Share Purchase, Options Exercise, Div Declaration

Cerillion PLC

19 November 2024

 

AIM: CER

Cerillion plc

("Cerillion" or the "Company")

Share purchase for Long-Term Incentive Plan, exercise of options under LTIP, PDMR shareholdings and dividend declaration

Cerillion, the billing, charging and customer relationship management software solutions provider, announces that on 18 November, the Company purchased into treasury 32,500 shares of 0.5 pence each in the Company ("Ordinary Shares") at an average price of 1910 pence per Ordinary Share.

The 32,500 Ordinary Shares were immediately issued from treasury to certain members of senior management (set out below) who have exercised their rights pursuant to the Company's Long-Term Incentive Plan ("LTIP"), details of which were announced on 19 September 2017. These options, that are exercisable at the nominal value of the Ordinary Shares, were subject to the achievement of targets for compound annual growth in the share price of the Company over the original three-year vesting period.

PDMR	Role	LTIPs exercised
Alistair Carwardine	SVP Asia Pacific	5,000
Arif Bhavnagarwalla	Head of Operations, India	5,000
Mark Nicholls	Chief Operating Officer	7,500
Amit McCann	Account Development Director	5,000
Andrew Smith	Marketing Director	5,000
Richard Doughty	Business Development Director	5,000

The information below is set out in accordance with the requirements of the Market Abuse Regulation (EU) 596/2014 (which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended), provides further details of the transaction EU Market Abuse Regulation, provides further detail on the sales.

Treasury Shares

Following the transfer, the Company holds no shares in Treasury.

Total voting rights

Following the exercise of LTIPs, the total number of Ordinary Shares in issue, for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, remains unchanged at 29,535,614 with each share carrying the right to one vote.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Dividend Declaration - timing update

Further to the Company's final results for the year ended 30 September 2024, as announced on 18 November 2024, the Company provides an update on the proposed dividend timetable. The final dividend of 8.0p per share, which is subject to shareholder approval at the Company's Annual General Meeting to be held on 13 February 2025, will be payable on 20 February 2025 to those shareholders on the Company's register as at the close of business on the record date of 17 January. The ex-dividend date is 16 January 2025.

Enquiries:

Cerillion plc	c/o KTZ Communications
Louis Hall, CEO	T: 020 3178 6378
Andrew Dickson, CFO
Panmure Liberum Limited (Nomad and Joint Broker)	T: 020 3100 2000
Bidhi Bhoma, Edward Mansfield, Freddie Wooding
Singer Capital Markets (Joint Broker)	T: 020 7496 3000
Rick Thompson, James Fischer
KTZ Communications	T: 020 3178 6378
Katie Tzouliadis, Robert Morton

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alistair Carwardine Arif Bhavnagarwalla Mark Nicholls Amit McCann Andrew Smith Richard Doughty
2	Reason for the notification
a)	Position/status	SVP Asia Pacific Head of Operations, India Chief Operating Officer Account Development Director Marketing Director 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 into Ordinary Shares under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 5,000 0.5 pence 5,000 0.5 pence 7,500 0.5 pence 5,000 0.5 pence 5,000 0.5 pence 5,000
d)	Aggregated information    - Aggregated volume  - Price	32,500 Ordinary Shares 0.5 pence
e)	Date of the transaction	18 November 2024
f)	Place of the transaction	Outside a trading venue

 

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