Cake Box Holdings - Grant of LTIP Awards

Cake Box Holdings

09/03/2026 11:30

RNS Number : 8959V

Cake Box Holdings PLC

09 March 2026

 

9 March 2026

 

Cake Box Holdings plc

("Cake Box" or the "Company" or the "Group")

 

Grant of LTIP Awards

 

Cake Box Holdings plc (AIM: CBOX), the UK's largest retailer of fresh cream celebration cakes, announces that it has today granted a total of 411,194 performance share options ("LTIP Awards") to the following persons discharging management responsibility ("PDMRs") under the Company's Long Term Incentive Plan. 

 

Name of Director
Role
Number of LTIP Awards
Exercise price
Total value ofLTIP Awards and options over ordinary shares
Sukh Ram Chamdal
CEO
163,222
£0.01
£293,800
Michael Botha
CFO
147,528
£0.01
£265,550
Jaswir Singh
CCO
100,444
£0.01
£180,800

 

The LTIP Awards will vest over the period set out below, on a sliding scale, subject to satisfaction of the EPS performance condition described in the paragraph below. There is a minimum holding period of two years post vesting and the awards are subject to malus and clawback provisions.

 

25% of the LTIP Awards vests if an undiluted EPS of 18.04p is achieved in the third financial year starting from the financial year in which the date of grant occurs. An additional 0.1% of the Award vests for every 0.0033p achieved above an undiluted EPS of 18.04p, up to a maximum of 100% of the LTIP Awards granted if an aggregate EPS of 20.54p is achieved in the third financial year starting from the financial year in which the date of grant occurs in.

 

Further detail is set out in the PDMR disclosure table below.

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sukh Chamdal
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification
/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cake Box Holdings plc
b)
LEI
213800HZ61RLHNSM2698
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
LTIP Awards - Options over Ordinary Shares in the Company
GB00BDZWB751
b)
Nature of the transaction
Grant of LTIP Awards
c)
Price(s) and volume(s)
Exercise Price
Volume(s)
1 pence
163,222 Options
d)
Aggregated information
N/A (single transactions)
e)
Date of the transactions
9 March 2026
f)
Place of the transaction
off market

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Michael Botha
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification
/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cake Box Holdings plc
b)
LEI
213800HZ61RLHNSM2698
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
LTIP Awards - Options over Ordinary Shares in the Company
GB00BDZWB751
b)
Nature of the transaction
Grant of LTIP Awards
c)
Price(s) and volume(s)
Exercise Price
Volume(s)
1 pence
147,528 Options
d)
Aggregated information
N/A (single transactions)
e)
Date of the transactions
9 March 2026
f)
Place of the transaction
off market

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dr Jaswir Singh
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification
/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cake Box Holdings plc
b)
LEI
213800HZ61RLHNSM2698
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
LTIP Awards - Options over Ordinary Shares in the Company
GB00BDZWB751
b)
Nature of the transaction
Grant of LTIP Awards
c)
Price(s) and volume(s)
Price
Volume(s)
1 pence
100,444 Ordinary Shares
d)
Aggregated information
N/A (single transactions)
e)
Date of the transactions
9 March 2026
f)
Place of the transaction
off market


 

 

For further information, please contact:

Cake Box Holdings plc
Sukh Chamdal, CEO
Michael Botha, CFO
c/o +44 (0) 20 4582 3500
Shore Capital (NOMAD and Sole Broker)
Stephane Auton
Patrick Castle
George Payne
+44 (0) 20 7408 4090
Gracechurch Group
Harry Chathli
Alexis Gore
Rebecca Scott
+44 (0) 20 4582 3500
cakebox@gracechurchpr.com

 

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