2 Mar 2021 13:24
2 March 2021
HOTEL CHOCOLAT GROUP PLC
("Hotel Chocolat", the "Company" or the "Group")
PDMR Dealing
The Company announces that, on 2 March 2021, Co-founder and Chief Executive Officer, Angus Thirlwell, and Co-founder and Development Director, Peter Harris, both of whom are PDMRs of the Company, each settled 5,300,000 ordinary shares of 0.1 pence each ("Ordinary Shares") into trusts they have set up for the benefit of their respective family members and for philanthropic purposes. Mr Thirlwell and Mr Harris, together with their wives, are each the trustees of their respective trusts. As a result, the numbers of Ordinary Shares which Mr Thirlwell and Mr Harris own legally and/or beneficially have not changed. The Ordinary Shares which they hold legally and/or beneficially are shown in the table below.
PDMR | Number of Ordinary Shares | Percentage of issued share capital |
Peter Harris | 37,255,657 | 29.67% |
Angus Thirlwell | 37,255,657 | 29.67% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| PETER MARK HARRIS
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CO-FOUNDER AND DEVELOPMENT DIRECTOR | ||||
b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| HOTEL CHOCOLAT GROUP PLC | ||||
b)
| LEI
| 213800B4D3J15PZHVY29 | ||||
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 | HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH | ||||
Identification code | ISIN: GB00BY23CB04 | |||||
b)
| Nature of the transaction
| TRANSFER OF ORDINARY SHARES INTO TRUST | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£0 | 5,300,000 | |||||
d)
| Aggregated information | |||||
- Aggregated volume | n/a single transaction | |||||
- Price | ||||||
e)
| Date of the transaction
| 2 MARCH 2021 | ||||
f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| ANGUS THIRLWELL
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CO-FOUNDER AND 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
| HOTEL CHOCOLAT GROUP PLC | ||||
b)
| LEI
| 213800B4D3J15PZHVY29 | ||||
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 | HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH | ||||
Identification code | ISIN: GB00BY23CB04 | |||||
b)
| Nature of the transaction
| TRANSFER OF ORDINARY SHARES INTO TRUST | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£0 | 5,300,000 | |||||
d)
| Aggregated information | |||||
- Aggregated volume | n/a single transaction | |||||
- Price | ||||||
e)
| Date of the transaction
| 2 MARCH 2021 | ||||
f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | ||||
For further information:
Hotel Chocolat Group plc | c/o Citigate + 44 (0) 20 7638 9571 |
Angus Thirlwell, Co-founder and Chief Executive Officer | |
Peter Harris, Co-founder and Development Director | |
Matt Pritchard, Chief Financial Officer | |
Liberum Capital Limited - Nominated Advisor and Broker | + 44 (0) 20 3100 2222 |
Clayton Bush | |
James Greenwood | |
Citigate Dewe Rogerson - Financial PR | + 44 (0) 20 7638 9571 |
Angharad Couch | |
Ellen Wilton | |
Kieran Farthing |
Notes to Editors:
Hotel Chocolat is a direct-to-consumer premium chocolate brand, involved in every stage of chocolate from growing to making and distributing. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of locations in the UK and USA, and in Japan via a joint venture. The Group has an organic cacao farm and hotel in Saint Lucia, offering complete cacao immersion through tree-to-bar experiences and wellness treatments. The Group also has the Rabot flagship restaurant and cacao roastery in London's Borough Market. The Group was admitted to trading on AIM in 2016.