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On 20 January 2025, Cirata plc issued 5,000 ordinary shares at 10 pence each to its Chief Technology Officer, Mr. Paul Scott-Murphy, related to 5,000 Restricted Stock Units (RSUs) that vested on 1 January 2024 from a 13 July 2022 grant of 15,000 RSUs. Following this share issuance, Mr. Scott-Murphy's beneficial ownership is 22,907 ordinary shares, representing 0.018% of the Company's total voting rights of 126,312,813.
| Date | 20 Jan 2025 |
| Time | 18:29:12 |
| Category | Director/PDMR dealings |
| ID | 0285U |
20 January 2025
Cirata plc
("Cirata" or the "Company")
Vesting of Restricted Stock Units, PDMR Dealing & Total Voting Rights
Cirata plc (LSE: CRTA) provides the following notification of a transaction by persons discharging managerial responsibilities ("PDMR") relating to the purchase of shares related to previously vested Restricted Stock Units ("RSUs") under the 2013 Cirata plc US Equity Incentive Plan ("the Plan").
On 13 July 2022, Mr. Paul Scott-Murphy (Chief Technology Officer of Cirata) ("Mr Scott-Murphy") was granted 15,000 RSUs under the terms of the Plan ("Plan Award"), 5,000 of which vested on 1 January 2024.
Due to an administrative oversight, there was a delay in issuance of the shares following the vesting of the RSUs. The shares were therefore issued under the Company's existing block listing on 20 January 2025 (the "Share Issuance").
Following the Share Issuance, Mr. Scott-Murphy will be the beneficial owner of 22,907 ordinary shares, representing 0.018% of the total issued share capital of the Company.
The total number of Ordinary Shares in issue following Admission will be 126,312,813. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 126,312,813. This number may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
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Cirata |
Via FTI Consulting |
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Stephen Kelly, Chief Executive Officer |
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Ricardo Moura, Chief Financial Officer |
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Daniel Hayes, Investor Relations |
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FTI Consulting |
+44 (0)20 3727 1137 |
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Matt Dixon / Kwaku Aning / Usama Ali |
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Stifel (Nomad and Joint Broker) |
+44 (0)20 7710 7600 |
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Fred Walsh / Ben Good / Sarah Wong |
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Panmure Liberum (Joint Broker) |
+44 (0)20 3100 2000 |
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Max Jones / John More |
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About Cirata
Cirata, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name
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Paul Scott-Murphy |
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2
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Reason for the notification |
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a)
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Position/status
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Chief Technology Officer (PDMR for notification) |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a)
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Name
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Cirata plc |
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b) |
LEI |
213800Y1A75RSC698O04
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares 10 p each
ISIN: JE00B6Y3DV84 |
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b)
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Nature of the transaction
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Issuance of Ordinary Shares in relation to the 2013 Cirata plc US Equity Incentive Plan
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
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N/A |
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e)
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Date of the transaction |
20 January 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON)
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