REG - Cirata PLC - Grant of Share Options to PDMRs

CirataAnnouncement

Tue 11:45

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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          175,000                                                   0.50%                         3-year vesting schedule; 1/3 on first anniversary, quarterly vesting

                                                                thereafter
                         SOP                            625,000
 Paul Scott-Murphy, CTO          120,000                                                   0.09%                         Vesting on first trading day following release of audited FY25 results.

                                                                Subject to performance conditions being met.
                         CBP                            120,000

 

 

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 (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
 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

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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