9 Sep 2022 07:00
Best of the Best plc
("Best of the Best", "BOTB", "the Company" or "the Group")
Director / PDMR Dealings
Holdings in Company
Further to the announcement released on 8 September 2022 regarding the Letter of Intent entered into with Globe Invest Limited and the subsequent proposed acquisition of a strategic stake by Globe Invest Limited in BOTB, the Company announces that that William Hindmarch (and persons closely associated ("PCA") to him) sold 1,689,970 ordinary shares of five pence each in Best of the Best ("Ordinary Shares") at 400 pence per Ordinary Share. Following this transaction, William Hindmarch now has a beneficial interest in 992,331 Ordinary Shares representing 11.9 per cent. of the issued Ordinary Share capital of the Company.
Rupert Garton sold 477,822 Ordinary Shares at 400 pence per Ordinary Share and accordingly, Rupert Garton now has a beneficial interest in 280,571 Ordinary Shares representing 3.4 per cent. of the issued Ordinary Share capital of the Company.
In addition, Michael Hindmarch, the former Chairman of BOTB, today also sold 333,948 Ordinary Shares at 400 pence per Ordinary Share and accordingly, Michael Hindmarch now has a beneficial interest in 206,657 Ordinary Shares representing 2.47 per cent. of the issued Ordinary Share capital of the Company.
Globe Invest Limited acquired a total of 2,501,740 Ordinary Shares at a price of 400p, representing 29.9 per cent of the Issued Share Capital of BOTB.
Enquiries:
Best of the Best plc William Hindmarch, Chief Executive Officer Rupert Garton, Commercial Director
| T: 020 7371 8866 |
Buchanan Chris Lane / Toto Berger
| T: 020 7466 5000 |
Oakvale Capital (Financial Adviser) Daniel Burns / Kieran Davey
|
T: 0207 580 3838 |
finnCap (Nominated Adviser and Broker) Carl Holmes / Teddy Whiley (Corporate Finance) Alice Lane (ECM)
| T: 020 7220 0500 |
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014 Please visit www.botb.com for further information
The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.
1. | Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||
a) | Name | William Hindmarch and his PCA | ||||
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 | Best of the Best plc | ||||
b) | Legal Entity Identifier | 213800A7RTSCF8IWQ247 | ||||
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 | Ordinary shares of 5 pence each in the Company GB00B16S3505 | ||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Aggregated price |
N/A N/A
| ||||
e) | Date of the transaction(s) | 8 September 2022 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||
a) | Name | Rupert Garton | ||||
2. | Reason for the notification | |||||
a) | Position / status | Commercial Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Best of the Best plc | ||||
b) | Legal Entity Identifier | 213800A7RTSCF8IWQ247 | ||||
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 | Ordinary shares of 5 pence each in the Company GB00B16S3505 | ||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Aggregated price |
N/A N/A
| ||||
e) | Date of the transaction(s) | 8 September 2022 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||