Cerillion : Exercise of Options and Director/PDMR Shareholding

RNS Number : 7663E

Cerillion PLC

03 March 2020

3 March 2020

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Exercise of Options and Director/PDMR shareholding

Total Voting Rights

Cerillion, the billing, charging and customer relationship management ("CRM") software solutions provider, announces that on 2 March 2020 options over 135,245 shares of 0.5 pence each in the Company ("Ordinary Shares") have been exercised, at £1.132 ("Options"). 135,245 shares have been issued to certain employees including the following persons discharging managerial responsibilities ("PDMRs") pursuant to the Save-As-You-Earn Option Plan ("the Plan") details of which were announced on 6 January 2017, 8 February 2017 and 27 February 2020.

PDMR	Options	Exercise	Shares held	Total	Total
	granted	price (£)	prior to	number of	number of
	under		exercise	shares held	shares held
	the			following	as % of
	Plan			exercise	issued
					share
					capital
Mark Nicholls	9,540	1.132	9,105	18,645	0.06
Andrew Smith	9,540	1.132	0	9,540	0.03
Mark Dingley	9,540	1.132	0	9,540	0.03
Richard	9,540	1.132	4,672	14,212	0.05
Doughty

In order to facilitate this exercise of Options, a total of 135,245 shares have been transferred out of treasury . Following this exercise of Options, a total of 37,377 Ordinary Shares, representing 0.13 per cent of the Company's total voting rights, 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 29,476,109.

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.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

For further information please contact:
Cerillion plc	c/o KTZ
Louis Hall, CEO	Communications
Oliver Gilchrist, CFO	T: 020 3178 6378
Shore Capital (Nomad and Broker)	T: 020 7408 4090
Toby Gibbs, Mark Percy, Sarah Mather
(Corporate Advisory), Henry Willcocks
(Corporate Broking)
KTZ Communications	T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney

About Cerillion

Cerillion has a 20-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has c. 90 customer installations across c. 40 countries.

Headquartered in London, Cerillion has operations in Pune, India, where its Global Solutions Centre is located, as well as in Sydney and Miami.

The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

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

• Reason for the notification

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a)	Position/status		Chief Operating Officer
b)	Initial notification		Initial Notification
	/Amendment
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		Ordinary shares of GBP 0.005 each
	financial instrument,
	type of instrument		GB00BYYX6C66
	Identification code
b)	Nature of the transaction		Exercise of options under the Save-As-You-
			Earn Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.132	9,540
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume		9,540
	- Price		£1.132
e)	Date of the transaction		2 March 20020
f)	Place of the transaction		London Stock Exchange, AIM Market (XLON)
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		Initial Notification
	/Amendment
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		Ordinary shares of GBP 0.005 each
	financial instrument,

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	type of instrument		GB00BYYX6C66
	Identification code
b)	Nature of the transaction		Exercise of options under the Save-As-You-
			Earn Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.132	9,540
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume		9,540
	- Price		£1.132
e)	Date of the transaction		2 March 20020
f)	Place of the transaction		London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities /
	person closely associated
a)	Name		Mark Dingley
2	Reason for the notification
a)	Position/status		Financial Controller
b)	Initial notification		Initial Notification
	/Amendment
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		Ordinary shares of GBP 0.005 each
	financial instrument,
	type of instrument		GB00BYYX6C66
	Identification code
b)	Nature of the transaction		Exercise of options under the Save-As-You-
			Earn Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.132	9,540
d)	Aggregated information		Not Applicable - Single Transaction

Page 3 of 5

	- Aggregated volume	9,540
	- Price	£1.132
e)	Date of the transaction		2 March 20020
f)	Place of the transaction		London Stock Exchange, AIM Market (XLON)
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		Initial Notification
	/Amendment
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		Ordinary shares of GBP 0.005 each
	financial instrument,
	type of instrument		GB00BYYX6C66
	Identification code
b)	Nature of the transaction		Exercise of options under the Save-As-You-
			Earn Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.132	9,540
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume	9,540
	- Price	£1.132
e)	Date of the transaction		2 March 20020
f)	Place of the transaction		London Stock Exchange, AIM Market (XLON)

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