Exercise of Options and PDMR Dealing

PROCOOK

05/03/2025 09:00

RNS Number : 3580Z

ProCook Group PLC

05 March 2025

 

5 March 2025

 

ProCook Group plc

 

Exercise of Options and PDMR Dealing

 

ProCook Group plc (the "Company"), the UK's leading direct-to-consumer specialist kitchenware brand, announces that Dan Walden, Chief Financial Officer and PDMR, received 91,380 ordinary shares of £0.01 each in the Company following the exercise on 3 March 2025 of 172,413 nil-cost ordinary share options awarded under the Company's IPO Employee Share Plan.

Following the exercise of the options, Dan Walden holds 141,380 ordinary shares in the capital of the Company, representing 0.13% of the Company's issued share capital.

The exercise of the options has been satisfied through the allocation of existing ordinary shares held by the ProCook Employee Benefit Trust. No new ordinary shares have been issued in connection with the options exercise and the total number of ordinary shares with voting rights in the Company remains at 108,956,624. The exercise was net-settled, whereby the Company settled the award through a combination of cash and ordinary shares.

The information in this notification is disclosed in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information please contact:

ProCook Group plc
Lee Tappenden, Chief Executive Officer
Dan Walden, Chief Financial Officer
investor.relations@procook.co.uk

 

MHP Group (Financial PR Adviser)
Katie Hunt
procook@mhpgroup.com
Tel: +44 (0)7884 494112

 

Notes to editors:

ProCook is the UK's leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through 65 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.

As a B Corp, a Real Living Wage employer and a certified Great Place to WorkTM, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders. 

ProCook has been listed on the London Stock Exchange since November 2021 (PROC.L).

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dan Walden
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ProCook Group plc
b)
LEI
213800RWZMK3ARHMUN52
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
Ordinary shares of 1 pence each in the capital of ProCook Group plc
Identification code
GB00BNRR8331
b)
Nature of the transaction
Exercise of options
c)
Price(s) and volume(s)
Price
Volume
Nil cost
172,413 options
(net settled ordinary shares 91,380)
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside of a trading venue

 

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