Tasty PLC Grant of Options (2845Q)

TIDMTAST

RNS Number : 2845Q

Tasty PLC

17 October 2019

17 October 2019

Tasty plc

("Tasty" or the "Company")

Grant of Options

Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, today announces that the following Persons Discharging Managerial Responsibilities ("PDMRs") have been granted options ("Options") under the Company's 2012 Company Share Option Scheme ("CSOP") over, in aggregate, 975,000 new ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") exercisable under the terms of the CSOP, at any time until the third anniversary of the date of grant, at 3.25 pence per new Ordinary Share.

 
 Name of PDMR       Role                Number of Options 
                                         Granted 
 Mayuri Vachhani    Finance Director    750,000 
                   ------------------  ------------------ 
 Zahra Rostami      Head of Finance     150,000 
                   ------------------  ------------------ 
 Nikki Lennard      Finance Manager      75,000 
                   ------------------  ------------------ 
 

For further information, please contact:

 
 Tasty plc                                  Tel: [phone] 
 Jonny Plant, Chief Executive 
 
 Cenkos Securities plc (Nominated adviser 
  and broker) 
 Katy Birkin / Cameron MacRitchie           Tel: [phone] 
 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            1. Mayuri Vachhani 
                                       2. Zahra Rostami 
                                       3. Nikki Lennard 
     -------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                 1. Finance Director 
                                       2. Head of Finance 
                                       3. Finance Manager 
     -------------------------  ---------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
     -------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                       Tasty plc 
     -------------------------  ---------------------------------------- 
 b)   LEI                        213800SGH7OLTZURQM14 
     -------------------------  ---------------------------------------- 
 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                Ordinary Shares of 0.1 pence each 
       of the financial 
       instrument,                ISIN: GB00B17MN067 
       type of instrument 
       Identification 
       code 
     -------------------------  ---------------------------------------- 
 b)   Nature of the              Grant of Options over Ordinary Shares 
       transaction 
     -------------------------  ---------------------------------------- 
 c)   Price(s) and                 Price(s)        Volume(s) 
       volume(s)                    1. GBP0.0325    1. 750,000 
                                     2. GBP0.0325    2. 150,000 
                                     3. GBP0.0325    3. 75,000 
                                                   ------------ 
     -------------------------  ---------------------------------------- 
 d)   Aggregated information 
       - Aggregated                N/A - single transaction 
       volume 
       - Price 
     -------------------------  ---------------------------------------- 
 e)   Date of the                17 October 2019 
       transaction 
     -------------------------  ---------------------------------------- 
 f)   Place of the               Outside a trading venue 
       transaction 
     -------------------------  ---------------------------------------- 
 

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END

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October 17, 2019 10:12 ET (14:12 GMT)