Grant of Warrants
29 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 Sean Nicolson, non-executive director of the Company, at an exercise price of 5p ("Warrants"). Details of the Warrants and the director's 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 |
| Sean Nicolson | 155,769 | 0.30% | Nil | 1,000,000 | 1,000,000 |
The Warrants were granted on 28 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) Sean Nicolson | |||
| 2 | Reason for notification | ||||
| a. | Position/Status | 1) Non Executive Director | |||
| 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 |
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| b. | Nature of the transaction | Grant of warrants | |||
| c. | Price(s) and volume(s) | ||||
| Price(s) per share | Volume(s) | ||||
| 1) 5p | 1) 1,000,000 | ||||
| d. | Aggregated information - Aggregated Volume - Price |
1,000,000 5p |
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| e. | Date of the transaction | 28 May 2019 | |||
| f. | Place of the transaction | AIM | |||