 d)   Aggregated information: 
        *    Aggregated volume               As in 4c) above 
 
 
        *    Price 
     -----------------------------------  ------------------------------ 
 e)   Date of the transaction              28 June 2023 
     -----------------------------------  ------------------------------ 
 f)   Place of the transaction             Outside a trading venue 
     -----------------------------------  ------------------------------ 
 

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June 28, 2023 12:18 ET (16:18 GMT)