REG - Cake Box Holdings - Grant of LTIP Awards

Cake Box HoldingsAnnouncement

Mon 11:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260309:nRSI8959Va&default-theme=true

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 of LTIP 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                                         Initial notification

     /Amendment
 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  LTIP Awards - Options over Ordinary Shares in the Company

     Identification code

                                                                  GB00BDZWB751
 b)  Nature of the transaction                                    Grant of LTIP Awards
 c)  Price(s) and volume(s)                                       Exercise Price  Volume(s)
                                                                  1pence         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

 

 

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                                         Initial notification

     /Amendment
 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  LTIP Awards - Options over Ordinary Shares in the Company

     Identification code

                                                                  GB00BDZWB751
 b)  Nature of the transaction                                    Grant of LTIP Awards
 c)  Price(s) and volume(s)                                       Exercise Price  Volume(s)
                                                                  1pence         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

 

 

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                                            Initial notification

     /Amendment
 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     LTIP Awards - Options over Ordinary Shares in the Company

     Identification code

                                                                     GB00BDZWB751
 b)  Nature of the transaction                                       Grant of LTIP Awards
 c)  Price(s) and volume(s)                                          Price    Volume(s)
                                                                     1pence  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

 

 

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                  c/o +44 (0) 20 4582 3500

 Sukh Chamdal, CEO

 Michael Botha, CFO

 Shore Capital (NOMAD and Sole Broker)  +44 (0) 20 7408 4090

 Stephane Auton

 Patrick Castle

 George Payne

 Gracechurch Group                      +44 (0) 20 4582 3500

 Harry Chathli                          cakebox@gracechurchpr.com

 Alexis Gore

 Rebecca Scott

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHZZGGFMLVGVZM



            Copyright 2019 Regulatory News Service, all rights reserved