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BigDish plc (DISH) Further re Issue of Equity
BigDish Plc (LON: DISH), announces that, further to the announcement released by the Company on 22 August 2019, the requisite regulatory approvals in relation to the issue of the 13,812,920 ordinary shares to certain Pouncer shareholders (“Deferred Consideration Shares”) as part of the acquisition agreement were not obtained and as a consequence, the Company has withdrawn the application to admit the Deferred Consideration Shares to trading on the London Stock Exchange.
The Company will now submit a new application for 10,391,472 new ordinary shares of the previously unsuccessful application of the 13,812,920 ordinary shares, which have received the requisite regulatory approvals to be admitted to trading on the London Stock Exchange. Admission of the balance of the remaining 3,421,448 ordinary shares, which are still subject to regulatory approvals, will be sought at a later date.
Application has been made for 10,391,472 new ordinary shares of no par value to be admitted to trading which is expected to occur on or around 11 September 2019 (“Admission”).
Total Voting Rights
Following Admission, the Company’s enlarged issued share capital will be 348,950,355. The total number of voting rights in the Company is therefore 348,950,355. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 (“MAR”)
Enquiries:
| Zak Mir, Digital Communications Officer | +44 (0) 7867 527658 |
| Jonathan Morley-Kirk, Non-Executive Chairman | +44 (0) 7797 859986
jmk@bigdish.com |
Notes to Editors
BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry, including a mobile App.
The Company helps restaurants in the UK fill their spare capacity and optimise their revenues through smart and dynamic discounts. Consumers can access these via the BigDish App and website platforms. Restaurants pay BigDish a fee per diner seated.
BigDish is fully committed to delivering shareholder value to its stakeholders through this model and is actively seeking to expand across the UK. An expansion strategy has been outlined which divides the UK into territorial target areas.
BigDish (DISH) Annual Report & UK Rollout Recruitment Update
BigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, is pleased to announce the publication of its annual report for the period ending 31 March 2019. The Report will be available on the Company’s website https://bigdishplc.com/category/reports-and-accounts/ and will also be available to view on Morningstar http://www.morningstar.co.uk/uk/.
BigDish announced its UK launch on 16 January 2019 in Bournemouth. Sanj Naha was appointed as CEO in mid-February 2019, as laid out in an announcement on 30 January 2019.
Recruitment Update for the UK Rollout
The Company has been very pleased with the recruitment campaign to support the UK Rollout. As announced on 30 May 2019, BigDish has divided the United Kingdom into 10 Territories. Each Territory will have a Territory Manager whilst London will have three Territory Managers.
At present a total of 10 Territory Managers have been recruited (including the current two Managers). The remaining two positions are expected to be filled within the next couple of weeks. All three Territory Managers have been recruited for London.
Sanj Naha, CEO commented:
“The response to our recruitment campaign has exceeded expectations. We have a great team of new recruits joining BigDish, including OpenTable’s former highest achieving sales person for the UK and Europe. This will result in BigDish expanding its footprint across the United Kingdom. Everything up until this point has been foundation building and now the work of expansion begins across the country. So far in 2019, BigDish has been setting out the key milestones for its journey. Going forward the newsflow is likely to consist of reporting on these milestones being achieved in territories added, restaurant acquisition and enhancements of our dynamic pricing technology.”
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 (“MAR”)
Enquiries:
| Zak Mir, Digital Communications Officer | +44 (0) 7867 527659 |
Notes to Editors
BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry, including a mobile App.
The Company helps restaurants in the UK fill their spare capacity and optimise their revenues through smart and dynamic discounts. Consumers can access these via the BigDish App and website platforms. Restaurants pay BigDish a fee per diner seated.
BigDish is fully committed to delivering shareholder value to its stakeholders through this model and is actively seeking to expand across the UK. An expansion strategy has been outlined which divides the UK into territorial target areas.
BigDish Plc (DISH) – Brighton Goes Live on BigDish Platform
BigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, is pleased to announce today that Brighton has gone live on the BigDish platform.
Further to the announcement on 2 July 2019, the Company believes that Brighton will be a significant location for BigDish. Initially, a select number of restaurants will be available on the platform, and it is expected that the number of restaurants will increase quickly.
The Company is also pleased to announce that a new Territory Manager covering the South East of the United Kingdom (Territory 3) will start on 5 August 2019. This is part of the Company’s recruitment drive for Territory Managers to cover the entire United Kingdom.
Sanj Naha, CEO commented:
“The addition of Brighton to the BigDish platform is incredibly exciting. We expect the location to be a major hub of BigDish activity and are looking forward to seeing more and more restaurants added.
“It is also promising that our recruitment drive is progressing well. We look forward to updating the market on further recruitment and operational developments.”
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 (“MAR”)
Enquiries:
|
Zak Mir, Digital Communications Officer |
+44 (0) 7867 527658 |
Notes to Editors
BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry, including a mobile App.
The Company helps restaurants in the UK fill their spare capacity and optimise their revenues through smart and dynamic discounts. Consumers can access these via the BigDish App and website platforms. Restaurants pay BigDish a fee per diner seated.
BigDish is fully committed to delivering shareholder value to its stakeholders through this model and is actively seeking to expand across the UK. An expansion strategy has been outlined which divides the UK into territorial target areas.
END
Doc Holiday and TMS talk to chairman and founder of BigDish #DISH Aiden Bishop
After a whole bunch of speculation, in addition to spurious reports and opinion TMS reached out and caught up with Chairman and founder of Big Dish Aiden Bishop, the company has seen an exponential transition in both it’s business and share price.
We decided to learn more about the day to day business but more so the aggressive expansion of the company after it appointed Sanj Naha formerly of trip advisor as it’s chief executive officer, you can hear more by tuning in below!
Listen to the interview below:
https://total-market-solutions.com/2019/06/24/big-dish-serves-up-more-business/