Barkby Group PLC (The) Extension of Warrants (7595J)
24 December 2020 - 6:00PM
UK Regulatory
TIDMBARK
RNS Number : 7595J
Barkby Group PLC (The)
24 December 2020
The Barkby Group PLC
("Barkby", the "Group" or the "Company")
Extension of Warrants
The Barkby Group PLC, the diversified business group, announces
that its Remuneration Committee have agreed to extend the expiry
date of warrants ("Warrants") over ordinary shares of
GBP0.00860675675675676 each in the capital of the Company
("Ordinary Shares") held by Rupert Fraser, Group Managing Director
of the Company.
All other aspects of the Warrants are unchanged and are listed
below:
Investor Name Warrants Exercise Value Granted Initial New Expiry
Price Expiry
Rupert Fraser 1,452,347 8.6p GBP124,901.84 30/12/2015 30/12/2020 30/12/2021
========== ========= ============== =========== =========== ===========
Related Party Transaction
The Warrants are held by Rupert Fraser, a Director of the
Company. Accordingly, the extension to the expiry date of the
Warrants constitutes a related party transaction under Rule 13 of
the AIM Rules for Companies. The independent Directors, having
consulted with the Company's nominated adviser, finnCap Ltd,
consider that the terms of the transaction are fair and reasonable
insofar as the Company's shareholders are concerned.
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Enquiries:
The Barkby Group PLC
Charles Dickson, Executive Chairman
Douglas Benzie, Chief Financial Officer
+44 (0) 20 7220
finnCap Ltd (Nomad and Broker) 0500
Carl Holmes/Simon Hicks (corporate finance)
Tim Redfern/Richard Chambers (ECM)
+44 (0) 20 3757
Camarco (Financial PR) 4994
Jennifer Renwick/Jake Thomas
Notes to editors
The Barkby Group PLC is a diversified group of high growth, high
quality businesses run by an entrepreneurial and experienced
management team. The existing wholly owned businesses within Barkby
include; Commercial Property Development, Barkby Hospitality
(comprising Barkby Pubs and Workshop Coffee) and Centurian
Automotive.
In addition to these businesses, Barkby Life Sciences has
invested in VivoPlex, a digital health company aiming to transform
Women's Health with precision medicine, and its subsidiary
Cambridge Sleep Sciences Ltd has launched, SleepHub(TM), a device
which improves and facilitates natural sleep.
Barkby's strategy is to accelerate and maximise opportunities
within its existing businesses as well as continue to source and
invest in cash generative, growth businesses with the ability to
disrupt.
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: Rupert Fraser
----------------------------------------- ----------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position/status: Group Managing Director
----------------------------------------- ----------------------------------
b) Initial notification/Amendment: Initial Notification
----------------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name: The Barkby Group plc
----------------------------------------- ----------------------------------
b) LEI: 213800X57YXZVILB9E84
----------------------------------------- ----------------------------------
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, Warrants over Ordinary
type of instrument: Shares of GBP0.00860675675675676
Identification code: GB00BL6TZZ70
----------------------------------------- ----------------------------------
b) Nature of the transaction: Extension of warrant
expiry date from 30
December 2020 to 30
December 2021
----------------------------------------- ----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
pence
n/a 1,452,347
----------
----------------------------------------- ----------------------------------
d) Aggregated information: n/a
* Aggregated volume:
* Price:
----------------------------------------- ----------------------------------
e) Date of the transaction: 24 December 2020
----------------------------------------- ----------------------------------
f) Place of the transaction: Off market transaction
----------------------------------------- ----------------------------------
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END
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