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On 1 August 2024, Cerillion plc announced that certain employees exercised options over 33,304 Ordinary Shares under its SAYE Scheme. To facilitate this, 21,512 Ordinary Shares were transferred from treasury, resulting in the Company holding no shares in treasury. Cerillion also applied for a block listing of 33,072 Ordinary Shares on AIM, expected for admission on 2 August 2024, bringing the total Ordinary Shares in issue to 29,525,278.
| Date | 1 Aug 2024 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 6645Y |
AIM: CER
Cerillion plc
("Cerillion" or the "Company")
Exercise of Options, Transfer of Treasury Shares and Block Admission
Cerillion plc, the billing, charging and customer relationship management software solutions provider, announces that on 1 August 2024, options over 33,304 shares of 0.5 pence each in the Company ("Ordinary Shares") have been exercised by certain employees ("Options") pursuant to the Company's Save-As-You-Earn Option Plan (the "SAYE Scheme").
Treasury Shares
In order to facilitate this exercise of Options, a total of 21,512 Ordinary Shares have been transferred out of treasury. Following the transfer, the Company holds no shares in Treasury.
Block Admission
The Company has also made application to AIM for the block listing of 33,072 Ordinary Shares. The Ordinary Shares will be used to satisfy the exercise of 11,792 options under the SAYE Scheme that were exercised today and additional future exercises of options under the SAYE Scheme.
These Ordinary Shares, when issued, will rank pari passu in all respects with the existing Ordinary Shares and it is expected that admission will occur on 2 August 2024.
Total voting rights
Following the exercise of options, the total number of Ordinary Shares in issue, for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, is 29,525,278 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.
Enquiries:
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Cerillion plc |
c/o KTZ Communications |
|
Louis Hall, CEO |
T: 020 3178 6378 |
|
Andrew Dickson, CFO |
|
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Panmure Liberum Limited (Nomad and Joint Broker) |
T: 020 3100 2000 |
|
Bidhi Bhoma, Edward Mansfield, Matthew Hogg |
|
|
Singer Capital Markets (Joint Broker) |
T: 020 7496 3000 |
|
Rick Thompson, James Fischer |
|
|
KTZ Communications |
T: 020 3178 6378 |
|
Katie Tzouliadis, Robert Morton |
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About Cerillion
www.cerillion.com
Cerillion is a leading provider of mission critical software for billing, charging and customer relationship management, with a 23-year track record in providing comprehensive revenue and customer management solutions. The Company has around 80 customers across 45 countries, principally serving the telecommunications market.
The Company is headquartered in London and also has operations in India (in Pune, Ahmedabad, and Indore), Bulgaria (in Sofia), Singapore, USA (in Boston) and Australia (in Sydney).