Fri, 21st Jun 2019 07:00
21 June 2019
("BigDish" or the "Company")
Further re: Issue of Equity
BigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, announces that further to the notifications made on 6 June 2019 and 11 June 2019, due to an administrative oversight the application had not been made to the London Stock Exchange for the admission of the shares to trading on the standard segment of the Official List. Consequently, application has now been made for 29,666,667 new ordinary shares to be admitted to trading, which is expected to occur around 24 June 2019 ("Admission").
Following Admission, the Company's enlarged issued share capital will be 315,514,186, as notified on 11 June 2019. The total number of voting rights in the Company is therefore 315,514,186. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014.
+44 (0) 20 7138 3204
Notes to Editors
BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry, including a mobile App.
The Company helps restaurants in the UK fill their spare capacity and optimise their revenues through smart and dynamic discounts. Consumers can access these via the BigDish App and website platforms. Restaurants pay BigDish a fee per diner seated.
BigDish is fully committed to delivering shareholder value to its stakeholders through this model and is actively seeking to expand across the UK. An expansion strategy has been outlined which divides the UK into territorial target areas.