TIDMMEX

RNS Number : 5168M

Tortilla Mexican Grill PLC

24 May 2022

Tortilla Mexican Grill PLC

("Tortilla" or the "Company")

Director Dealing

Tortilla Mexican Grill PLC announces that it has been notified that Andy Naylor, Chief Financial Officer of the Company, yesterday purchased 3,717 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 134.5 pence per Ordinary Share. Following this purchase, Andy Naylor is beneficially interested in 139,717 Ordinary Shares, representing approximately 0.36 per cent. of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them:

 
1   Details of the person discharging managerial responsibilities/person closely associated 
a)  Name                                             Andy Naylor 
2   Reason for the notification 
a)  Position/status                                  Chief Financial Officer / PDMR 
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; (ii) 
     each type of transaction; (iii) each date; and (iv) each place where transactions have been 
     conducted 
a)  Description of the financial                     Ordinary Shares of one pence 
     instrument, type of instrument                   each ("Ordinary Shares") 
     Identification code                              GB00BNYDGZ21 
b)  Nature of the transaction                        Acquisition of shares 
c)  Price(s) and volume(s)                           3,717 Ordinary Shares @ 134.50 
                                                      pence each 
d)  Aggregated information                           N/A 
     - Volume 
     - Price 
     - Total 
e)  Date of the transaction                          23 May 2022 at approximately 
                                                      14:10 BST 
f)  Place of the transaction                         XLON 
 
 
For further information, please contact: 
 Tortilla Mexican Grill PLC 
 Richard Morris, Chief Executive Officer 
 Andy Naylor, Chief Finance Officer 
                                                   Via Hudson Sandler 
Liberum Capital (Nominated Adviser, Sole Broker)  Tel: 020 3100 2222 
 Andrew Godber 
 Edward Thomas 
 Nikhil Varghese 
Hudson Sandler                                    Tel: 020 7796 4133 
 Alex Brennan                                      tortilla@hudsonsandler.com 
 Lucy Wollam 
 Charlotte Cobb

About Tortilla Mexican Grill plc

Tortilla is the largest and most successful fast-casual Mexican restaurant group in the UK specialising in the sale of freshly made Californian-inspired Mexican cuisine. The Group had 68 sites worldwide as of 31 March 2022, comprising 52 sites in the UK operated by the Group, three sites franchised to SSP Group in the UK, four sites franchised to Compass Group UK & Ireland and nine franchised sites in the Middle East.

The Group was founded in 2007 by Brandon Stephens, originally from California who, upon his arrival in London in 2003, found it difficult to satisfy his desire for quality burritos and tacos. As a result, Brandon established Tortilla with a mission of offering customers freshly prepared, customisable, and authentic Californian-inspired Mexican food.

The brand is synonymous with an energetic, vibrant culture, and with providing a great value-for-money proposition. It embraces fast-growing sector trends (including eating out, healthy eating, provenance, ethnic cuisine, delivery) across a variety of locations, through a differentiated product offering which is popular with a broad customer base, and a clearly defined multi-channel marketing strategy. It benefits from flexible site locations and formats, and a scalable central infrastructure.

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END

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May 24, 2022 05:12 ET (09:12 GMT)

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