RNS Number : 2903E
Comptoir Group PLC
28 June 2023
 


Comptoir Group Plc
 

 

("Comptoir", the "Group" or the "Company")

 

 

Grant of Options

 

Comptoir Group Plc announces that the Company's Remuneration Committee has granted options over 2,400,000 Ordinary Shares in the Company to Nick Ayerst, who last year was appointed the new CEO and an Executive Director of the Company (the "New Options"). The New Options have been issued as part of Nick's standard remuneration package with the Company.

 

1,078,167 of the New Options are granted under the rules of the Company's CSOP Share Scheme (with the balance being issued as unapproved options); all the New Options have an exercise price of 5.6p and vest in one tranche over three years with a vesting date of April 2026. They are conditional on the continued employment of the recipient at the date of exercise.

 

Following the grant of the New Options, the Company has a total of 7,170,000 shares under option representing 5.9% per cent of the Company's total issued share capital. Nick Ayerst holds no other options or ordinary shares in the Company.

 

For further information, please contact:

 

Enquiries:

 

Comptoir Group plc

Beatrice Lafon, Non-Executive Chair

Nick Ayerst, CEO

Michael Toon, FD

 

 

via Camarco

finnCap Ltd (Nominated Adviser and Broker)

Simon Hicks

 

 

0207 220 0500

Camarco (Media Contact)

Jennifer Renwick
jennifer.renwick@camarco.co.uk


About Comptoir Group

 

Comptoir Group PLC owns and operates 26 Lebanese restaurants, six of which are franchised, based predominately in the UK. The flagship brand of the group, Comptoir Libanais, is a collection of 20 restaurants located across London and nationwide, including cities such as Manchester, Bath, Birmingham, Oxford and Exeter.

 

The name Comptoir Libanais means Lebanese Counter and is a place where guests can eat casually and enjoy Middle Eastern food, served with warm and friendly hospitality, just like back home.

 

The Group also operates Shawa, serving traditional shawarmas through a counter service model in Westfield and Bluewater shopping centres, Yalla-Yalla with branches near Oxford Circus and in Soho, and entertainment venue Kenza, located in Devonshire Square, London.

 

The group has expanded internationally with its franchise partners HMSHOST, with restaurants in the Netherlands, Qatar and Dubai.

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Ayerst

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Comptoir Group plc

b)

LEI

213800QQ62TS1W4K3I50

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 instrument, type of instrument

Ordinary Shares of 1p each 

Identification code

GB00BYT1L205

b)

Nature of the transaction

Issue of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

2,400,000

d)

Aggregated information:

· Aggregated volume

· Price

 

As in 4c) above

 

e)

Date of the transaction

28 June 2023

f)

Place of the transaction

Outside a trading venue

 

 

 

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