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Share Purchase

17 Mar 2025 07:00

RNS Number : 8234A
Cerillion PLC
17 March 2025
 

AIM: CER

Cerillion plc

("Cerillion" or the "Company")

Share Purchase

Cerillion plc, the billing, charging and customer relationship management software solutions provider, announces that on 14 March 2025, it purchased 17,500 shares of 0.5 pence each in the Company ("Ordinary Shares") at an average price of £13.21 per share. The shares will be held in treasury in order to satisfy the future exercise of options under the Company's Long Term Incentive Plan for senior managers (the "LTIP") and the Company's Save As You Earn scheme.

Following this purchase, a total of 50,584 Ordinary Shares, representing 0.2 per cent of the voting rights attributable to the total Ordinary Shares in issue prior to the purchase, are held in treasury.

Total voting rights

Following the share purchase and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares with a right to vote is 29,495,974, being the 29,546,558 Ordinary Shares in issue less the 50,584 Ordinary Shares held in treasury.

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.

 

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

 

About Cerillion

www.cerillion.com

Cerillion has a 25-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. 80 customer installations across c. 45 countries.

Headquartered in London, Cerillion also has operations in India and Bulgaria as well as a sales presence in the USA, Singapore and Australia.

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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