Cake Box Holdings PLC Grant of Options under the Company's EMI Scheme (8991G)
July 26 2019 - 7:45AM
UK Regulatory
TIDMCBOX
RNS Number : 8991G
Cake Box Holdings PLC
26 July 2019
26 July 2019
Cake Box Holdings plc
("Cake Box" or the "Company" or the "Group")
Grant of Options under the Company's EMI Scheme
Cake Box Holdings plc, the specialist retailer of fresh cream
cakes, announces the following grant of options over ordinary
shares in the Company ("Options") under the Company's Enterprise
Management Incentive Scheme ("EMI Scheme") and the (Unapproved)
Employee Share Option Scheme (the "Share Option Scheme") which were
approved by shareholders at the Company's Annual General Meeting
held on 23 July 2019 (the "AGM").
The key terms of the EMI Scheme and the Share Option Scheme,
including vesting conditions of Options granted under the schemes
were set out in the Company's notice of the AGM.
Under the EMI Scheme, a total of 423,485 Options were granted to
Sukh Chamdal, Chief Executive Officer, Pardip Dass, Chief Financial
Officer, and Dr Jaswir Singh, Chief Operating Officer, as set out
below.
Director Options granted
under the EMI
Scheme
Sukh Chamdal 266,667
----------------
Pardip Dass 23,485
----------------
Dr Jaswir Singh 133,333
----------------
Under the Employee Share Option Scheme, a total of 151,515
Options have been granted to Pardip Dass, and a further 113,401
Options in aggregate have been granted to other employees.
The following notification, made in accordance with the
requirements of the EU Market Abuse Regulation, gives further
details on the grant of Options to PDMRs.
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 Initial notification
/Amendment
--------------------------- --------------------------------------
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 Options over Ordinary Shares in the
financial instrument, Company
type of instrument
Identification code GB00BDZWB751
--------------------------- --------------------------------------
b) Nature of the transaction Grant of Options under the Company's
EMI Scheme
--------------------------- --------------------------------------
c) Price(s) and volume(s) Exercise Price Volume(s)
165 pence 266,667 Options
----------------
--------------------------- --------------------------------------
d) Aggregated information N/A (single transactions)
--------------------------- --------------------------------------
e) Date of the transactions 25 July 2019
--------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Pardip Dass
-------------------------- ------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status Director
-------------------------- ------------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ------------------------------------------------
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 Options over Ordinary Shares in the
financial instrument, Company
type of instrument
Identification code GB00BDZWB751
-------------------------- ------------------------------------------------
b) Nature of the transaction Grant of Options under the Company's
EMI Scheme and the Share Option Scheme
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) EMI Scheme Exercise Price Volume(s)
165 pence 151,515 Options
----------------
Share Option Scheme Exercise Price Volume(s)
165 pence 23,485 Options
---------------
-------------------------- ------------------------------------------------
d) Aggregated information N/A (single transactions)
-------------------------- ------------------------------------------------
e) Date of the transactions 25 July 2019
-------------------------- ------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- ------------------------------------------------
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 Initial notification
/Amendment
-------------------------- ------------------------------------------------
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 Options over Ordinary Shares in the
financial instrument, Company
type of instrument
Identification code GB00BDZWB751
-------------------------- ------------------------------------------------
b) Nature of the transaction Grant of Options under the Company's
EMI Scheme
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price Volume(s)
165 pence 133,333 Ordinary
Shares
-----------------
-------------------------- ------------------------------------------------
d) Aggregated information N/A (single transactions)
-------------------------- ------------------------------------------------
e) Date of the transactions 25 July 2019
-------------------------- ------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- ------------------------------------------------
For further information, please contact:
Cake Box Holdings plc
Sukh Chamdal, CEO
Pardip Dass, CFO +44 (0) 20 8443 1113
Shore Capital
Stephane Auton
Patrick Castle
James Thomas +44 (0) 20 7408 4090
MHP Communications
Oliver Hughes
Simon Hockridge
Charlie Barker
Pete Lambie +44 (0) 20 3128 8570
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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