Exercise of Options and Total Voting Rights

RNS Number : 4857F

Cerillion PLC

10 March 2020

 

10 March 2020

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Exercise of Options

Total Voting Rights

Cerillion, the billing, charging and customer relationship management ("CRM") software solutions provider, announces that on 9 March 2020 options over 37,365 shares of 0.5 pence each in the Company ("Ordinary Shares") have been exercised, at £1.132 ("Options"). 37,377 shares have been issued to certain employees pursuant to the Save-As-You-Earn Option Plan ("the Plan"), details of which were announced on 6 January 2017, 8 February 2017 and 27 February 2020.

In order to facilitate this exercise of Options, a total of 37,365 shares have been transferred out of treasury. Following this exercise of Options, a total of 12 Ordinary Shares, representing 0.00004 per cent of the Company's total voting rights, 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.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

For further information please contact:

Cerillion plc Louis Hall, CEO Oliver Gilchrist, CFO		c/o KTZ Communications T: 020 3178 6378
Shore Capital (Nomad and Broker)		T: 020 7408 4090
Toby Gibbs, Mark Percy, Sarah Mather (Corporate Advisory), Henry Willcocks (Corporate Broking)
KTZ Communications		T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney

About Cerillion

Cerillion has a 20-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has c. 90 customer installations across c. 40 countries.

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

The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

 

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