Cerillion : Exercise of Options and Share Transfer

RNS Number : 6529C

Cerillion PLC

20 October 2020

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 on20 October 2020, options over a total of 125,000 shares of 0.5 pence each in the Company ("Ordinary Shares")have been exercised, at0.5 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	Exercise	Total	Total
	of	price	number of	number of
	Options		shares held	shares
	exercised		following	held as %
			exercise	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	25,000	0.5 pence	25,000	0.08%
Bhavnagarwalla
Alistair	25,000	0.5 pence	25,000	0.08%
Carwardine

Total Voting Rights

In order to facilitate this exercise of Options, a total of 125,000shares 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 inCerillion, 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 MrOliver Gilchrist, CFO, transferred 176,000 shares to his wife, Mrs Sarah-Anne Gilchrist, for nil consideration on20 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 inPune, India, where its Global Solutions Centre is located,Miami and Sydney.

Page 1 of 7

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

• Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Nicholls

• Reason for the notification

a)	Position/status	Chief Operating Officer
b)	Initial notification	Initial Notification
	/Amendment

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

a)	Name	Cerillion PLC
b)	LEI	213800ISIZMUC3P46850

• 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	GB00BYYX6C66
	of instrument
	Identification code
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)	Price(s)	Volume(s)
		0.5 pence	25,000
d)	Aggregated information	Not Applicable - Single Transaction

• Aggregated volume
• Price

e)	Date of the transaction	19 October 2020
f)	Place of the transaction	Outside a trading venue

• Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Smith

• Reason for the notification

a)	Position/status	Marketing Director
b)	Initial notification	Initial Notification
	/Amendment

Page 2 of 7

• 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		GB00BYYX6C66
	of instrument
	Identification code
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)		Price(s)		Volume(s)
			0.5 pence		25,000
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume
	- Price
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		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		GB00BYYX6C66
	of instrument
	Identification code
b)	Nature of the transaction		Exercise of options under the Company's senior
			management team Long-Term Incentive Plan

Page 3 of 7

c)	Price(s) and volume(s)		Price(s)		Volume(s)
			0.5 pence		25,000
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume
	- Price
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		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		GB00BYYX6C66
	of instrument
	Identification code
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)		Price(s)		Volume(s)
			0.5 pence		25,000
d)	Aggregated information		Not Applicable - Single Transaction
	- Aggregated volume
	- Price
e)	Date of the transaction		19 October 2020
f)	Place of the transaction		Outside a trading venue

Page 4 of 7