REG - Cerillion PLC - Share purchase for Employee Share Option Scheme

CerillionAnnouncement

21/02/2022 07:01

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RNS Number : 1950C  Cerillion PLC  21 February 2022

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

 

Share purchase for Employee Share Option Scheme

 

Cerillion, the billing, charging and customer relationship management software
solutions provider, announces that, on 18 February, the Company purchased
111,814 shares of 0.5 pence each in the Company ("Ordinary Shares") at a
price of 740 pence per share. The shares will be held in treasury in order to
satisfy the exercise of options under a HMRC approved Cerillion plc
Save-As-You-Earn Option Plan ("the Plan"). The options will be available for
exercise from 1 March 2022 with an exercise price of £1.09, being a 20%
discount to the closing market price the last trading date before the launch
of the Plan.

 

Following this purchase, a total of 111,826 Ordinary Shares, representing 0.4
per cent of the voting rights attributable to the total Ordinary Shares in
issue prior to the purchase, are held in treasury.

 

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

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

 

About Cerillion

www.cerillion.com (http://www.cerillion.com)

 

Cerillion has a 22-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, USA 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.

 

 

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