Exercise of Options and Share Transfer

RNS Number : 6529C

Cerillion PLC

20 October 2020

 

20 October 2020

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Exercise of Options, Director/PDMR shareholdings
and
Total Voting Rights

Cerillion, the billing, charging and customer relationship management software solutions provider, announces that on 20 October 2020, options over a total of 125,000  shares of 0.5 pence each in the Company ("Ordinary Shares")  have been exercised, at 0.5 pence each ("Options"). The Options have been exercised by the following persons discharging managerial responsibilities ("PDMRs") pursuant to the Company's senior management team Long-Term Incentive Plan ("LTIP"), details of which were announced on 19 September 2017.

PDMR	Number of Options exercised	Exercise price	Total number of shares held following exercise	Total number of shares held as % of issued share capital
Mark Nicholls	25,000	0.5 pence	43,645	0.15%
Andrew Smith	25,000	0.5 pence	34,540	0.12%
Richard Doughty	25,000	0.5 pence	39,212	0.13%
Arif Bhavnagarwalla	25,000	0.5 pence	25,000	0.08%
Alistair Carwardine	25,000	0.5 pence	25,000	0.08%

Total Voting Rights

In order to facilitate this exercise of Options, a total of 125,000  shares have been transferred out of treasury . Following this exercise of Options, a total of 12 Ordinary Shares are now held in treasury and the total issued share capital has remained unchanged at 29,513,486 Ordinary Shares. Each Ordinary Share carries voting rights on the basis of one vote per Ordinary Share. Therefore, the total number of voting rights is 29,513,474.

The above figure may be used by shareholders as the denominator for calculations to determine if they have a notifiable interest in Cerillion, under the Disclosure and Transparency Rules, or if such interest has changed.

Share Transfer

In addition to the exercise of Options, the Company was notified that Mr Oliver Gilchrist, CFO, transferred 176,000 shares to his wife, Mrs Sarah-Anne Gilchrist, for nil consideration on 20 October 2020 (the "Transfer"). Following the Transfer, Mr Oliver Gilchrist, together with his spouse, remains interested in a total of 352,895 Ordinary Shares, representing 1.2% of the Company's issued share capital.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on exercise of Options and Transfer.

 For further information please contact:

Cerillion plc	c/o KTZ Communications
Louis Hall, CEO	T: 020 3178 6378
Oliver Gilchrist, CFO
Liberum (Nomad and Broker)	T: 020 3100 2000
Bidhi Bhoma, Euan Brown, William Hall
KTZ Communications	T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney

About Cerillion

www.cerillion.com

Cerillion is a leading provider of mission critical software for billing, charging and customer relationship management ("CRM"), mainly serving the telecommunications market but also other sectors such as utilities and financial services. The Company currently has over 90 customer installations across over 40 countries.

Headquartered in London, Cerillion also has operations in Pune, India, where its Global Solutions Centre is located, Miami and Sydney.

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Nicholls
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Exercise of options under the Company's senior management team Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 25,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Smith
2	Reason for the notification
a)	Position/status	Marketing Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Exercise of options under the Company's senior management team Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 25,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Doughty
2	Reason for the notification
a)	Position/status	Business Development Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Exercise of options under the Company's senior management team Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 25,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Arif Bhavnagarwalla
2	Reason for the notification
a)	Position/status	Support Director & Head of India Operations
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Exercise of options under the Company's senior management team Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 25,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alistair Carwardine
2	Reason for the notification
a)	Position/status	Senior Vice President Asia Pacific
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Exercise of options under the Company's senior management team Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 25,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Oliver Gilchrist
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Transfer for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 176,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	20 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah-Anne Gilchrist
2	Reason for the notification
a)	Position/status	PCA of Oliver Gilchrist, CFO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850
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   Identification code	Ordinary shares of GBP 0.005 each GB00BYYX6C66
b)	Nature of the transaction	Receipt of transfer for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 176,000
d)	Aggregated information    - Aggregated volume  - Price	Not Applicable - Single Transaction
e)	Date of the transaction	20 October 2020
f)	Place of the transaction	Outside a trading venue

 

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