Tortilla Mexican Grill PLC Director Dealing (5168M)
May 24 2022 - 6:11AM
UK Regulatory
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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