1
November 2024
Cirata plc
("Cirata" or the
"Company")
Grant of Share Options to
PDMRs
Cirata plc (LSE: CRTA),
announces that on 31 October 2024 it awarded a total of
275,000 options to acquire ordinary shares of 10
pence per share ("Options") to the following persons
discharging managerial responsibilities ("PDMR") under the 2023
Cirata plc Amended and Restated Share Option Plan, as
follows:
All new options were granted at an
exercise price of 30 pence per share.
|
PDMR
|
Number of new
Options
|
Total Options Held post new
award
|
% of Issued share
capital[1]
|
Vesting
|
|
Paul Scott-Murphy, CTO
|
75,000
|
455,000
|
0.36%
|
3-year vesting schedule; 1/3 on first
anniversary, quarterly vesting thereafter
|
|
Ricardo Moura, Interim CFO
|
50,000
|
50,000
|
0.04%
|
1-year vesting schedule; all options
vest on first anniversary
|
|
Hayley Fisher, VP People
|
50,000
|
200,000
|
0.16%
|
3-year vesting schedule; 1/3 on first
anniversary, quarterly vesting thereafter
|
|
Brian Kilpatrick, Engineering
Director
|
50,000
|
68,330
|
0.05%
|
3-year vesting schedule; 1/3 on first
anniversary, quarterly vesting thereafter
|
|
Chris Cochran, CRO
Americas
|
50,000
|
220,856
|
0.18%
|
3-year vesting schedule; 1/3 on first
anniversary, quarterly vesting thereafter
|
The Company's Remuneration Committee
has approved the awards and regards long term incentives as an
important part of the remuneration of members of the leadership
team to align them with shareholder interests.
[1] The
issued share capital as at 31 October 2024 consisted of 125,936,463 ordinary shares
of ten pence each with voting rights admitted to trading. The
Company holds no ordinary shares in Treasury.
This
announcement contains information that qualifies or may qualify as
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and
is disclosed in accordance with the company's obligations under
Article 17 of MAR.
The
person responsible for arranging the release of this announcement
on behalf of Cirata plc is Larry Webster, Company
Secretary.
For
further information, please contact:
|
Cirata
|
+1
(925) 380 1728
|
|
Stephen Kelly, Chief Executive
Officer
|
|
|
Ricardo Moura, Interim Chief
Financial Officer
|
|
|
Daniel Hayes, Investor
Relations
|
|
|
|
|
|
FTI
Consulting
|
+44
(0)20 3727 1137
|
|
Matt Dixon / Kwaku Aning / Usama
Ali
|
|
|
|
|
|
Stifel (Nomad and Joint
Broker)
|
+44
(0)20 7710 7600
|
|
Fred Walsh / Ben Good / Sarah
Wong
|
|
|
|
|
|
Panmure Liberum (Joint
Broker)
|
+44
(0)20 3100 2000
|
|
Max Jones / John More
|
|
About Cirata
Cirata, accelerates data-driven
revenue growth by automating data transfer and integration to
modern cloud analytics and AI platforms without downtime or
disruption. With Cirata, data leaders can leverage the power of AI
and analytics across their entire enterprise data estate to freely
choose analytics technologies, avoid vendor, platform, or cloud
lock-in while making AI and analytics faster, cheaper, and more
flexible. Cirata's portfolio of products and technology solutions
make strategic adoption of modern data analytics efficient and
automated. For more information about Cirata,
visit www.cirata.com
The relevant notifications set out
below are provided in accordance with the requirements of Article
19 of MAR.
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Paul Scott-Murphy
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Technology Officer (PDMR for
notification)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Cirata plc
|
|
b)
|
LEI
|
213800Y1A75RSC698O04
|
|
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 10p each
ISIN: JE00B6Y3DV84
|
|
b)
|
Nature of the transaction
|
Grant of Share options - vesting
over 3 years
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
30 pence
|
75,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
31
October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Ricardo Moura
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Interim CFO (PDMR for
notification)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Cirata plc
|
|
b)
|
LEI
|
213800Y1A75RSC698O04
|
|
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 10p each
ISIN: JE00B6Y3DV84
|
|
b)
|
Nature of the transaction
|
Grant of Share options - vesting
over 1 year
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
30 pence
|
50,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
31 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Hayley Fisher
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
VP People (PDMR for
notification)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Cirata plc
|
|
b)
|
LEI
|
213800Y1A75RSC698O04
|
|
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 10p each
ISIN: JE00B6Y3DV84
|
|
b)
|
Nature of the transaction
|
Grant of Share options - vesting
over 3 years
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
30 pence
|
50,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
31 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Brian Kilpatrick
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Engineering Director (PDMR for
notification)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Cirata plc
|
|
b)
|
LEI
|
213800Y1A75RSC698O04
|
|
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 10p each
ISIN: JE00B6Y3DV84
|
|
b)
|
Nature of the transaction
|
Grant of Share options - vesting
over 3 years
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
30 pence
|
50,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
31 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Chris Cochran
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Revenue Officer Americas (PDMR
for notification)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Cirata plc
|
|
b)
|
LEI
|
213800Y1A75RSC698O04
|
|
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 10p each
ISIN: JE00B6Y3DV84
|
|
b)
|
Nature of the transaction
|
Grant of Share options - vesting
over 3 years
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
30 pence
|
50,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
31 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|