TIDMCRTA
RNS Number : 8948T
Cirata PLC
17 November 2023
[17] November 2023
Cirata plc
("Cirata" or the "Company")
Director/PDMR Shareholdings
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
Cirata plc (LSE: CRTA) provides the following notification of a
transaction by persons discharging managerial responsibilities
("PDMR").
On 17 November 2023, Mr Stephen Kelly, Chief Executive Officer,
purchased 248,600 Ordinary Shares in Cirata at a price of 48 pence
per Ordinary Share. Following this purchase and on completion of
the Allotment Award share matching transaction, Mr Stephen Kelly
will be the beneficial owner of 2,032,600 Ordinary Shares
representing approximately 1.76% of the Company's "when issued"
share capital.
The total beneficial shareholding of 2,032,600 Ordinary Shares
is comprised of open market purchases by Mr Stephen Kelly totalling
1,182,680 Ordinary Shares, plus the company's share Allotment Award
of 850,000 [1] Ordinary Shares, giving a total beneficial ownership
post allotment of 2,032,600 Ordinary Shares.
The following represents the Director dealing
Buying PMDR Ordinary shares Price of Ordinary Total beneficial
purchased Shares acquired, interest post
17 November 2023 purchase
Mr Stephen Kelly,
CEO 248,600 48 pence 1,182,680
---------------- ------------------ -----------------
The following represents the Directors beneficial interest post
the "Allotment Award" Shares
Transaction Shares / %
Shareholding as of COB 16 Nov 23 1,182,680
-----------
Allotment Award Shares 850,000
-----------
Total beneficial Interest post
Allotment Award 2,032,680
-----------
% beneficial Ordinary Share ownership
post Allotment Award 1.76%
-----------
"Allotment Award"/Allotment Award Shares"
As previously disclosed on 3 July "Launch of Fund Fundraise"
under the terms of Mr Stephen Kelly's service agreement, the
Company has agreed (up to a capped limit) that during the 12-month
period from the commencement of service, for every Ordinary Share
purchased by Mr Stephen Kelly in the open market the Company will
issue and allot on a 1-1 basis a match to this purchase. This shall
be limited to a maximum value of 1 times GBP425,000 (based on the
price per Ordinary Share paid) (the "Allotment Award Shares").
The number of shares purchased by Mr Stephen Kelly that are
eligible for a match have exceeded the capped limit of GBP425,000
(The book value of open market purchases to date is approximately
GBP545,000). As a result, under the terms of the Allotment Award,
Mr Stephen Kelly will be issued a further 850,000 Ordinary Shares.
The Allotment Award Shares will be issued by the financial year end
2023. [2]
The Notification of Dealing Form for this transaction is
included at the end of this announcement.
This announcement contains 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.
This announcement contains information that qualifies or may
qualify as inside information. The person responsible for arranging
the release of this announcement on behalf of Cirata plc is Larry
Webster, Company Secretary.
Cirata plc Via FTI Consulting
Stephen Kelly, Chief Executive Officer
Ijoma Maluza, 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 / Richard Short / Tom Marsh
Liberum (Joint Broker) +44 (0)20 3100 2000
Max Jones / Ben Cryer / Miquela Bezuidenhoudt
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
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Stephen Kelly
--------------------------------------------------------------- ------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------------------------------------- ------------------------------
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 Ordinary Shares 10 p each
Identification code
ISIN: JE00B6Y3DV84
--------------------------------------------------------------- ------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
--------------------------------------------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
48 pence 248,600
----------
--------------------------------------------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 248,600
- Price
48 pence
--------------------------------------------------------------- ------------------------------
e) Date of the transaction 17 October 2023
--------------------------------------------------------------- ------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------------------------------------- ------------------------------
[1] The number of shares allocated (850,00) is derived by taking
the agreed value cap of GBP425,000 and dividing by the purchase
price per share (50 pence per share) of Mr Stephen Kelly's open
market trades.
[2] The Company's issued share capital at 1 November 2023
consisted of 114,898,711 ordinary shares of ten pence each with
voting rights admitted to trading. The Company holds no ordinary
shares in Treasury. Upon completion of the Allotment Share Awards
the issued share capital will increase by 850,000 shares leading to
a total of 115,748,711 issued share capital.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBRBDBXUBDGXR
(END) Dow Jones Newswires
November 17, 2023 12:54 ET (17:54 GMT)
Wandisco (LSE:WAND)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Wandisco (LSE:WAND)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
