REG - ProCook Group PLC - Exercise of Options and PDMR Dealing

PROCOOKAnnouncement

05/03/2025 09:15

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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                        investor.relations@procook.co.uk

 Lee Tappenden, Chief Executive Officer

 Dan Walden, Chief Financial Officer

 

 MHP Group (Financial PR Adviser)                                                             procook@mhpgroup.com

 Katie                                                                                        Tel: +44 (0)7884 494112
 Hunt

 

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
Work(TM), 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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