Grant of Options and PDMR Shareholding

RNS Number : 9612K
Cerillion PLC
28 December 2022


Cerillion plc

("Cerillion" or "Company" or "Group")

Grant of Options under SAYE Scheme & PDMR Shareholding

Cerillion plc, the billing, charging and customer relationship management software solutions provider, announces an award of options under the 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 February 2026 with an exercise price of £9.28 being a 20% discount to the closing market price the last trading date before the award under the Plan. Mr Mark Nicholls, Chief Operating Officer, has been granted 775 options under the Plan.

In total, up to 27,766 options over Ordinary Shares could be awarded under the Plan, which would represent approximately 0.1% per cent of the current issued share capital of the Company.

 For further information please contact:

Cerillion plc

c/o KTZ Communications

Louis Hall, CEO

T: 020 3178 6378

Andrew Dickson, CFO


Liberum (Nomad and Broker)

T: 020 3100 2000

Bidhi Bhoma, Cameron Duncan, William Hall


Singer Capital Markets (Joint Broker)

Rick Thompson, George Tzimas, James Fischer

T: 020 7496 3000


KTZ Communications

T: 020 3178 6378

Katie Tzouliadis, Dan Mahoney


About Cerillion

Cerillion has a 23-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. 80 customer installations across c. 45 countries.

Headquartered in London, Cerillion has operations in Pune, India, where its Global Solutions Centre is located, as well as operations in Bulgaria, Belgium, Singapore and Australia.

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 and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.


Details of the person discharging managerial responsibilities / person closely associated



Mark Nicholls


Reason for the notification





Initial notification /Amendment  

Initial Notification


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



Cerillion PLC





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    



Description of the financial instrument, type of instrument

Identification code

 Ordinary shares of 0.5 pence each




Nature of the transaction

Grant of options 


Price(s) and volume(s)








Aggregated information

  - Aggregated volume

 - Price

Not Applicable - Single Transaction


Date of the transaction  

 27 December 2022


Place of the transaction

Off Market



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Cerillion (CER)
UK 100

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