REG - PCI-PAL PLC - PDMR Issue of Options

PCI- PALAnnouncement

06/03/2025 14:00

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RNS Number : 6916Z  PCI-PAL PLC  06 March 2025

6 March 2025

 

PCI-PAL PLC

("PCI Pal", the "Company" or "the Group")

 

PDMR Issue of Options

 

PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment
solutions, announces that it has granted options ("Options") over ordinary
shares of 1 pence each ("Ordinary Shares") to Ryan Murray, Chief Financial
Officer of the Company, on 6 March 2025 at an exercise price of 57.0 pence,
being the closing price on 5 March 2025, as follows:

 

 Name         Title  Options Granted  Earliest Exercising Date      Total Options Held
 Ryan Murray  CFO    350,000                         6 March 2028   350,000

 

The terms vesting are as follows:

 

 Tranche of Awards         Vesting Criteria
 50% of the grant Options  The Option shall be exercisable over 50% of the Option Shares (rounded down to
                           the nearest whole Share) if the price of the Company's shares, as determined
                           by the previous dealing day's closing price (derived from the London Stock
                           Exchange or as published in the Financial Times) ("Company Share Price") is
                           equal to or greater than 58.0 pence per share during any continuous 30 day
                           period falling after the Date of Grant.
 25% of the grant Options  The Option shall be exercisable over an additional 25% of the Option Shares
                           (rounded down to the nearest whole Share) if the Company Share Price is equal
                           to or greater than 150% of the of the share price on Date of Grant during any
                           continuous 30 day period falling after the Date of Grant.
 25% of the grant Options  The Option shall be exercisable over the remaining 25% of the Option Shares if
                           the Company Share Price is equal to or greater than 200% of the of the share
                           price on Date of Grant during any continuous 30 day period falling after the
                           Date of Grant.

 

Subject to the Vesting Criteria above being met, the earliest any of the
Options may be exercised is after three years.

 

Following this announcement, there are a total of 8,921,667 options over
Ordinary Shares in issue, representing 12.29% of the current issued share
capital of the Company.

 

For further information, please contact:

 

 PCI-PAL PLC                                                       Via Walbrook PR
 James Barham - Chief Executive Officer

 Ryan Murray - Chief Financial Officer
 Cavendish Capital Markets Limited (Nominated Adviser and Broker)  +44 (0) 20 7227 0500
 Marc Milmo/Fergus Sullivan/Finn Gordon (Corporate Finance)

 Sunila de Silva/Ondraya Swanson (Corporate Broking)

 Walbrook PR                                                       +44 (0) 20 7933 8780
 Tom Cooper/Joseph Walker                                          +44 (0) 797 122 1972
                                                                   tom.cooper@walbrookpr.com (mailto:tom.cooper@walbrookpr.com)

About PCI Pal:

 

PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that
empower companies to take payments from their customers securely, adhere to
strict industry governance, and remove their business from the significant
risks posed by non-compliance and data loss. Our products secure payments and
data in any business communications environment including voice, chat, social,
email, and contact centre. We are integrated to, and resold by, some of the
worlds' leading business communications vendors, as well as major payment
service providers.

 

The entirety of our product-base is available from our global cloud platform
hosted in Amazon Web Services ("AWS"), with regional instances across EMEA,
North America, and ANZ.

 

For more information visit www.pcipal.com (http://www.pcipal.com/)  or
follow the team on Linkedin: https://www.linkedin.com/company/pci-pal/
(https://www.linkedin.com/company/pci-pal/)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Ryan Murray
 2.  Reason for the notification
 a)  Position/status:                                              PDMR - Chief Financial Officer
 b)  Initial notification/Amendment:                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         PCI PAL PLC
 b)  LEI:                                                          213800XTX34IQYMYES95
 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 of 1 pence each

     Identification code:

                                                                   ISIN Code: GB0009737155
 b)  Nature of the transaction:                                    Grant of Options
 c)  Price(s) and volume(s):                                       Price(s)    Volume(s)
                                                                   57.0 pence  350,000
 d)  Aggregated information:                                       See 4(c) above

     ·      Aggregated volume:

     ·      Price:
 e)  Dates of the transactions:                                    6 March 2025
 f)  Place of the transaction:                                     Off Market Transaction

d)

Aggregated information:

·      Aggregated volume:

·      Price:

See 4(c) above

 

e)

Dates of the transactions:

6 March 2025

f)

Place of the transaction:

Off Market Transaction

 

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