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Various Eateries PLC’s Director Increases Stake in Company

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Various Eateries PLC’s Director Increases Stake in Company

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The latest update is out from Various Eateries PLC ADR ( (GB:VARE) ).

Various Eateries PLC announced that Xercise2 Limited, a company owned by Non-Executive Director Hugh Osmond, purchased 1,000,000 ordinary shares at 10.75 pence per share, increasing its holding to approximately 23.10% of the company’s total issued share capital. This transaction raises the aggregate interest of Hugh Osmond and his Concert Party to 63.8% of the Enlarged Share Capital, potentially strengthening their influence over the company’s strategic direction.

More about Various Eateries PLC ADR

Various Eateries PLC is a company that owns, develops, and operates restaurant, clubhouse, and hotel sites in the United Kingdom. It operates two core brands: Coppa Club, which offers a multi-use, all-day concept combining restaurant, terrace, café, lounge, bar, and workspaces, and Noci, a modern pasta-led concept serving high-quality dishes at reasonable prices.

YTD Price Performance: -15.15%

Average Trading Volume: 13,167

Technical Sentiment Signal: Strong Buy

Current Market Cap: £24.07M

See more data about VARE stock on TipRanks’ Stock Analysis page.

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