Issue of Options
Various Eateries PLC has issued 1,000,000 ordinary share options to Jon Falarczyk, the new Managing Director, as part of his remuneration package. These options, granted under the CSOP Share Scheme, have an exercise price ranging from 14.30 pence to 17.30 pence and will vest in three equal tranches over three years, with the first vesting on the anniversary of the grant date, conditional on continued employment. Mr. Falarczyk currently holds no other options in the company.
Select text to share a quote on X · sign in to keep highlights & notes in your COPC notes
Various Eateries confirms that it has issued 1,000,000 options over ordinary shares of 1p each in the Company ("Ordinary Shares") to Jon Falarczyk, the newly appointed Managing Director of the Company (non-board) and a PDMR of the Company (the "New Options"). The New Options have been issued as part of Jon's standard remuneration package with the Company.
The New Options are granted under the rules of the Company's CSOP Share Scheme. The New Options have an exercise price of range from 14.30 pence to 17.30 pence and vest in three equal tranches over three years with the first vesting date being the first anniversary of the date of grant. The New Options remain, however, conditional on the continued employment of the recipient at the date of exercise.
Jon Falarczyk holds no other options over ordinary shares in the Company.
The Group operates two core brands across 20 locations:
Noci, a modern pasta-led concept which serves very high-quality dishes at reasonable prices.
For more information visit www.variouseateries.co.uk.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities | |||||
| a) | Name | Jon Falarczyk | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director (non-board) | ||||
| b) | Initial notification/amendment | Initial notification | ||||
| a) | Name | Various Eateries plc | ||||
| b) | LEI | 213800SWZ6W3RNE32B76 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BM9BZK23 | ||||
| b) | Nature of the transaction | Issue of Options | ||||
| c) | Price(s) and volume(s) |
.73 pence 17.30 pence 333,334 333,333 333,333 | ||||
| d) | Aggregated information - Aggregated volume - Price | 1,000,000 15.77 pence | ||||
| e) | Date of the transaction | 18 November 2025 | ||||
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.