Grant of LTIP Awards

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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 /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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