Exercise of Share Options, Director Dealing & TVR
Directors exercised share options and sold shares; company repurchased 70,000 shares into treasury.
- Share options exercised by Bill Bruno 153,721 shares
- Share options exercised by Ash Mehta 73,883 shares
- Shares repurchased into treasury 70,000 shares
- Repurchase price 275p per share
- Total voting rights 39,745,569
Select text to share a quote on X · sign in to keep highlights & notes in your CLBS notes
Celebrus Technologies plc (AIM: CLBS, "the Group", "Celebrus"), the AIM-listed data solutions provider, announces the transfer from treasury of 377,325 ordinary shares of 2p each ("Ordinary Shares") pursuant to the exercise of employee share options ("Share Options") and the subsequent acquisition by the Company of 70,000 of such Ordinary Shares back into Treasury at a price of 275 pence per share on 28 October 2024.
Director Dealing
Bill Bruno and Ash Mehta have participated in the above exercise of Share Options, exercising 153,721 and 73,883 Share Options, respectively held under the terms of the Celebrus Technologies plc Long-Term Investment Plan. Following the exercises they have both sold sufficient Ordinary Shares to cover their tax liabilities, being 67,040 and 34,383 Ordinary Shares respectively. Following the above transactions Bill Bruno holds 153,681 Ordinary Shares, representing 0.39 per cent. of the Company's total voting rights, and Ash Mehta holds 120,070 Ordinary Shares, representing 0.30 per cent. of the Company's total voting rights. The option exercise price was £0.02 per share with shares sold at 275p per share. Further details are set out below.
Total Voting Rights
Following the above transaction the Company advises that its issued share capital stands at 40,431,453 Ordinary Shares, with 685,884 Ordinary Shares held in treasury. Consequently, the total voting rights of the Company is 39,745,569.
The above voting rights figure of 39,745,569 may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
| Enquiries Celebrus Technologies plc Bill Bruno, Chief Executive Officer Ash Mehta, Chief Financial Officer | +44 (0) 1932 893333 investors@celebrus.com | |
| Cavendish (Nominated Adviser & Joint Broker) Julian Blunt / Edward Whiley, Corporate Finance Tim Redfern, Corporate Broking | +44 (0) 20 7220 0500 | |
| Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts | +44 (0) 20 7523 8000 | |
| a) | Name | 1. Bill Bruno 2. Ash Mehta |
| 2 | Reason for the notification | |
| a) | Position/status | 1. Chief Executive Officer 2. Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Celebrus Technologies plc |
| b) | LEI | 213800HP3XUS3KTGWT63 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 2 pence each ISIN: GB0001351955 |
| b) | Nature of the transaction | Exercise of Share Options and Sale of Ordinary Shares |
| c) | Price(s) and volume(s) | Exercise of Share Options: 1. Bill Bruno: 153,721 Ordinary Shares at £0.02 each 2. Ash Mehta: 73,883 Ordinary Shares at £0.02 each Sale of Ordinary Share: 1. Bill Bruno: 67,040 Ordinary Shares at 275 pence each 2. Ash Mehta: 34,383 Ordinary Shares at 275 pence each |
| d) | Aggregated information - Aggregated volume - Price | Aggregate Option Exercise Volume: 227,604 Average Option Exercise Price: £0.02 Aggregate Sales Volume: 101,423 Average Sales Price: 275p |
| e) | Date of the transaction | Option exercise: 28/10/2024 Share sale: 28/10/2024 |
| f) | Place of the transaction | Option exercise: outside a trading venue Share Sale: London Stock Exchange, AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.