Grant of Executive Share Awards
Executive share awards granted to CEO and CFO under PSP, DBP and Cash LTIP schemes.
- PSP share award to Lee Tappenden 863,105 shares
- PSP share award to Dan Walden 583,459 shares
- DBP share award to Lee Tappenden 194,902 shares
- DBP share award to Dan Walden 131,754 shares
- Total PSP awards 1,446,564 shares
- Total DBP awards 326,656 shares
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ProCook Group plc (the “Company” or “Group”), the UK's leading direct-to-consumer specialist kitchenware brand, announces that on 22 September 2026 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.
| Name | Role | PSP share award | DBP share award |
|---|---|---|---|
| Lee Tappenden | CEO | 863,105 | 194,902 |
| Dan Walden | CFO | 583,459 | 131,754 |
| Total | 1,446,564 | 326,656 |
The share 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 29 March 2026 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.
Furthermore, a non-dilutive cash settled LTIP, has been granted under the Cash Long-Term Incentive Plan 2026 (“Cash LTIP”) to Lee Tappenden on 24 September 2026 following approval of the Cash LTIP at the Group’s AGM on 10 September 2026.
| 1. | Details of PDMR | |
| (a) | Name | 1. Lee Tappenden 2. Dan Walden |
| 2. | Reason for notification | |
| (b) | Position / status | 1. CEO 2. CFO |
| (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 | Grant of an option under the PSP to acquire Ordinary Shares |
| (c) | Price(s) and volume | Award Price(s) Volume 1. Lee Tappenden 0.0p 863,105 2. Dan Walden 0.0p 583,459 |
| (d) | Aggregated information -Aggregated volume -Price | 1,446,564 0.0p |
| (e) | Date of the transaction | 22 September 2026 |
| (f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR | |
| (a) | Name | 1. Lee Tappenden 2. Dan Walden |
| 2. | Reason for notification | |
| (b) | Position / status | 1. CEO 2. CFO |
| (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 | Grant of an award under the DBP to acquire Ordinary Shares |
| (c) | Price(s) and volume | Price(s) Volume 1. Lee Tappenden 0.0p 194,902 2. Dan Walden 0.0p 131,754 |
| (d) | Aggregated information -Aggregated volume -Price | 326,656 0.0p |
| (e) | Date of the transaction | 22 September 2026 |
| (f) | Place of the transaction | Outside a trading venue |
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