Grant of Options
Bow Street Group plc announced the grant of 200,160,430 options over ordinary shares at an exercise price of 0.445 pence per share to Group employees, with significant grants to Executive Chairman David Page, CEO Daniel Plaut, and CFO Nicholas Wong, each receiving 56,531,810 options. The company is also cancelling up to 4,640,000 existing options, including 500,000 from Zahra Rostami and 250,000 from Nikki Lennard. Following these transactions, Bow Street Group will have 200,585,430 options outstanding, representing approximately 8.87% of its issued share capital.
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Bow Street Group (AIM: BOW), the owner and operator of "Wildwood" and "dim t" restaurants, announces that, on 8 December 2025, 200,160,430 options over ordinary shares of 0.1p each in the Company ("Ordinary Shares") were granted to Group employees pursuant to the updated Bow Street Group Company Share Option Plan ("CSOP") and the Unapproved Share Option Scheme (together, the "Options").
The Options have an exercise price of 0.445 pence per Ordinary Share (being the mid-market price at the close of business on 8 December 2025), and are exercisable from the third anniversary of grant until the tenth anniversary of grant. There are no additional performance conditions attaching to the Options.
The following Options have been granted to persons discharging managerial responsibilities ("PDMRs") under the CSOP and Unapproved Share Option Scheme:
| Director/PDMR | Role | No. of Options granted | Total options over Ordinary Shares now held |
|---|---|---|---|
| David Page | Executive Chairman | 56,531,810 | 56,531,810 |
| Daniel Jonathan Plaut ("Jonny Plant") | Chief Executive Officer | 56,531,810 | 56,531,810 |
| Nicholas Wong | Chief Financial Officer | 56,531,810 | 56,531,810 |
| Zahra Rostami | Head of Finance | 2,000,000 | 2,000,000 |
| Nikki Lennard | Finance Manager | 1,000,000 | 1,000,000 |
The grants to David Page, Daniel Plaut and Nicholas Wong each represent 2.5 per cent. on the Company's issued share capital and are as outlined in with the Company's circular that was published on 7 August 2025 (the "Circular").
The Company has also commenced the process of cancelling up to 4,640,000 existing options over Ordinary Shares (the "Existing Options"), as defined in the Circular (the "Cancellation"). The following Existing Options held by PDMRs have been cancelled:
| Name of PDMR | Role | No. of existing options cancelled |
|---|---|---|
| Zahra Rostami | Head of Finance | 500,000 |
| Nikki Lennard | Finance Manager | 250,000 |
Following the grant of the Options, and on completion of the Cancellation, the Company will have a total of 200,585,430 options over new Ordinary Shares outstanding under share option schemes, equivalent to approximately 8.87% of the existing issued share capital of the Company.
Katy Birkin / George Lawson / Trisyia Jamaludin - Corporate Finance Dale Bellis / Harriet Ward - Sales and Corporate Broking
| Allenby Capital Limited (Joint Broker) | Tel: 020 3328 5656 |
Nick Naylor / Piers Shimwell - Corporate Finance Jos Pinnington - Sales and Corporate Broking
| Hudson Sandler (Financial PR) | Tel: 020 7796 4133 bowstreetgroup@hudsonsandler.com | ||
| Alex Brennan / Harry Griffiths / Jackson Redley | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | David Page | |
| 2 | Reason for the notification | ||
| a) | Position/status | Executive Chairman | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Grant of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00445 | 56,531,810 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Daniel Jonathan Plaut ("Jonny Plant") | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Grant of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00445 | 56,531,810 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Nicholas Wong | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Grant of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00445 | 56,531,810 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Zahra Rostami | |
| 2 | Reason for the notification | ||
| a) | Position/status | Head of Finance | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Grant of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00445 | 2,000,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Zahra Rostami | |
| 2 | Reason for the notification | ||
| a) | Position/status | Head of Finance | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Cancellation of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00325 £0.00275 | 150,000 350,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Nikki Lennard | |
| 2 | Reason for the notification | ||
| a) | Position/status | Finance Manager | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Grant of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00445 | 1,000,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Nikki Lennard | |
| 2 | Reason for the notification | ||
| a) | Position/status | Finance Manager | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Bow Street Group plc | |
| b) | LEI | 213800SGH7OLTZURQM14 | |
| a) | Description of the financial instrument, type of instrument | Options over Ordinary Shares of 0.1 pence each | |
| Identification code | GB00B17MN067 | ||
| b) | Nature of the transaction | Cancellation of Options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.00325 £0.00275 | 75,000 175,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 8 December 2025 | |
| f) | Place of the transaction | XOFF | |
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