REG - Cel AI PLC - TR-1 Notification and Director’s Dealings

CEL AIAnnouncement

07/03/2024 15:30

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RNS Number : 0544G  Cel AI PLC  07 March 2024

7 March 2024

 

CEL AI plc

 

("Cel AI" or the "Company")

 

TR-1 Notification and Director's Dealings

 

Cel AI (LSE: CLAI) announces that it has been notified of the following
transactions in ordinary shares in the Company undertaken by directors/persons
discharging managerial responsibility (PDMRs), details of which are set out in
the notification below.

 

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
 a)  Name                                                         Matthew Lodge
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification / Amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cel AI plc
 b)  LEI                                                          213800IXPX4Z2MKX2U28
 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 Financial instrument, type of instrument  Ordinary Shares
     Identification Code                                          GB00BK964W87
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)                          Volume(s)
                                                                  0.405 pence per Ordinary Share    20,000,000 Ordinary Shares  (22 February 2024)

                                                                  0.441 pence per Ordinary Share    25,000,000 Ordinary Shares (23 February 2024)

                                                                  0.4675 pence per Ordinary Share   37,000,000 Ordinary Shares

                                                                                   (27 February 2024)
 d)  Aggregated information:

     · Aggregated volume                                          82,000,000 Ordinary Shares

     · Price                                                      £364,225
 e)  Date of the transaction                                      22, 23, and 27 February 2024
 f)  Place of the Transaction                                     London Stock Exchange

d)

Aggregated information:

· Aggregated volume

· Price

 

82,000,000 Ordinary Shares

£364,225

e)

Date of the transaction

22, 23, and 27 February 2024

f)

Place of the Transaction

London Stock Exchange

 

 

For further information please contact:

 

 Cellular Goods
 Michael Edwards                            via FSCF +44 7572 873 300

 Director
 First Sentinel Corporate Finance (FSCF)
 Investor Relations

 Rebecca Noonan                             +44 7572 873 300

 ir@getcel.ai (mailto:ir@getcel.ai)

 Media Relations

 Rebecca Noonan                             +44 7572 873 300

 media@getcel.ai (mailto:media@getcel.ai)

 Corporate Broker & Advisor

 Brian Stockbridge                          +44 7858 888 007
 Novum Securities
 Corporate Broker

 Colin Rowbury

 Jon Belliss                                +44 207 399 9427

 

 

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 FCA in Microsoft Word format if possible) (i)

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    Cel AI PLC
 which voting rights are attached (ii):
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                               X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify) (iii):
 3. Details of person subject to the notification obligation (iv)
 Name                                                                                                                                                         Matthew Lodge
 City and country of registered office (if applicable)
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached (vi):                                                                                                  27 February 2024
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               7 March 2024

                                                                                                                                                              * delay caused by the new requirement to set up an account on Electronic
                                                                                                                                                              Submission System prior to this submission
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  2.16                                                   0                                                     2.16                            13,000,000
 Position of previous notification (if                                      15.77

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached (viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights (ix)                                              % of voting rights

shares

 ISIN code (if possible)
                                                Direct                    Indirect                                        Direct                                           Indirect

                                                (DTR5.1)                   (DTR5.2.1)                                     (DTR5.1)                                         (DTR5.2.1)
 GB00BK964W87                                   13,000,000                0                                               2.16%                                            0%
 SUBTOTAL 8. A                                  13,000,000                                                                2.16%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                   Expiration  Exercise/                             Number of voting rights that may be acquired if the instrument is        % of voting rights

date (x)
Conversion Period (xi)

                                                                                                  exercised/converted.

                                                            SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                   Exercise/                   Physical or cash                                          Number of voting rights  % of voting rights

date (x)
Conversion Period (xi)

                                                                                        Settlement (xii)

                                                                                        SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural                                                                                                                                           X
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer (xiii)
 Full chain of controlled undertakings through which the voting rights and/or
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
 Name (xv)                   % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information (xvi)

 

 Place of completion  Singapore
 Date of completion   7 March 2024

 

 

 

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