Cerillion PLC Employee Share Option Scheme (3099C)
June 18 2021 - 1:00AM
UK Regulatory
TIDMCER
RNS Number : 3099C
Cerillion PLC
18 June 2021
AIM: CER
Cerillion plc
("Cerillion" or "the Company" or "the Group")
Employee Share Option Scheme
Cerillion, the billing, charging and customer relationship
management ("CRM") software solutions provider, announces a further
award of options under an HMRC approved Cerillion plc
Save-As-You-Earn Option Plan (the "Plan"). Under the Plan,
employees contribute a monthly amount that will be saved over three
years to enable the exercise of options over ordinary shares of 0.5
pence each in the Company ("Ordinary Shares"). The options will be
available for exercise from 1 August 2024 with an exercise price of
GBP5.92 being a 20% discount to the closing market price the last
trading date before the further award under the Plan.
In total, up to 71,000 options over Ordinary Shares could be
awarded under the Plan, which would represent approximately 0.2%
per cent of the current issued share capital of the Company. When
added to the options issued in the SAYE plan announced on 14
February 2019 , this would represent approximately 0.7% of the
issued share capital.
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
Cerillion is a leading provider of mission critical software for
billing, charging and customer relationship management, with a
21-year track record in providing comprehensive revenue and
customer management solutions. The Company has 90 customers across
44 countries, principally serving the telecommunications
market.
The Company is headquartered in London and also has operations
in Pune, Miami and Sydney.
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