BigDish Plc (LON:DISH), a food technology company that operates a yield management platform for restaurants, announces that it has received a Notice of Exercise from a warrant holder in relation to an exercise of warrants over 500,000 common shares (“Common Shares”) of no par value in the capital of the Company at an exercise price of 4.5p. The proceeds for the Company in relation to the warrant exercise is £22,500.
Following the Admission of the Common Shares, the total issued share capital of the Company will be 315,514,186 Common Shares.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 (“MAR”)
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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.