REG - Cirata PLC - Grant of Share Options to PDMRs
01/11/2024 07:00
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RNS Number : 4959K Cirata PLC 01 November 2024
1 November 2024
Cirata plc
("Cirata" or the "Company")
Grant of Share Options to PDMRs
Cirata plc (LSE: CRTA), announces that on 31 October 2024 it awarded a
total of 275,000 options to acquire ordinary shares of 10 pence per share
("Options") to the following persons discharging managerial responsibilities
("PDMR") under the 2023 Cirata plc Amended and Restated Share Option Plan, as
follows:
All new options were granted at an exercise price of 30 pence per share.
PDMR Number of new Options Total Options Held post new award % of Issued share capital 1 (#_ftn1)
Vesting
Paul Scott-Murphy, CTO 75,000 455,000 0.36% 3-year vesting schedule; 1/3 on first anniversary, quarterly vesting
thereafter
Ricardo Moura, Interim CFO 50,000 50,000 0.04% 1-year vesting schedule; all options vest on first anniversary
Hayley Fisher, VP People 50,000 200,000 0.16% 3-year vesting schedule; 1/3 on first anniversary, quarterly vesting
thereafter
Brian Kilpatrick, Engineering Director 50,000 68,330 0.05% 3-year vesting schedule; 1/3 on first anniversary, quarterly vesting
thereafter
Chris Cochran, CRO Americas 50,000 220,856 0.18% 3-year vesting schedule; 1/3 on first anniversary, quarterly vesting
thereafter
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.
1 The issued share capital as at 31 October 2024 consisted of 125,936,463
ordinary shares of ten pence each with voting rights admitted to
trading. The Company holds no ordinary shares in Treasury.
This announcement contains information that qualifies or may qualify as 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.
The person responsible for arranging the release of this announcement on
behalf of Cirata plc is Larry Webster, Company Secretary.
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 / 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 (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 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 Ordinary Shares 10p each
Identification code
ISIN: JE00B6Y3DV84
b) Nature of the transaction Grant of Share options - vesting over 3 years
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 75,000
d) Aggregated information n/a
e) Date of the transaction 31 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
n/a
e)
Date of the transaction
31 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ricardo Moura
2 Reason for the notification
a) Position/status Interim CFO (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 Ordinary Shares 10p each
Identification code
ISIN: JE00B6Y3DV84
b) Nature of the transaction Grant of Share options - vesting over 1 year
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 50,000
d) Aggregated information n/a
e) Date of the transaction 31 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
n/a
e)
Date of the transaction
31 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Hayley Fisher
2 Reason for the notification
a) Position/status VP People (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 Ordinary Shares 10p each
Identification code
ISIN: JE00B6Y3DV84
b) Nature of the transaction Grant of Share options - vesting over 3 years
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 50,000
d) Aggregated information n/a
e) Date of the transaction 31 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
n/a
e)
Date of the transaction
31 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Brian Kilpatrick
2 Reason for the notification
a) Position/status Engineering Director (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 Ordinary Shares 10p each
Identification code
ISIN: JE00B6Y3DV84
b) Nature of the transaction Grant of Share options - vesting over 3 years
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 50,000
d) Aggregated information n/a
e) Date of the transaction 31 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
n/a
e)
Date of the transaction
31 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chris Cochran
2 Reason for the notification
a) Position/status Chief Revenue Officer Americas (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 Ordinary Shares 10p each
Identification code
ISIN: JE00B6Y3DV84
b) Nature of the transaction Grant of Share options - vesting over 3 years
c) Price(s) and volume(s) Price(s) Volume(s)
30 pence 50,000
d) Aggregated information n/a
e) Date of the transaction 31 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
n/a
e)
Date of the transaction
31 October 2024
f)
Place of the transaction
Outside a trading venue
(#_ftnref1)
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