RNS Number : 6483G
Cirata PLC
29 April 2025
29 April 2025
Cirata plc
("Cirata" or the "Company")
Grant of Share Options to PDMRs
Cirata plc (LSE: CRTA), announces that on 29 April 2025 it awarded a total of 175,000 options to acquire ordinary shares of 10 pence per share ("Options") under the 2025 Cirata plc Amended and Restated Share Option Plan ("SOP"), and a total of 120,000 options to acquire ordinary shares of 10 pence per share under the FY25 Company Bonus plan ("CBP") to the following person discharging managerial responsibilities ("PDMR").
All new options were granted at an exercise price of 20.46p per share.
PDMR
Scheme
Number of new Options
Total Options Held post new award
% of Issued share capital[1]
Vesting
Paul Scott-Murphy, CTO
SOP
175,000
625,000
0.50%
3-year vesting schedule; 1/3 on first anniversary, quarterly vesting thereafter
Paul Scott-Murphy, CTO
CBP
120,000
120,000
0.09%
Vesting on first trading day following release of audited FY25 results. Subject to performance conditions being met.
The Company's Remuneration Committee has approved the awards and regards long term incentives as an important part of the remuneration of members of the leadership team to align them with shareholder interests.
For further information, please contact:
Cirata
+1 (925) 380 1728
Stephen Kelly, Chief Executive Officer
Ricardo Moura, Interim Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting
+44 (0)20 3727 1137
Matt Dixon / Kwaku Aning / Usama Ali
Stifel(Nomad and Joint Broker)
+44 (0)20 7710 7600
Fred Walsh / Brough Ransom / Ben Good / Sarah Wong
Panmure Liberum(Joint Broker)
+44 (0)20 3100 2000
Max Jones / John More
About Cirata
Cirata, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of MAR.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Scott-Murphy
2
Reason for the notification
a)
Position/status
Chief Technology Officer (PDMR for notification)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cirata plc
b)
LEI
213800Y1A75RSC698O04
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 Identification code
Ordinary Shares 10p each ISIN: JE00B6Y3DV84
b)
Nature of the transaction
Grant of Share options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
20.46 pence
295,000
d)
Aggregated information
n/a
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
Outside a trading venue
[1] The issued share capital as at 19 February 2025 consisted of 126,340,251 ordinary shares of ten pence each with voting rights admitted to trading. The Company holds no ordinary shares in Treasury.
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