REG - Cirata PLC - Director/PDMR Shareholding

CirataAnnouncement

07/12/2023 07:00

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RNS Number : 9382V  Cirata PLC  07 December 2023

7 December 2023

 

Cirata plc

("Cirata" or the "Company")

Director/PDMR Shareholdings

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities

 

Cirata plc (LSE: CRTA) provides the following notification of a share transfer
and a share purchase by persons discharging managerial responsibilities
("PDMR").

 

On 4 December 2023, Mr Stephen Kelly, Chief Executive Officer, transferred
82,000 Ordinary Shares in Cirata to each of his daughters Hannah, Isabel and
Naomi Kelly (an aggregate total of 246,000 Ordinary Shares (the "Share
Transfers").

 

Separately on 4 December 2023, Mr Stephen Kelly, purchased 15,980 Ordinary
Shares in Cirata at a price of 63 pence per Ordinary Share (the "Share
Purchase").

 

Following the completion of the Share Purchase, the Share Transfer and once
the previously announced Allotment Award 1  share matching transaction has
been completed, Mr Stephen Kelly will be the beneficial owner of 1,802,660
Ordinary Shares, representing approximately 1.56% of the Company's "total
issued" share capital 2 .

 

The following represents the PDMR's beneficial interest post completion of the
Share Purchase, the Share transfers and the "Allotment Award".

 

 Transaction                                                                    Shares / %
 Total beneficial interest as of COB 3 December 2023                            1,182,680
 Number of Ordinary Shares acquired pursuant to the Share Purchase on 4         15,980
 December 2023
 Total beneficial interest post completion of the Share Purchase on 4 December  1,198,660
 2023
 Less the transfer of Ordinary Shares on 4 December 2023,                       246,000

 the "Share Transfers"
 Ordinary Shares acquired pursuant to the Allotment Award                       850,000
 Total beneficial Interest post completion of Share Transfers, Share Purchase   1,802,660
 & Allotment Award
 Total beneficial interest as a percentage of the Company's total issued share  1.56%
 capital following the Allotment of the Award

 

The Notification of Dealing Form for the transfer and purchase of Ordinary
Shares is included at the end of this announcement.

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

 

This announcement contains information that qualifies or may qualify as inside
information. The person responsible for arranging the release of this
announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 

 Cirata plc                                     Via FTI Consulting
 Stephen Kelly, Chief Executive Officer
 Ijoma Maluza, 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 / Richard Short / Tom Marsh

 Liberum (Joint Broker)                         +44 (0)20 3100 2000
 Max Jones / Ben Cryer / Miquela Bezuidenhoudt

 

 

 

 

 

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 (http://www.cirata.com)

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Stephen Kelly

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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  Ordinary Shares 10 p each

      Identification code

                                                                   ISIN: JE00B6Y3DV84
 b)   Nature of the transaction                                    Purchase of Ordinary Shares

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

                                                                   63 pence  15,980
 d)   Aggregated information

      - Aggregated volume                                          15,980

      - Price

                                                                   63 pence
 e)   Date of the transaction                                      04 December 2023

 f)   Place of the transaction                                     London Stock Exchange (AIMX)

d)

 

Aggregated information

- Aggregated volume

- Price

 

15,980

 

63 pence

e)

 

Date of the transaction

04 December 2023

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Stephen Kelly

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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  Transfer of Ordinary Shares 10p each

      Identification code

                                                                   ISIN: JE00B6Y3DV84
 b)   Nature of the transaction                                    Transfer of ordinary shares

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

                                                                   Nil       82,000
                                                                   Nil       82,000
                                                                   Nil       82,000
 d)   Aggregated information

      - Aggregated volume                                          246,000

      - Price

                                                                   Nil
 e)   Date of the transaction                                      4 December 2023

 f)   Place of the transaction                                     London Stock Exchange (AIMX)

d)

 

Aggregated information

- Aggregated volume

- Price

 

246,000

 

Nil

e)

 

Date of the transaction

4 December 2023

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

 

 

 1 As described in our 17 November 2023 regulatory announcement, under the
terms of the Allotment Award share matching transaction Mr Kelly will be
allocated a total of 850,000 ordinary shares. These shares will be issued by
31 December 2023.

 2  The Company's issued share capital at 1 December 2023 consisted of
114,933,711 ordinary shares of ten pence each with voting rights admitted to
trading. The Company holds no ordinary shares in Treasury. Upon completion
of the Allotment Share Awards the issued share capital will increase by
850,000 shares leading to a total of 115,783,648 issued share capital.

 

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