Grant of Executive Share Awards
CEO and CFO granted share awards under performance and deferred bonus plans.
- Lee Tappenden PSP award 1,011,456 shares
- Lee Tappenden DBP award 217,961 shares
- Dan Walden PSP award 683,744 shares
- Dan Walden DBP award 147,341 shares
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ProCook Group plc (the "Company"), the UK's leading direct-to-consumer specialist kitchenware brand, announces that on 1 July 2025 awards were granted to Lee Tappenden, CEO, and Dan Walden, CFO, as Executive Directors and PDMRs, under both the ProCook Group plc Performance Share Plan 2021 ("PSP") and the ProCook Group plc Deferred Bonus Plan 2021 ("DBP"), as set out below.
| PSP share award | DBP share award | |
|---|---|---|
| Lee Tappenden | 1,011,456 | 217,961 |
| Dan Walden | 683,744 | 147,341 |
The options over the Company's ordinary shares of 1 pence each ("Ordinary Shares") awarded under the PSP to Lee Tappenden and Dan Walden are subject to the achievement of certain earnings per share performance conditions. These options vest on the third anniversary of the date of grant and are subject to a two-year holding period.
The awards granted under the DBP relate to the deferral into Ordinary Shares of 25% of the bonus awards for Lee Tappenden and Dan Walden for the financial year ended 30 March 2025 as approved by the Company's Remuneration Committee. The awards will vest on the second anniversary of the date of grant.
The average closing price for an Ordinary Share, as derived from the Official List, for three consecutive business days immediately preceding the date of grant, was used to calculate the number of Ordinary Shares over which the awards have been made.
| 1. | Details of PDMR | |
| (a) | Name | Lee Tappenden |
| 2. | Reason for notification | |
| (b) | Position / status | Chief Executive Officer |
| (c) | Initial notification / amendment | Initial notification |
| 3. | Details of the Issuer | |
| (a) | Name | ProCook Group plc |
| (b) | LEI | 213800RWZMK3ARHMUN52 |
| (a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in the capital of ProCook Group plc GB00BNRR8331 |
| (b) | Nature of the transaction | 1) Grant of an option under the PSP to acquire Ordinary Shares 2) Grant of award of Ordinary Shares under the DBP |
| (c) | Price(s) and volume | Award Price(s) Volume PSP 1) Nil 1,011,456 DBP 2) Nil 217,961 |
| (d) | Aggregated information -Aggregated volume -Price | 1,229,417 Nil |
| (e) | Date of the transaction | 1 July 2025 |
| (f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR | |
| (a) | Name | Dan Walden |
| 2. | Reason for notification | |
| (b) | Position / status | Chief Financial Officer |
| (c) | Initial notification / amendment | Initial notification |
| 3. | Details of the Issuer | |
| (a) | Name | ProCook Group plc |
| (b) | LEI | 213800RWZMK3ARHMUN52 |
| (a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares in the capital of ProCook Group plc GB00BNRR8331 |
| (b) | Nature of the transaction | 1) Grant of an option under the PSP to acquire Ordinary Shares 2) Grant of award of Ordinary Shares under the DBP |
| (c) | Price(s) and volume | Price(s) Volume PSP 1) Nil 683,744 DBP 2) Nil 147,341 |
| (d) | Aggregated information -Aggregated volume -Price | 831,085 Nil |
| (e) | Date of the transaction | 1 July 2025 |
| (f) | Place of the transaction | Outside a trading venue |
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