1 Nov 2019 11:25
1 November 2019
Hotel Chocolat Group plc
("Hotel Chocolat", the "Company" or the "Group")
Director/PDMR Dealing - Exercise of SAYE Options
Hotel Chocolat announces today that Matt Pritchard, Chief Financial Officer, has exercised 4,864 options over ordinary shares of 0.1p in the Company ("Ordinary Shares" and the "Options") with an exercise price of £1.48 per Ordinary Share.
The Options were issued pursuant to the Hotel Chocolat Group plc 2016 Save As You Earn Plan (the "Plan"). The Plan allows employees to make regular monthly contributions up to an agreed maximum, for a three-year period, after which time employees can utilise the lump sum to purchase Ordinary Shares in the Group, at a pre-agreed price.
Following the exercise of Options, Matt Pritchard's beneficial holding in the Company is 109,861 Ordinary Shares, representing 0.1 per cent. of the Company's issued share capital.
For further information:
Hotel Chocolat Group plc c/o Citigate + 44 (0) 20 7638 9571
Angus Thirlwell, Co-founder and Chief Executive Officer
Peter Harris, Co-founder and Development Director
Matt Pritchard, Chief Financial Officer
Citigate Dewe Rogerson - Financial PR + 44 (0) 20 7638 9571
Simon Rigby
Angharad Couch
Ellen Wilton
Liberum Capital Limited - Nominated Advisor and Broker + 44 (0) 20 3100 2222
Clayton Bush
James Greenwood
William Hall
Notes to Editors:
Hotel Chocolat is a premium British chocolatier with a strong and distinctive brand. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of stores in the UK and abroad. The Group has a cocoa plantation and eco-hotel in Saint Lucia, offering complete cocoa immersion thorough tree-to-bar experiences and wellness treatments. The Group also has a flagship restaurant and cocoa roastery in London's Borough Market: Rabot 1745. The Group was admitted to trading on AIM in 2016.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Matthew Robert Phillip Pritchard
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2
| Reason for the notification
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a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Hotel Chocolat Group plc | ||||
b)
| LEI
| 213800B4D3J15PZHVY29 | ||||
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
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a)
| Description of the financial instrument, type of instrument | Hotel Chocolat Group plc ordinary shares of 0.1p each | ||||
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Identification code | ISIN: GB00BY23CB04 | |||||
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b)
| Nature of the transaction
| Exercise of Options | ||||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| £1.48 | 4,864 |
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d)
| Aggregated information |
n/a (single transaction) | ||||
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- Aggregated volume |
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- Price |
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e)
| Date of the transaction
| 1 November 2019 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||