REG - Ten Lifestyle Group - Grant of Options

Ten LifestyleAnnouncement

Mon 07:00

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RNS Number : 3799M  Ten Lifestyle Group PLC  22 December 2025

22 December 2025

 

Ten Lifestyle Group plc

("Ten" or the "Company")

 

Grant of Options

 

Ten Lifestyle Group plc (AIM: TENG), announces that it has granted options
over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to
certain 'persons discharging managerial responsibilities' of the Company
("PDMRs"), pursuant to the Ten Lifestyle Group plc Management Incentive Plan
dated 9 November 2017 ("MIP Options"). The new MIP Options are being granted
in respect of the three year period ending on the announcement of the
Company's financial results for the year ending 31 August 2028 ("FY 2028
Results").

 

 PDMR               Position                   Number of new MIP Options granted  Resulting total options held over Ordinary Shares
 Alex Cheatle       CEO                        194,000                             1,921,680
 Andrew Long        Group COO                  94,000                              1,236,350
 Alan Donald        CFO                        94,000                              854,914
 Victoria Carvalho  Chief Proposition Officer  30,000                              440,350

 

The nil cost MIP Options will vest subject to the performance conditions of
the MIP Options based on total shareholder return ("TSR") and earnings per
share ("EPS"), with equal weighting, over a three year period ending on the
announcement of the FY 2028 Results. The Remuneration Committee believes the
performance metrics appropriately incentivise and are aligned with the
Company's strategic goals and the long-term interests of shareholders.

 

The notification below, made in accordance with the Market Abuse Regulation,
provides further details in relation to the granting of these options.

 1.                          Details of the person discharging managerial responsibilities / person closely
                             associated
 a.                          Name                                      1.    Alex Cheatle

                                                                       2.    Andrew Long

                                                                       3.    Alan Donald

                                                                       4.    Victoria Carvalho
 2.                          Reason for the notification
 a.                          Position/status                           1.    CEO

                                                                       2.    Group COO

                                                                       3.    CFO

                                                                       4.    Chief Proposition Officer
 b.                          Initial notification                      Initial notification

                             /Amendment
 3.                          Details of the issuer, emission allowance market participant, auction
                             platform, auctioneer or auction monitor
 a.                          Name                                      Ten Lifestyle Group plc
 b.                          LEI                                       213800YK94ZUOJUMN686
 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                        Options over Ordinary Shares of 0.1 pence

                             Financial instrument, type

                             of instrument                             GB00BF188X60

                             Identification code
 b.                          Nature of the transaction                 Grant of options under the Management Incentive Plan

 c.                          Price(s) and volume(s)

  Price(s)  Volume(s)

                                                                       1.  n/a       194,000
                                                                       2.  n/a       94,000
                                                                       3.  n/a       94,000
                                                                       4.  n/a       30,000
 d.                          Aggregated information

  Price(s)  Volume(s)
                             ·      Aggregated volume

                             ·      Price

                                         1.  n/a       194,000
                                                                       2.  n/a       94,000
                                                                       3.  n/a       94,000
                                                                       4.  n/a       30,000
 e.                          Date of the transaction                    19 December 2025
 f.                          Place of the transaction                  Outside a trading venue

d.

Aggregated information

·      Aggregated volume

·      Price

 

 

     Price(s)  Volume(s)

 1.  n/a       194,000
 2.  n/a       94,000
 3.  n/a       94,000
 4.  n/a       30,000

e.

Date of the transaction

 19 December 2025

f.

Place of the transaction

Outside a trading venue

 

 

- End -

 

For further information please visit www.tenlifestylegroup.com
(http://www.tenlifestylegroup.com) or call:

 

 Ten Lifestyle Group plc                                             +44 (0)20 7850 2796

 Alex Cheatle, Chief Executive Officer

 Alan Donald, Chief Financial Officer

 Singer Capital Markets Advisory LLP, Nominated Advisor and Broker   +44 (0) 20 7496 3000

 Corporate Finance: James Moat

 Corporate Broking: Tom Salvesen / Charles Leigh-Pemberton

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc (http://www.tenlifestylegroup.com/)  partners with
financial institutions and other premium brands to attract and retain wealthy
and mass affluent customers.

Millions of members have access to Ten's services across lifestyle, travel,
dining and entertainment on behalf of over fifty corporate clients. Ten's
partnerships are based on multi-year contracts generating revenue through
platform-as-a-service and technology fees.

Ten's operations are underpinned by an increasingly sophisticated
personalisation platform comprising industry-first, proprietary technology,
thousands of supplier relationships and 27 years of proprietary expertise
delivered from over 20 global offices. Ten was also the first B Corp-certified
company on the AIM market, demonstrating its commitment to sustainability,
social responsibility and ethical business practices.

Ten is on a mission to become the most trusted service platform in the world.

For further information please go to: www.tenlifestylegroup.com
(http://www.tenlifestylegroup.com/) .

 

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