REG - Cerillion PLC - Share Purchase, Options Exercise, Div Declaration

CerillionAnnouncement

19/11/2024 07:00

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RNS Number : 7006M  Cerillion PLC  19 November 2024

AIM: CER

Cerillion plc

("Cerillion" or the "Company")

Share purchase for Long-Term Incentive Plan, exercise of options under LTIP,
PDMR shareholdings and dividend declaration

Cerillion, the billing, charging and customer relationship management software
solutions provider, announces that on 18 November, the Company purchased into
treasury 32,500 shares of 0.5 pence each in the Company ("Ordinary Shares") at
an average price of 1910 pence per Ordinary Share.

The 32,500 Ordinary Shares were immediately issued from treasury to certain
members of senior management (set out below) who have exercised their rights
pursuant to the Company's Long-Term Incentive Plan ("LTIP"), details of which
were announced on 19 September 2017. These options, that are exercisable at
the nominal value of the Ordinary Shares, were subject to the achievement of
targets for compound annual growth in the share price of the Company over the
original three-year vesting period.

 PDMR                 Role                           LTIPs exercised
 Alistair Carwardine  SVP Asia Pacific               5,000
 Arif Bhavnagarwalla  Head of Operations, India      5,000
 Mark Nicholls        Chief Operating Officer        7,500
 Amit McCann          Account Development Director   5,000
 Andrew Smith         Marketing Director             5,000
 Richard Doughty      Business Development Director  5,000

 

The information below is set out in accordance with the requirements of the
Market Abuse Regulation (EU) 596/2014 (which forms part of UK domestic law
pursuant to the European Union (Withdrawal) Act 2018, as amended), provides
further details of the transaction EU Market Abuse Regulation, provides
further detail on the sales.

 

Treasury Shares

Following the transfer, the Company holds no shares in Treasury.

Total voting rights

Following the exercise of LTIPs, the total number of Ordinary Shares in issue,
for the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, remains unchanged at 29,535,614 with each share carrying
the right to one vote.

The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the Disclosure and Transparency Rules.

Dividend Declaration - timing update

Further to the Company's final results for the year ended 30 September 2024,
as announced on 18 November 2024, the Company provides an update on the
proposed dividend timetable. The final dividend of 8.0p per share, which is
subject to shareholder approval at the Company's Annual General Meeting to be
held on 13 February 2025, will be payable on 20 February 2025 to those
shareholders on the Company's register as at the close of business on the
record date of 17 January. The ex-dividend date is 16 January 2025.

Enquiries:

 Cerillion plc                                     c/o KTZ Communications
 Louis Hall, CEO                                   T: 020 3178 6378
 Andrew Dickson, CFO
 Panmure Liberum Limited (Nomad and Joint Broker)  T: 020 3100 2000
 Bidhi Bhoma, Edward Mansfield, Freddie Wooding
 Singer Capital Markets (Joint Broker)             T: 020 7496 3000
 Rick Thompson, James Fischer
 KTZ Communications                                T: 020 3178 6378
 Katie Tzouliadis, Robert Morton

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Alistair Carwardine

                                                                   Arif Bhavnagarwalla

                                                                   Mark Nicholls

                                                                   Amit McCann

                                                                   Andrew Smith

                                                                   Richard Doughty
 2    Reason for the notification

 a)   Position/status                                              SVP Asia Pacific

                                                                   Head of Operations, India

                                                                   Chief Operating Officer

                                                                   Account Development Director

                                                                   Marketing Director

                                                                   Business Development Director
 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 GBP 0.005 each

        Identification code                                        GB00BYYX6C66

 b)   Nature of the transaction                                    Exercise of options into Ordinary Shares under the LTIP

 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)

                                                            0.5 pence     5,000
                                                                   0.5 pence     5,000
                                                                   0.5 pence     7,500
                                                                   0.5 pence     5,000
                                                                   0.5 pence     5,000
                                                                   0.5 pence     5,000

 
 d)   Aggregated information

         - Aggregated volume                                       32,500 Ordinary Shares

       - Price                                                     0.5 pence

 e)   Date of the transaction                                      18 November 2024

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

   - Aggregated volume

 - Price

 

32,500 Ordinary Shares

0.5 pence

 

e)

 

Date of the transaction

18 November 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

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