REG - Cirata PLC - Grant of Awards & PDMR Dealing

CirataAnnouncement

04/02/2026 09:00

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RNS Number : 6960R  Cirata PLC  04 February 2026

4 February 2026

 

Cirata plc

("Cirata" or the "Company")

Grant of Awards & PDMR Dealing

 

Cirata (LSE: CRTA), announces a grant of awards to Paul Scott Murphy Chief
Technical Officer ("CTO"), and Dominic Arcari Chief Revenue Officer ("CRO")
under the Company's Share Options Plan (as amended and restated) ("SOP") (the
"Award").

 

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.

 

Paul Scott Murphy CTO

 

Award Details

The Awards shall be structured in the form of equity-based payments. The Award
is comprised of 50% share options and 50% performance-based share options.
Each performance-based share option entitles the holder to receive one
ordinary share of 10p each in the Company ("Ordinary Shares") upon vesting,
subject to the achievement of the performance-based conditions detailed below.

 

·      Options over 300,000 Ordinary Shares have been awarded which will
vest as a one-year cliff and then on a straight-line basis, quarterly through
to the end of February 2029 with an exercise price of 20.6 pence per share.
The options carry no performance conditions.

 

·      Options over 300,000 Ordinary Shares have been awarded which will
vest on 31 December 2027 with an exercise price of 10 pence per share, being
the nominal value of the shares on the grant date. This vesting will be
subject to the achievement of a closing market price of the Company's Ordinary
shares of at least 75 pence on the vesting date.

 

 

The Option strike price of 20.6 pence has been determined as the 60-day volume
weighted average price ("VWAP") to 3 February 2026 1  (#_ftn1) .

 

Any shares issued upon exercise or vesting will rank pari passu with the
existing Ordinary Shares of the Company. The Awards are subject to continued
service and applicable malus and clawback provisions.

 

The Awards to Paul Scott Murphy are summarised in the following schedule.

 

Option Grants

 

 Award    Number of Options  % of Issued Share capital 2  (#_ftn2)  Strike                              Vesting Conditions                                                     Vesting Date
 Options  300,000            0.24%                                  Nominal Value (10 pence per share)  Closing price of Ordinary Shares of at least 75 pence on vesting date  31 December 2027
 Options  300,000            0.24%                                  20.6 pence                          One year cliff                                                         Quarterly to end February 2029

 

Following the grant of the Awards, Paul Scott Murphy is beneficially
interested in 1,345,000 options over Ordinary Shares in the Company equating
to 1.06% of outstanding share capital.

 

In addition, Paul Scott Murphy is the beneficial owner of 22,907 Ordinary
Shares, representing 0.02% of the Company's total issued share capital.

 

Dominic Arcari CRO

 

Award Details

The Awards shall be structured in the form of equity-based payments. The Award
is comprised of performance-based share options. Each performance-based share
option entitles the holder to receive one ordinary share of 10p each in the
Company ("Ordinary Shares") upon vesting, subject to the achievement of the
performance-based conditions detailed below.

 

·      Options over 300,000 Ordinary Shares have been awarded which will
vest on 31 December 2027 with an exercise price of 10 pence per share, being
the nominal value of the shares on the grant date. This vesting will be
subject to the achievement of a closing market price of the Company's Ordinary
shares of at least 75 pence on the vesting date.

 

Any shares issued upon exercise or vesting will rank pari passu with the
existing Ordinary Shares of the Company. The Awards are subject to continued
service and applicable malus and clawback provisions.

 

The Awards to Dominic Arcari are summarised in the following schedule.

 

Option Grants

 

 Award    Number of Options  % of Issued Share capital  Strike                              Vesting Conditions                                                     Vesting Date
 Options  300,000            0.24%                      Nominal Value (10 pence per share)  Closing price of Ordinary Shares of at least 75 pence on vesting date  31 December 2027

 

Following the grant of the Awards, Dominic Arcari is beneficially interested
in 650,000 options over Ordinary Shares in the Company (0.51% of outstanding
share capital).

 

In addition, Dominic Arcari is the beneficial owner of 14,500 Ordinary Shares,
representing 0.01% of the Company's total issued share capital. These shares
were acquired before Dominic joined the company.

 

For further information, please contact:

 

 Cirata                                                        Via FTI Consulting
 Stephen Kelly, Chief Executive Officer
 Ricardo Moura, 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 / Dan Dearden-Williams

 Panmure Liberum (Joint Broker)                                +44 (0)20 3100 2000
 James Sinclair-Ford / Rupert Dearden / 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 (http://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                                              CTO
 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 10p each

     Identification code

                                                                  ISIN: JE00B6Y3DV84
 b)  Nature of the transaction                                    Grant of Share options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  10p       300,000
                                                                  20.6p     300,000
 d)  Aggregated information                                       n/a
 e)  Date of the transaction                                      3 February 2026
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

n/a

e)

Date of the transaction

3 February 2026

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Dominic Arcari
 2   Reason for the notification
 a)  Position/status                                              CRO
 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 10p each

     Identification code

                                                                  ISIN: JE00B6Y3DV84
 b)  Nature of the transaction                                    Grant of Share options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  10.0p      300,000
 d)  Aggregated information                                       n/a
 e)  Date of the transaction                                      3 February 2026
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

n/a

e)

Date of the transaction

3 February 2026

f)

Place of the transaction

Outside a trading venue

 

 

 1  (#_ftnref1) The share price 60-day VWAP is 20.5951 and is rounded to 20.6
pence per share

 2  (#_ftnref2) Issued share capital as at the 4 February 2026 consisted of
126,447,055 ordinary shares of ten pence per share each with voting rights
admitted to trading. The Company holds no ordinary shares in Treasury.

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