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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tortilla Mexican Grill Plc | LSE:MEX | London | Ordinary Share | GB00BNYDGZ21 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 45.00 | 43.00 | 46.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Eating Places | 57.7M | -639k | -0.0165 | -26.97 | 17.21M |
TIDMMEX
RNS Number : 4914I
Tortilla Mexican Grill PLC
02 December 2022
2 December 2022
Tortilla Mexican Grill plc
("Tortilla" or the "Company")
Grant of awards to Directors/PDMRs under
the Tortilla Mexican Grill plc Long Term Incentive Plan 2021
Tortilla Mexican Grill plc, the largest and most successful fast-casual Mexican restaurant group in the UK, announces the grant of nil cost options ("Nil Cost Options") over ordinary shares of the Company to directors under the Tortilla Mexican Grill plc Long Term Incentive Plan 2021 ("LTIP").
Given the importance of retaining our leadership team to deliver on our long term strategy , under the LTIP a limited number of eligible employees have been granted Nil Cost Options to subscribe for ordinary shares in the Company of GBP0.01 each ("Shares"), subject to continued employment. The Company announces that the following Directors and Persons Discharging Managerial Responsibility ("PDMRs") of the Company have been granted Nil Cost Options:
Name of Director/PDMR Number of Shares subject to N il Cost Option ("Award Shares") R ichard Morris 120,000 ----------------------------------- A ndy Naylor 85,714 -----------------------------------
The Nil Cost Options were granted on 1 December 2022 and will vest on 1 December 2024.
All Nil Cost Options are subject to the malus and clawback provisions set out in the LTIP rules.
All unexercised Nil Cost Options will lapse on the day falling immediately prior to the tenth anniversary of the date of grant.
The total number of Shares under option, including the Award Shares, is now 1,946,046 ("Total Option Shares"), including 893,481 granted to Richard Morris and 549,802 granted to Andy Naylor.
In the event that all of the Award Shares are issued, all other existing options over Shares are exercised, and no other Shares have been issued by the Company at that time, the Total Option Shares will represent 4.79% of the resulting issued share capital of the Company.
For further information, please contact:
Tortilla Mexican Grill PLC Via Hudson Sandler Richard Morris, CEO Andy Naylor, CFO Liberum Capital Limited (Nominated Adviser, Tel: 020 3100 2222 Sole Broker) Andrew Godber Edward Thomas Nikhil Varghese Hudson Sandler (Public Relations) Tel: 020 7796 4133 Wendy Baker Tortilla@hudsonsandler.com Lucy Wollam Charlotte Cobb
Notification of Dealing Form:
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
1 Details of the person discharging managerial responsibilities / person closely associate a) Name Richard Morris ---------------------------- ------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status Chief Executive Officer ---------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment ---------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name Tortilla Mexican Grill plc ---------------------------- ------------------------------------------- b) LEI 213800YQDPNTU1EY8U28 ---------------------------- ------------------------------------------- 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 GBP0.01 each the financial instrument, type of instrument Identification ISIN: GB00BNYDGZ21 code b) Nature of the transaction Grant of share awards under The Tortilla Mexican Grill plc Long Term Incentive Plan 2021. ---------------------------- ------------------------------------------- c) Price(s) and volume(s) Price per share Volume Nil 120,000 -------- ---------------------------- ------------------------------------------- d) Aggregated Information n/a single transaction Volume Price ---------------------------- ------------------------------------------- e) Date of transaction 1 December 2022 ---------------------------- ------------------------------------------- f) Place of transaction Outside a trading venue ---------------------------- -------------------------------------------
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
1 Details of the person discharging managerial responsibilities / person closely associate a) Name Andy Naylor ---------------------------- ------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status Chief Financial Officer ---------------------------- ------------------------------------------- b) Initial notification Initial notification /Amendment ---------------------------- ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name Tortilla Mexican Grill plc ---------------------------- ------------------------------------------- b) LEI 213800YQDPNTU1EY8U28 ---------------------------- ------------------------------------------- 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 GBP0.01 each the financial instrument, type of instrument Identification ISIN: GB00BNYDGZ21 code b) Nature of the transaction Grant of share awards under The Tortilla Mexican Grill plc Long Term Incentive Plan 2021. ---------------------------- ------------------------------------------- c) Price(s) and volume(s) Price per share Volume Nil 85,714 -------- ---------------------------- ------------------------------------------- d) Aggregated Information n/a single transaction Volume Price ---------------------------- ------------------------------------------- e) Date of transaction 1 December 2022 ---------------------------- ------------------------------------------- f) Place of transaction Outside a trading venue ---------------------------- -------------------------------------------
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(END) Dow Jones Newswires
December 02, 2022 10:21 ET (15:21 GMT)
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