Grant of Awards under Long Term Incentive Plan
Celebrus Technologies plc announced on July 28, 2026, that key employees, including the CEO and CFO, were granted options for an aggregate of 689,057 ordinary shares at an exercise price of £0.02 each under the Long Term Incentive Plan. These awards vest over three years, contingent on achieving specific performance conditions related to Total Shareholder Return and Annual Recurring Revenue growth, with minimum vesting requiring median TSR performance and 15% ARR compound growth, and full vesting at top-quartile TSR and 25% ARR compound growth.
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 that on 28 July 2026, key employees were granted options over, in aggregate, 689,057 ordinary shares of two pence each in the Company ("Ordinary Shares").
The awards were made as set out below under the terms of the Celebrus Long Term Incentive Plan ("LTIP") and included the PDMRs listed below.
| PDMR | Number of Options |
|---|---|
| Bill Bruno | 277,719 |
| Ash Mehta | 169,839 |
Vesting of awards to PDMRs is subject to the satisfaction over the three-year period, beginning 1 April 2026 of specified performance conditions, based on the Company's relative Total Shareholder Return (TSR) in respect of half of the award, and growth in Annual Recurring Revenue (ARR) in respect of the other half. Vesting criteria have been set as follows:
- TSR of no less than median performance against the selected benchmark for minimum vesting, with a sliding scale above this level, up to full vesting for top-quartile performance.
- 15% annual compound growth in Celebrus ARR** to achieve minimum award vesting, with a sliding scale above this level, up to full vesting at 25% compound growth. The awards will benefit from dividend equivalents in accordance with the LTIP Rules.
The awards are subject to an exercise price of £0.02 per share.
** "Celebrus ARR" comprises ARR from Celebrus software licenses and associated managed services.
| 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 / Elysia Bough, Corporate Finance Harriet Ward, Corporate Broking | +44 (0) 20 7220 0500 | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Bill Bruno |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive 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 | Options over Ordinary Shares of 2 pence each ISIN: GB0001351955 |
| b) | Nature of the transaction | Grant of options under the terms of the Celebrus Long Term Incentive Plan ("LTIP") at an exercise price of £0.02 per share (176,929 shares). |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 277,719 |
| d) | Aggregated information - Aggregated volume - Price | n/a (single transaction) |
| e) | Date of the transaction | 28 July 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Ash Mehta |
| 2 | Reason for the notification | |
| a) | Position/status | 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 | Options over Ordinary Shares of 2 pence each ISIN: GB0001351955 |
| b) | Nature of the transaction | Grant of options under the terms of the Celebrus Long Term Incentive Plan ("LTIP") at an exercise price of £0.02 per share (109,688 shares). |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 169,839 |
| d) | Aggregated information - Aggregated volume - Price | n/a (single transaction) |
| e) | Date of the transaction | 28 July 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.