Best of the Best PLC Exercise of Call Option & Share Cancellation (8562Q)
22 February 2019 - 8:00PM
UK Regulatory
TIDMBOTB
RNS Number : 8562Q
Best of the Best PLC
22 February 2019
Best of the Best plc
("Best of the Best", "BOTB", "the Company" or "the Group")
Exercise of Call Option, Share Cancellation and Director
Dealings
Best of the Best plc runs competitions online to win cars and
other prizes.
The Company confirms that it has today exercised the call option
in the Repurchase Agreement and has bought back 721,327 Ordinary
Shares at a price of 485 pence per share.
The Company has since cancelled these Ordinary Shares and
consequently the issued share capital of the Company is 9,377,253
Ordinary Shares with voting rights. There are no shares held in
treasury. Therefore, the total number of voting rights in the
Company is 9,377,253; this figure may be used by shareholders as
the denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Directors Dealings
The Company can also confirm that the Directors of the Board who
hold Ordinary Shares have accepted the Tender Offer as follows:
William Hindmarch has successfully tendered 363,346 Ordinary
Shares in the Tender Offer. Accordingly, William Hindmarch now has
a beneficial interest in 4,723,505 Ordinary Shares representing
50.37 per cent. of the issued Ordinary Share capital of the
Company.
Michael Hindmarch has successfully tendered 67,869 Ordinary
Shares in the Tender Offer. Accordingly, Michael Hindmarch now has
a beneficial interest in 831,853 Ordinary Shares representing 8.87
per cent. of the issued Ordinary Share capital of the Company.
Rupert Garton has successfully tendered 113,311 Ordinary Shares
in the Tender Offer. Accordingly, Rupert Garton now has a
beneficial interest in 1,388,813 Ordinary Shares representing 14.81
per cent. of the issued Ordinary Share capital of the Company.
David Firth has successfully tendered 357 Ordinary Shares in the
Tender Offer. Accordingly, David Firth now has a beneficial
interest in 4,643 Ordinary Shares representing 0.05 per cent. of
the issued Ordinary Share capital of the Company.
Terms used in this announcement shall have the meaning ascribed
to them in the circular sent to Shareholders on 30 January 2019
unless otherwise stated.
Enquiries:
Best of the Best plc William Hindmarch, Chief T: 020 7371
Executive 8866
Rupert Garton, Commercial
Director
KTZ Communications Katie Tzouliadis T: 020 3178
6378
finnCap Corporate Finance T: 020 7220
(Nominated Adviser and Carl Holmes 0500
Broker) Anthony Adams
ECM
Alice Lane
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCLIFFTFIIFFIA
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