15
February 2024
Cirata plc
("Cirata" or the
"Company")
Director/PDMR
Shareholdings
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities
Cirata plc (LSE: CRTA) provides the
following notification of a transaction by persons discharging
managerial responsibilities ("PDMR") relating to the vesting of
shares under the 2013 Cirata plc US Equity Incentive Plan ("the
Plan").
On 3 October 2022 Mr. Peter Lees
(non-executive director) ("Mr Lees") was granted 24,560 Restricted
Stock Units under the terms of the Plan ("Plan Award") all of which
vested on 4 October 2023, as disclosed in the announcement of 4
October 2022.
On 8 December 2023, Mr. Lees sold
15,300 ordinary shares (the "Disposal") at a price of 62.25 pence
per ordinary share, in part to cover the tax and national insurance
liability which arose upon the vesting of the Plan
Award.
Due to an administrative oversight,
there was a delay to the notification of the Disposal. Following
the Disposal, Mr Lees will be the beneficial owner of 69,260
ordinary shares, representing 0.06% of the total issued share
capital of the Company.
The Disposal details are shown
below:
Name
of Director
|
Total Number of ordinary shares held
|
Number of ordinary shares sold on 8 December
23
|
Disposal Price per ordinary share
|
No.
Of ordinary shares remaining
|
Peter
Lees
|
84,560
|
15,300
|
62.25
pence
|
69,260
|
For
further information, please contact:
Cirata
|
Via
FTI Consulting
|
Stephen Kelly, Chief Executive
Officer
|
|
Ijoma Maluza, Chief Financial
Officer
|
|
Daniel Hayes, Investor
Relations
|
|
|
|
FTI
Consulting
|
+44
(0)20 3727 1137
|
Matt Dixon /Kwaku Aning / Usama
Ali
|
|
|
|
Stijfel (Nomad and Joint
Broker)
|
+44
(0)20 7710 7600
|
Fred Walsh / Richard Short / Tom
Marsh
|
|
|
|
Liberum (Joint
Broker)
|
+44
(0)20 3100 2000
|
Max Jones / Ben Cryer / Nikhil
Varghese
|
|
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
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
a)
|
Name
|
Peter Lees
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Non-Executive Director (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 10 p each
ISIN: JE00B6Y3DV84
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares in relation
to the 2013 Cirata plc US Equity Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
62.25 pence
|
15,300
|
|
d)
|
Aggregated information
|
N/A
|
e)
|
Date of the transaction
|
8 December 2023
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|