- Title:
Exercise of Options and Share Transfer - Time:
11:17:32 - Date:
20 Oct 2020 - Category:
Director/PDMR dealings - ID:
6529C
20 October 2020
AIM: CER
Cerillion plc
("Cerillion" or "the Company")
Exercise of Options, Director/PDMR shareholdings
and
Total Voting Rights
Cerillion, the billing, charging and customer relationship management software solutions provider, announces that on 20 October 2020, options over a total of 125,000 shares of 0.5 pence each in the Company ("Ordinary Shares") have been exercised, at 0.5 pence each ("Options"). The Options have been exercised by the following persons discharging managerial responsibilities ("PDMRs") pursuant to the Company's senior management team Long-Term Incentive Plan ("LTIP"), details of which were announced on 19 September 2017.
| PDMR |
Number of Options exercised |
Exercise price |
Total number of shares held following exercise |
Total number of shares held as % of issued share capital |
| Mark Nicholls |
25,000 |
0.5 pence |
43,645 |
0.15% |
| Andrew Smith |
25,000 |
0.5 pence |
34,540 |
0.12% |
| Richard Doughty |
25,000 |
0.5 pence |
39,212 |
0.13% |
| Arif Bhavnagarwalla |
25,000 |
0.5 pence |
25,000 |
0.08% |
| Alistair Carwardine |
25,000 |
0.5 pence |
25,000 |
0.08% |
Total Voting Rights
In order to facilitate this exercise of Options, a total of 125,000 shares have been transferred out of treasury. Following this exercise of Options, a total of 12 Ordinary Shares are now held in treasury and the total issued share capital has remained unchanged at 29,513,486 Ordinary Shares. Each Ordinary Share carries voting rights on the basis of one vote per Ordinary Share. Therefore, the total number of voting rights is 29,513,474.
The above figure may be used by shareholders as the denominator for calculations to determine if they have a notifiable interest in Cerillion, under the Disclosure and Transparency Rules, or if such interest has changed.
Share Transfer
In addition to the exercise of Options, the Company was notified that Mr Oliver Gilchrist, CFO, transferred 176,000 shares to his wife, Mrs Sarah-Anne Gilchrist, for nil consideration on 20 October 2020 (the "Transfer"). Following the Transfer, Mr Oliver Gilchrist, together with his spouse, remains interested in a total of 352,895 Ordinary Shares, representing 1.2% of the Company's issued share capital.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on exercise of Options and Transfer.
For further information please contact:
| Cerillion plc |
c/o KTZ Communications |
| Louis Hall, CEO |
T: 020 3178 6378 |
| Oliver Gilchrist, CFO |
|
| |
|
| Liberum (Nomad and Broker) |
T: 020 3100 2000 |
| Bidhi Bhoma, Euan Brown, William Hall |
|
| |
|
| KTZ Communications |
T: 020 3178 6378 |
| Katie Tzouliadis, Dan Mahoney |
|
About Cerillion
www.cerillion.com
Cerillion is a leading provider of mission critical software for billing, charging and customer relationship management ("CRM"), mainly serving the telecommunications market but also other sectors such as utilities and financial services. The Company currently has over 90 customer installations across over 40 countries.
Headquartered in London, Cerillion also has operations in Pune, India, where its Global Solutions Centre is located, Miami and Sydney.
Notification of transactions of 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 |
Chief Operating Officer |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Exercise of options under the Company's senior management team Long-Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
19 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Andrew Smith |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
Marketing Director |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Exercise of options under the Company's senior management team Long-Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
19 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Richard Doughty |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
Business Development Director |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Exercise of options under the Company's senior management team Long-Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
19 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Arif Bhavnagarwalla |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
Support Director & Head of India Operations |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Exercise of options under the Company's senior management team Long-Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
19 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Alistair Carwardine |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
Senior Vice President Asia Pacific |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Exercise of options under the Company's senior management team Long-Term Incentive Plan |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
19 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Oliver Gilchrist |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
CFO |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Transfer for nil consideration |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
20 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
| 1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
| a)
|
Name |
Sarah-Anne Gilchrist |
||||
| 2
|
Reason for the notification
|
|||||
| a)
|
Position/status |
PCA of Oliver Gilchrist, CFO |
||||
| 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 GBP 0.005 each GB00BYYX6C66 |
||||
| b)
|
Nature of the transaction
|
Receipt of transfer for nil consideration |
||||
| c)
|
Price(s) and volume(s)
|
|
||||
| d)
|
Aggregated information - Aggregated volume - Price |
Not Applicable - Single Transaction
|
||||
| e)
|
Date of the transaction |
20 October 2020 |
||||
| f)
|
Place of the transaction
|
Outside a trading venue |
||||
Exercise of Options and Share Transfer11:17:3220 Oct 2020Director/PDMR dealings6529C