Fulham Shore PLC (The) PDMR Shareholding (6221D)
April 28 2017 - 1:01AM
UK Regulatory
TIDMFUL
RNS Number : 6221D
Fulham Shore PLC (The)
28 April 2017
28 April 2017
The Fulham Shore plc
("Fulham Shore" or "the Company")
PDMR shareholding
The Fulham Shore plc (AIM: FUL) has been informed that Mrs Karen
Akhtar on 27 April 2017 sold 480,000 ordinary shares in the Company
("Ordinary Shares"), of which 250,000 Ordinary Shares were sold at
a price of 21.5p per share and 230,000 Ordinary Shares were sold at
21.0p per share (the "Sale"). Mrs Akhtar is the wife of Jawaid
Akhtar, the Operations Director of Franco Manca, and is therefore
deemed to be a person closely associated with a PDMR.
Following the Sale, Karen Akhtar, Jawaid Akhtar and persons
closely associated are beneficially interested in 17,155,836
Ordinary Shares, equivalent to 3.00 per cent. of the Company's
issued share capital. Mr Akhtar also holds 1,000,000 options over
Ordinary Shares.
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 Karen Akhtar
--- -------------------------- -------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Person closely associated
with Jawaid Akhtar, the
Operations Director of Franco
Manca (PDMR)
--- -------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- -------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name The Fulham Shore plc
--- -------------------------- -------------------------------
b) LEI n/a
--- -------------------------- -------------------------------
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 Ordinary shares of 1p each
financial instrument, in The Fulham Shore plc
type of instrument
Identification code Identification code (ISIN)
for The Fulham Shore plc
ordinary shares: GB00B9F8VG44
--- -------------------------- -------------------------------
b) Nature of the transaction Sale of shares
--- -------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
21.5p 250,000
21.0p 230,000
--------- ----------
--- -------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 480,000 Ordinary Shares
- Price 21.26p
--- -------------------------- -------------------------------
e) Date of the transaction 27 April 2017
--- -------------------------- -------------------------------
f) Place of the transaction London Stock Exchange, AIM
(XLON)
--- -------------------------- -------------------------------
The information set out in this announcement is provided in
accordance with the requirements of Article 19(3) of the EU Market
Abuse Regulation No 596/2014.
- Ends -
For further information, please contact:
The Fulham Shore plc www.fulhamshore.com
David Page Tel: 07836 346 934
Allenby Capital Limited
Nick Naylor / Jeremy Porter Tel: 0203 328 5656
/ James Reeve
Notes for editors
Information on The Fulham Shore plc
Fulham Shore was incorporated in March 2012. The Directors
believed that there were attractive investment opportunities within
the restaurant sector in the UK and that, given their collective
experience in the restaurant sector, they could take advantage of
the opportunities which existed.
The ordinary shares of the Company were admitted to trading on
AIM in October 2014 in order to capitalise on such opportunities
and to give the company employees, customers and public the ability
to share in the enterprise.
Today Fulham Shore currently operates "The Real Greek"
(/www.therealgreek.com) and "Franco Manca" (www.francomanca.co.uk)
restaurants, as well as a Bukowski Grill restaurant in Soho.
The Real Greek
Since its foundation in London in 1999, The Real Greek group has
grown steadily, now offering modern Greek cuisine in 12 restaurants
across London and Southern England.
The company is an ambassador of Greek food and Greek hospitality
in the UK. The Real Greek food centres on the delicious, healthy
diet of the Eastern Mediterranean, staying true to the Greek ethos
of food, family and friends. Dishes are created using premium
ingredients sourced from Greece and Cyprus whenever possible, and
developed by Tonia Buxton, the face of Greek food in the UK.
Both The Real Greek's menu and atmosphere retain the spirit of
eating in Greece, encouraging diners to take their time eating
amongst friends and family, be it a relaxed dinner, family
get-together, or a fully catered party.
Franco Manca
Franco Manca opened its first restaurant in 2008 and now has 34
restaurants, primarily in London, but with recent openings in
Brighton, Southampton and Guildford. Other locations outside London
are in the opening pipeline for 2017/2018.
Franco Manca's pizza is made from slow-rising sourdough and is
baked in an oven that produces heat of about 500degc (930degF). The
slow levitation and blast cooking process lock in the flour's
natural aroma and moisture, giving a soft and easily digestible
crust. Where possible, locally sourced and organic ingredients are
used. Pizza prices start from GBP4.95.
Winner of the CGA Peach Hero and Icon Awards Best Concept award
2016
"If you only eat one pizza this year, make sure it's at Franco
Manca" Tatler (2011)
"Franco Manca is quite possibly the best pizza restaurant to
ever exist in London." - Metro (2016)
Bukowski
Bukowski is a London-based charcoal-grill restaurant and bar,
serving breakfasts, burgers and grills. Bukowski has four
restaurants in London, one of which Fulham Shore operates in Soho
under a franchise agreement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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