Issue of Options

RNS Number : 6149D

PCI-PAL PLC

04 March 2022

4 March 2022

PCI-PAL PLC

("PCI Pal", "the Company" or "the Group")

Director/PDMR Issue of Options

PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, today announces that it has granted options ("Options") over ordinary shares of 1 pence each ("Ordinary Shares") to persons discharging managerial responsibilities ("PDMR") and Directors on 2 March 2022 at an exercise price of 57.50p, being the closing price on 1 March 2022, as follows:

Name	Title	Options Granted	Earliest Vesting Date	Total Options Held
James Barham	CEO	200,000	1 July 2024	975,000
William Good	CFO	150,000	1 July 2024	650,000
Sadie Sangster	PDMR	75,000	1 July 2024	375,000
Jane Goodayle	PDMR	20,000	1 July 2024	205,000
Mufti Monim	PDMR	50,000	1 July 2024	300,000
Darren Gill	PDMR	100,000	1 July 2022	350,000

The performance and vesting conditions for James Barham and William Good are:

% of Options grant vesting	Vesting conditions following earliest vesting date of 1 July 2024
25%	Company share price reaching ≥ 130 pence per share
25%	Company share price reaching ≥ 175 pence per share
50%	Company share price reaching ≥ 225 pence per share for a continuous 30 day period

The PDMR options are subject to individual performance and vesting conditions.

In addition, a further 935,000 share options are being issued to employees of the Group at an exercise price of 57.50 pence.

Following this announcement, there is a total of 8,146,667 options over Ordinary Shares, representing 12.46% 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 William Good - Chief Financial Officer
finnCap (Nominated Adviser and Broker)	+44 (0) 20 7227 0500
Marc Milmo/Simon Hicks (Corporate Finance) Richard Chambers (Corporate Broking)
Walbrook PR	+44 (0) 20 7933 8780
Tom Cooper/Paul Vann	+44 (0) 797 122 1972
	[email protected]

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/

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

James Barham

2.

Reason for the notification

Position/status:

Chief Executive Officer

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	200,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

William Good

2.

Reason for the notification

Position/status:

Chief Financial Officer

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	150,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

Sadie Sangster

2.

Reason for the notification

Position/status:

PDMR

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	75,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

Jane Goodayle

2.

Reason for the notification

Position/status:

PDMR

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	20,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

Mufti Monim

2.

Reason for the notification

Position/status:

PDMR

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	50,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

Darren Gill

2.

Reason for the notification

Position/status:

PDMR

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Issue of Options

Price(s) and volume(s):

Price(s)	Volume(s)
57.50 pence	100,000

Aggregated information:

· Aggregated volume:

· Price:

Dates of the transactions:

2 March 2022

Place of the transaction:

London

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END

IOEMZGGFZFFGZZZ

TIDM	PCIP
Share Price	64.00p-2.40%

Date	4 Mar 2022
Time	07:00:10
Category	Capital structure
ID	6149D

TIDM	PCIP
Share Price	64.00p-2.40%

Date	4 Mar 2022
Time	07:00:10
Category	Capital structure
ID	6149D

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Issue of Options

PCI-PAL PLC

Director/PDMR Issue of Options

For further information, please contact:

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