TR-1 Notification and Director’s Dealings

Cel AI PLC

07 March 2024

 

7 March 2024

CEL AI plc

("Cel AI" or the "Company")

TR-1 Notification and Director's Dealings

Cel AI (LSE: CLAI) announces that it has been notified of the following transactions in ordinary shares in the Company undertaken by directors/persons discharging managerial responsibility (PDMRs), details of which are set out in the notification below.

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	Matthew Lodge
2.	Reason for the Notification
a)	Position/status	Director
b)	Initial notification / Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cel AI plc
b)	LEI	213800IXPX4Z2MKX2U28
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
	Identification Code	GB00BK964W87
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.405 pence per Ordinary Share 0.441 pence per Ordinary Share 0.4675 pence per Ordinary Share 20,000,000 Ordinary Shares  (22 February 2024) 25,000,000 Ordinary Shares (23 February 2024) 37,000,000 Ordinary Shares (27 February 2024)
d)	Aggregated information: · Aggregated volume · Price	82,000,000 Ordinary Shares £364,225
e)	Date of the transaction	22, 23, and 27 February 2024
f)	Place of the Transaction	London Stock Exchange

For further information please contact:

Cellular Goods
Michael Edwards Director	via FSCF [phone]
First Sentinel Corporate Finance (FSCF)
Investor Relations Rebecca Noonan [e-mail] Media Relations Rebecca Noonan [e-mail] Corporate Broker & Advisor Brian Stockbridge	[phone] [phone] [phone]
Novum Securities
Corporate Broker Colin Rowbury Jon Belliss	[phone]

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Cel AI PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Matthew Lodge
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			27 February 2024
6. Date on which issuer notified (DD/MM/YYYY):			7 March 2024 * delay caused by the new requirement to set up an account on Electronic Submission System prior to this submission
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	2.16	0		2.16	13,000,000
Position of previous notification (if applicable)	15.77

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
GB00BK964W87		13,000,000		0			2.16%		0%
SUBTOTAL 8. A		13,000,000					2.16%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii				X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi

Place of completion	Singapore
Date of completion	7 March 2024

 

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