28 Dec 2022 07:00
AIM: CER
Cerillion plc
("Cerillion" or "Company" or "Group")
Grant of Options under SAYE Scheme & PDMR Shareholding
Cerillion plc, the billing, charging and customer relationship management software solutions provider, announces an award of options under the Cerillion plc Save-As-You-Earn Option Plan (the "Plan"). Under the Plan, employees contribute a monthly amount that will be saved over three years to enable the exercise of options over ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"). The options will be available for exercise from 1 February 2026 with an exercise price of £9.28 being a 20% discount to the closing market price the last trading date before the award under the Plan. Mr Mark Nicholls, Chief Operating Officer, has been granted 775 options under the Plan.
In total, up to 27,766 options over Ordinary Shares could be awarded under the Plan, which would represent approximately 0.1% per cent of the current issued share capital of the Company.
For further information please contact:
Cerillion plc | c/o KTZ Communications |
Louis Hall, CEO | T: 020 3178 6378 |
Andrew Dickson, CFO | |
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Liberum (Nomad and Broker) | T: 020 3100 2000 |
Bidhi Bhoma, Cameron Duncan, William Hall | |
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Singer Capital Markets (Joint Broker) | |
Rick Thompson, George Tzimas, James Fischer | T: 020 7496 3000 |
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KTZ Communications | T: 020 3178 6378 |
Katie Tzouliadis, Dan Mahoney |
About Cerillion
Cerillion has a 23-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 has operations in Pune, India, where its Global Solutions Centre is located, as well as operations in Bulgaria, Belgium, 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.
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 | Mark Nicholls | ||||
2 | Reason for the notification | |||||
a) | Position/status | COO | ||||
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 0.5 pence each
GB00BYYX6C66 | ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s)
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| ||||
d)
| Aggregated information - Aggregated volume - Price | Not Applicable - Single Transaction | ||||
e) | Date of the transaction | 27 December 2022 | ||||
f) | Place of the transaction | Off Market | ||||
Cerillion (CER)