Share Name Share Symbol Market Type Share ISIN Share Description
Tasty Plc LSE:TAST London Ordinary Share GB00B17MN067 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.90p 4.70p 5.10p 4.90p 4.90p 4.90p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 47.3 -11.8 -19.4 - 7.00

Tasty PLC Results of Open Offer

30/04/2019 4:47pm

UK Regulatory (RNS & others)


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RNS Number : 6321X

Tasty PLC

30 April 2019

The information contained within this announcement (the "Announcement") is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this Announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

30 April 2019

Tasty plc

("Tasty" or the "Company")

Results of Open Offer

Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, is pleased to announce that further to the announcement of the Placing and Open Offer on 12 April 2019, it has conditionally raised total gross proceeds of GBP0.25 million via the Open Offer of up to 6,294,262 Open Offer Shares.

The Open Offer closed for acceptances at 11.00 a.m. on 30 April 2019. The Company received valid acceptances from Qualifying Shareholders in respect of 6,580,017 Open Offer Shares including applications for 5,199,269 Open Offer Shares under the Excess Application Facility. This represents 104.5 per cent. of the maximum Open Offer Shares available under the Open Offer. Accordingly, the maximum number of Open Offer Shares will be issued and allotted pursuant to the Open Offer. Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Open Offer Entitlement. Applications under the Excess Application Facility will therefore be scaled back in accordance with the terms of the Open Offer. Such issue and allotment is conditional only on passing of the relevant resolutions at the General Meeting to be held at 11.00 a.m. on 1 May 2019 and Admission, which is expected to take place at 08.00 a.m. on 2 May 2019.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 12 April 2019.

For further information, please contact:

Tasty plc Tel: 020 7637 1166

Jonny Plant, Chief Executive

   Cenkos Securities (Nominated advisor and broker)                  Tel: 020 7397 8900 

Mark Connelly / Cameron MacRitchie

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 30, 2019 11:47 ET (15:47 GMT)

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