Re: Share Options,Treasury Shares,Block Admission
Employees exercised 33,304 SAYE options; company transferred treasury shares and applied for block admission of 33,072 shares.
- SAYE options exercised 33,304 shares
- Treasury shares transferred 21,512 shares
- Shares for block admission 33,072 shares
- Total voting rights in issue 29,525,278 shares
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Cerillion plc, the billing, charging and customer relationship management software solutions provider, announces that on 1 August 2024, options over 33,304 shares of 0.5 pence each in the Company ("Ordinary Shares") have been exercised by certain employees ("Options") pursuant to the Company's Save-As-You-Earn Option Plan (the "SAYE Scheme").
Treasury Shares
In order to facilitate this exercise of Options, a total of 21,512 Ordinary Shares have been transferred out of treasury. Following the transfer, the Company holds no shares in Treasury.
Block Admission
The Company has also made application to AIM for the block listing of 33,072 Ordinary Shares. The Ordinary Shares will be used to satisfy the exercise of 11,792 options under the SAYE Scheme that were exercised today and additional future exercises of options under the SAYE Scheme.
These Ordinary Shares, when issued, will rank pari passu in all respects with the existing Ordinary Shares and it is expected that admission will occur on 2 August 2024.
Total voting rights
Following the exercise of options, the total number of Ordinary Shares in issue, for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, is 29,525,278 with each share carrying the right to one vote.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.