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Last checked at 
6 Mar 2025 14:00
6 March 2025
PCI-PAL PLC
("PCI Pal", the "Company" or "the Group")
PDMR Issue of Options
PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions, announces that it has granted options ("Options") over ordinary shares of 1 pence each ("Ordinary Shares") to Ryan Murray, Chief Financial Officer of the Company, on 6 March 2025 at an exercise price of 57.0 pence, being the closing price on 5 March 2025, as follows:
Name | Title | Options Granted | Earliest Exercising Date | Total Options Held | |
Ryan Murray | CFO | 350,000 | 6 March 2028 | 350,000 | |
The terms vesting are as follows:
Tranche of Awards | Vesting Criteria |
50% of the grant Options | The Option shall be exercisable over 50% of the Option Shares (rounded down to the nearest whole Share) if the price of the Company's shares, as determined by the previous dealing day's closing price (derived from the London Stock Exchange or as published in the Financial Times) ("Company Share Price") is equal to or greater than 58.0 pence per share during any continuous 30 day period falling after the Date of Grant. |
25% of the grant Options | The Option shall be exercisable over an additional 25% of the Option Shares (rounded down to the nearest whole Share) if the Company Share Price is equal to or greater than 150% of the of the share price on Date of Grant during any continuous 30 day period falling after the Date of Grant. |
25% of the grant Options | The Option shall be exercisable over the remaining 25% of the Option Shares if the Company Share Price is equal to or greater than 200% of the of the share price on Date of Grant during any continuous 30 day period falling after the Date of Grant. |
Subject to the Vesting Criteria above being met, the earliest any of the Options may be exercised is after three years.
Following this announcement, there are a total of 8,921,667 options over Ordinary Shares in issue, representing 12.29% of the current issued share capital of the Company.
For further information, please contact:
PCI-PAL PLC | Via Walbrook PR |
James Barham - Chief Executive Officer Ryan Murray - Chief Financial Officer | |
Cavendish Capital Markets Limited (Nominated Adviser and Broker) | +44 (0) 20 7227 0500 |
Marc Milmo/Fergus Sullivan/Finn Gordon (Corporate Finance) Sunila de Silva/Ondraya Swanson (Corporate Broking)
| |
Walbrook PR | +44 (0) 20 7933 8780 |
Tom Cooper/Joseph Walker | +44 (0) 797 122 1972 |
tom.cooper@walbrookpr.com |
About PCI Pal:
PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that empower companies to take payments from their customers securely, adhere to strict industry governance, and remove their business from the significant risks posed by non-compliance and data loss. Our products secure payments and data in any business communications environment including voice, chat, social, email, and contact centre. We are integrated to, and resold by, some of the worlds' leading business communications vendors, as well as major payment service providers.
The entirety of our product-base is available from our global cloud platform hosted in Amazon Web Services ("AWS"), with regional instances across EMEA, North America, and ANZ.
For more information visit www.pcipal.com or follow the team on Linkedin: https://www.linkedin.com/company/pci-pal/
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: | Ryan Murray | ||||
2. | Reason for the notification | |||||
a) | Position/status: | PDMR - Chief Financial Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | PCI PAL PLC | ||||
b) | LEI: | 213800XTX34IQYMYES95 | ||||
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 1 pence each
ISIN Code: GB0009737155 | ||||
b) | Nature of the transaction: | Grant of Options | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | See 4(c) above
| ||||
e) | Dates of the transactions: | 6 March 2025 | ||||
f) | Place of the transaction: | Off Market Transaction | ||||
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