Business
Exercise of Share Options
Exercise of Share Options.
About this update from Yellow Cake Plc
[{"type":"text","content":"\n\n20 July 2023\n\n \nYellow Cake plc (\"Yellow Cake\" or the \"Company\")\nExercise of Share Options\n \nYellow Cake plc (the \"Company\"), announces that on 19 July 2023 Carole Whittall, Chief Financial Officer and an executive director of the Company, acquired 20,362 ordinary shares in the Company (\"Shares\") following the exercise and net settlement of her options over 62,609 Shares on 19 July 2023 granted under the Rules of the Yellow Cake plc Share Option Plan 2019. The option exercise is being satisfied by way of a transfer of shares currently held by the Company as treasury shares.\nThe share options were granted on 8 July 2020 as long-term incentive options with a vesting date of 8 July 2023. Further detail on the share options granted can be seen in the Company's 2021 and 2022 Annual Reports.\nDetails of the options and the resultant shareholdings are set out below:\n\n\n\n\nPDMR\n\n\nPosition\n\n\nExercise of Options granted on 8 July 2020\n\n\nShares acquired following exercise and net settlement\n\n\nResultant total number of Shares owned*\n\n\n\n\nCarole Whittall\n\n\nChief Financial Officer\n\n\n62,609\n\n\n20,362\n\n\n101,966\n \n\n\n\n\n* Includes previous direct share purchases.\n \nThe following disclosures are made in accordance with Article 19 of the UK Market Abuse Regulation 596/2014 as it forms part of UK law.\n\n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nCarole Whittall\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Financial Officer \n\n\n\n\nb)\n\n\nInitial notification /Amendment\n\n\nInitial notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nYellow Cake plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800CVMYUGOA9EZY95\n\n\n\n\n4\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument\nIdentification code\n\n\nOrdinary shares\n \nISIN Code JE00BF50RG45\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nExercise of Opt...