Tortilla Mexican Grill PLC
("Tortilla" or the "Company")
Director/PDMR Shareholding
Tortilla, the largest and most successful fast-casual Mexican restaurant group in the UK, has been informed that today, its Founder and Non-Executive Director Brandon Stephens transferred 3,210,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to his spouse for nil consideration. As a result of this transfer, the beneficial holding of Brandon Stephens and his closely associated persons remains unchanged at 3,210,000 Ordinary Shares, representing 8.3% of the Company's issued share capital. These 3,210,000 Ordinary Shares remain subject to a lock-in and orderly market agreement as set out in the Company's AIM Admission Document dated 30 September 2021.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).
| 1. | Details of PDMR / person closely associated with them ('PCA') | |||||
| a) | Name | Brandon Stephens | ||||
| 2. | Details of PDMR / person closely associated with them ('PCA') | |||||
| a) | Position / status | Founder Non-Executive Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 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; | |||||
| c) | Description of the financial instrument | Ordinary shares of £0.01 each
ISIN: GB00BNYDGZ21 | ||||
| d) | Nature of the transaction | Transfer of 3,210,000 Ordinary Shares to spouse for nil consideration.
| ||||
| e) | Price(s) and volume(s) |
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| f) | Aggregated information
Aggregated volume
Price |
n/a (single transaction)
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| g) | Date of the transaction | 2 March 2022
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| h) | Place of the transaction | N/A
| ||||
| 3. | Details of PDMR / person closely associated with them ('PCA') | |||||
| a) | Name | Jennifer Roebuck | ||||
| 4. | Details of PDMR / person closely associated with them ('PCA') | |||||
| a) | Position / status | PCA of Brandon Stephens (Founder Non-Executive Director) | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 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; | |||||
| c) | Description of the financial instrument | Ordinary shares of £0.01 each
ISIN: GB00BNYDGZ21 | ||||
| d) | Nature of the transaction | Receipt of 3,210,000 Ordinary Shares from spouse for nil consideration.
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| e) | Price(s) and volume(s) |
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| f) | Aggregated information
Aggregated volume
Price |
n/a (single transaction)
| ||||
| g) | Date of the transaction | 2 March 2022
| ||||
| h) | Place of the transaction | N/A
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