TIDMCRTA

RNS Number : 9382V

Cirata PLC

07 December 2023

7 December 2023

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 share transfer and a share purchase by persons discharging managerial responsibilities ("PDMR").

On 4 December 2023, Mr Stephen Kelly, Chief Executive Officer, transferred 82,000 Ordinary Shares in Cirata to each of his daughters Hannah, Isabel and Naomi Kelly (an aggregate total of 246,000 Ordinary Shares (the "Share Transfers").

Separately on 4 December 2023, Mr Stephen Kelly, purchased 15,980 Ordinary Shares in Cirata at a price of 63 pence per Ordinary Share (the "Share Purchase").

Following the completion of the Share Purchase, the Share Transfer and once the previously announced Allotment Award[1] share matching transaction has been completed, Mr Stephen Kelly will be the beneficial owner of 1,802,660 Ordinary Shares, representing approximately 1.56% of the Company's "total issued" share capital[2].

The following represents the PDMR's beneficial interest post completion of the Share Purchase, the Share transfers and the "Allotment Award".

 
 Transaction                                           Shares / % 
 Total beneficial interest as of COB 3 December 
  2023                                                 1,182,680 
                                                      ----------- 
 Number of Ordinary Shares acquired pursuant 
  to the Share Purchase on 4 December 2023             15,980 
                                                      ----------- 
 Total beneficial interest post completion 
  of the Share Purchase on 4 December 2023             1,198,660 
                                                      ----------- 
 Less the transfer of Ordinary Shares on 4 
  December 2023, 
  the "Share Transfers"                                246,000 
                                                      ----------- 
 Ordinary Shares acquired pursuant to the Allotment 
  Award                                                850,000 
                                                      ----------- 
 Total beneficial Interest post completion 
  of Share Transfers, Share Purchase & Allotment 
  Award                                                1,802,660 
                                                      ----------- 
 Total beneficial interest as a percentage 
  of the Company's total issued share capital 
  following the Allotment of the Award                 1.56% 
                                                      ----------- 
 

The Notification of Dealing Form for the transfer and purchase of Ordinary Shares is included at the end of this announcement.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

This announcement contains information that qualifies or may qualify as inside information. The person responsible for arranging the release of this announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 
 Cirata plc                                       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 
 Stifel (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 / Miquela Bezuidenhoudt 
 

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                                                             Stephen Kelly 
     ---------------------------------------------------------------  ------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                  Chief Executive Officer 
     ---------------------------------------------------------------  ------------------------------ 
 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      Ordinary Shares 10 p each 
 
       Identification code 
                                                                        ISIN: JE00B6Y3DV84 
     ---------------------------------------------------------------  ------------------------------ 
 b)   Nature of the transaction                                        Purchase of Ordinary Shares 
     ---------------------------------------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                                            Price(s)    Volume(s) 
                                                                         63 pence    15,980 
                                                                                    ---------- 
     ---------------------------------------------------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume                                               15,980 
       - Price 
                                                                         63 pence 
     ---------------------------------------------------------------  ------------------------------ 
 e)   Date of the transaction                                          04 December 2023 
     ---------------------------------------------------------------  ------------------------------ 
 f)   Place of the transaction                                         London Stock Exchange (AIMX) 
     ---------------------------------------------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                          Stephen Kelly 
     ------------------------------------------------------------  ------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Chief Executive Officer 
     ------------------------------------------------------------  ------------------------------------- 
 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   Transfer of Ordinary Shares 10p each 
 
       Identification code 
                                                                     ISIN: JE00B6Y3DV84 
     ------------------------------------------------------------  ------------------------------------- 
 b)   Nature of the transaction                                     Transfer of ordinary shares 
     ------------------------------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                      Nil         82,000 
                                                                      Nil         82,000 
                                                                      Nil         82,000 
                                                                                 ---------- 
     ------------------------------------------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                                            246,000 
       - Price 
                                                                      Nil 
     ------------------------------------------------------------  ------------------------------------- 
 e)   Date of the transaction                                       4 December 2023 
     ------------------------------------------------------------  ------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange (AIMX) 
     ------------------------------------------------------------  ------------------------------------- 
 

[1] As described in our 17 November 2023 regulatory announcement, under the terms of the Allotment Award share matching transaction Mr Kelly will be allocated a total of 850,000 ordinary shares. These shares will be issued by 31 December 2023.

[2] The Company's issued share capital at 1 December 2023 consisted of 114,933,711 ordinary shares of ten pence each with voting rights admitted to trading. The Company holds no ordinary shares in Treasury. Upon completion of the Allotment Share Awards the issued share capital will increase by 850,000 shares leading to a total of 115,783,648 issued share capital.

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