Grant of Warrants

08 May 2019

YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, announces the grant of warrants to Simon Robinson and Sohail Bhatti, both directors of the Company, at an exercise price of 5p ("Warrants"). Details of the Warrants and the executive directors' other holdings of options and warrants are set out below.

Director Number of ordinary shares held prior to grant Ordinary shares held as percentage of issued voting share capital Number of options and warrants held prior to grant Number of Warrants granted Number of options and warrants held following grant
Simon Robinson 1,389,201 2.66% 980,000 2,000,000 2,980,000
Sohail Bhatti 66,667 0.13% Nil 2,000,000 2,000,000

The Warrants were granted on 7 May 2019 and may be exercised at any time up until 31 May 2022.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson / Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Corporate Finance Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: + 44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787
or  [email protected]
Paul McManus
Sam Allen
+44 7980 541 893
+44 7884 664 686

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name 1) Simon Robinson
2) Sohail Bhatti
2 Reason for notification  
a. Position/Status 1) Executive Chairman
2) CFO
b. Initial notification/ Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Name YOLO Leisure & Technology plc
b. LEI 213800AYJZ2B8QNY7H15
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

Identification Code

Warrant over ordinary shares
ISIN: GB00B6TG6Y69
b. Nature of the transaction  Grant of warrants
c. Price(s) and volume(s)      
  Price(s) per share Volume(s)  
1) 5p
2) 5p
1) 2,000,000
2) 2,000,000
 
 
d. Aggregated information
- Aggregated Volume
- Price
4,000,000
5p
e. Date of the transaction 7 May 2019
f. Place of the transaction AIM