29th Apr 2025 11:44
29 April 2025
Cirata plc
("Cirata" or the "Company")
Grant of Share Options to PDMRs
Cirata plc (LSE: CRTA), announces that on 29 April 2025 it awarded a total of 175,000 options to acquire ordinary shares of 10 pence per share ("Options") under the 2025 Cirata plc Amended and Restated Share Option Plan ("SOP"), and a total of 120,000 options to acquire ordinary shares of 10 pence per share under the FY25 Company Bonus plan ("CBP") to the following person discharging managerial responsibilities ("PDMR").
All new options were granted at an exercise price of 20.46p per share.
PDMR | Scheme | Number of new Options | Total Options Held post new award | % of Issued share capital[1] | Vesting |
Paul Scott-Murphy, CTO |
SOP | 175,000 |
625,000 | 0.50% | 3-year vesting schedule; 1/3 on first anniversary, quarterly vesting thereafter |
Paul Scott-Murphy, CTO |
CBP | 120,000 |
120,000 | 0.09% | Vesting on first trading day following release of audited FY25 results. Subject to performance conditions being met. |
The Company's Remuneration Committee has approved the awards and regards long term incentives as an important part of the remuneration of members of the leadership team to align them with shareholder interests.
For further information, please contact:
Cirata | +1 (925) 380 1728 |
Stephen Kelly, Chief Executive Officer | |
Ricardo Moura, Interim Chief Financial Officer | |
Daniel Hayes, Investor Relations | |
FTI Consulting | +44 (0)20 3727 1137 |
Matt Dixon / Kwaku Aning / Usama Ali | |
Stifel (Nomad and Joint Broker) | +44 (0)20 7710 7600 |
Fred Walsh / Brough Ransom / Ben Good / Sarah Wong | |
Panmure Liberum (Joint Broker) | +44 (0)20 3100 2000 |
Max Jones / John More |
About Cirata
Cirata, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of MAR.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Paul Scott-Murphy | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Technology Officer (PDMR for notification) | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Cirata plc | ||||
b) | LEI | 213800Y1A75RSC698O04 | ||||
4 | 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 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 10p each
ISIN: JE00B6Y3DV84 | ||||
b) | Nature of the transaction | Grant of Share options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 29 April 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
[1] The issued share capital as at 19 February 2025 consisted of 126,340,251 ordinary shares of ten pence each with voting rights admitted to trading. The Company holds no ordinary shares in Treasury.
Related Shares:
Cirata