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RNS Number : 6645Y Cerillion PLC 01 August 2024
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:
Cerillion plc c/o KTZ Communications
Louis Hall, CEO T: 020 3178 6378
Andrew Dickson, CFO
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
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).
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