REG - Cerillion PLC - Grant of Options and PDMR Shareholding

CerillionAnnouncement

28/12/2022 07:00

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RNS Number : 9612K  Cerillion PLC  28 December 2022

AIM: CER

Cerillion plc

("Cerillion" or "Company" or "Group")

Grant of Options under SAYE Scheme & PDMR Shareholding

Cerillion plc, the billing, charging and customer relationship management
software solutions provider, announces an award of options under the
Cerillion plc Save-As-You-Earn Option Plan (the "Plan").  Under the Plan,
employees contribute a monthly amount that will be saved over three years to
enable the exercise of options over ordinary shares of 0.5 pence each in the
Company ("Ordinary Shares"). The options will be available for exercise from 1
February 2026 with an exercise price of £9.28 being a 20% discount to the
closing market price the last trading date before the award under the Plan. Mr
Mark Nicholls, Chief Operating Officer, has been granted 775 options under the
Plan.

In total, up to 27,766 options over Ordinary Shares could be awarded under the
Plan, which would represent approximately 0.1% per cent of the current issued
share capital of the Company.

 For further information please contact:

 Cerillion plc                                c/o KTZ Communications
 Louis Hall, CEO                              T: 020 3178 6378
 Andrew Dickson, CFO

 Liberum (Nomad and Broker)                   T: 020 3100 2000
 Bidhi Bhoma, Cameron Duncan, William Hall

 Singer Capital Markets (Joint Broker)
 Rick Thompson, George Tzimas, James Fischer  T: 020 7496 3000

 KTZ Communications                           T: 020 3178 6378
 Katie Tzouliadis, Dan Mahoney

 

About Cerillion

Cerillion has a 23-year track record in providing mission-critical software
for billing, charging and customer relationship management ("CRM"), mainly to
the telecommunications sector but also to other markets, including utilities
and financial services. The Company has c. 80 customer installations across c.
45 countries.

Headquartered in London, Cerillion has operations in Pune, India, where its
Global Solutions Centre is located, as well as operations in Bulgaria,
Belgium, Singapore and Australia.

The business was originally part of Logica plc before its management buyout,
led by CEO, Louis Hall, in 1999. The Company joined AIM in March 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
 a)   Name                                                         Mark Nicholls
 2    Reason for the notification
 a)   Position/status                                              COO
 b)   Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Cerillion PLC
 b)   LEI                                                          213800ISIZMUC3P46850
 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 of 0.5 pence each

      Identification code

                                                                   GB00BYYX6C66
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)                                          Price(s)     Volume(s)

                                                            £9.28           775

 d)   Aggregated information                                       Not Applicable - Single Transaction

        - Aggregated volume

       - Price
 e)   Date of the transaction                                       27 December 2022
 f)   Place of the transaction                                     Off Market

d)

 

Aggregated information

  - Aggregated volume

 - Price

Not Applicable - Single Transaction

e)

Date of the transaction

 27 December 2022

f)

Place of the transaction

Off Market

 

 

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