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CER Cerillion Plc

1,545.00
20.00 (1.31%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cerillion Plc LSE:CER London Ordinary Share GB00BYYX6C66 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  20.00 1.31% 1,545.00 1,530.00 1,560.00 1,550.00 1,525.00 1,525.00 30,880 14:09:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 39.17M 12.93M 0.4391 35.19 454.95M

Cerillion PLC Completion of Director Placing (3627G)

26/05/2017 10:13am

UK Regulatory


Cerillion (LSE:CER)
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TIDMCER

RNS Number : 3627G

Cerillion PLC

26 May 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL ("RESTRICTED JURISDICTIONS").

PLEASE SEE THE IMPORTANT NOTICE AT THE OF THIS ANNOUNCEMENT

This announcement contains inside information within the meaning of the EU Market Abuse Regulation 596/2014.

26 May 2017

Cerillion plc

("Cerillion" or "the Company" or "the Group")

Completion of Director Placing

Cerillion, the billing, charging and customer relationship management ("CRM") software solutions provider, announces that, further to the announcement of 25 May 2017 regarding a proposed placing of ordinary shares by Louis Hall, Guy O'Connor, and Oliver Gilchrist, (together the "Executive Directors"), it has been notified by the Executive Directors that they have successfully placed a total of 4,200,000 ordinary shares in the Company ("Placing Shares") at a price of at 120 pence per share (the "Placing") with a number of new and certain existing institutional shareholders.

Shore Capital Stockbrokers Limited acted as Sole Bookrunner to the Placing, which was oversubscribed.

Following the Placing, the revised shareholdings of the Executive Directors are set out below:

 
                    Shareholding prior           Placing Shares               Resultant 
                       to the Placing                  sold                  shareholding 
--------------  --------------------------  ------------------------  ------------------------ 
                 Number         % of Share   Number         % of       Number         % of 
                  of ordinary    Capital      of ordinary    Share      of ordinary    Share 
                  shares                      shares         Capital    shares         Capital 
--------------  -------------  -----------  -------------  ---------  -------------  --------- 
 Louis 
  Hall           12,087,709*    40.96%       3,100,000      10.5%      8,987,709      30.45% 
--------------  -------------  -----------  -------------  ---------  -------------  --------- 
 Guy O'Connor    3,241,221      10.98%       849,368        2.9%       2,391,853      8.10% 
--------------  -------------  -----------  -------------  ---------  -------------  --------- 
 Oliver 
  Gilchrist      956,422        3.24%        250,632        0.8%       705,790        2.39% 
--------------  -------------  -----------  -------------  ---------  -------------  --------- 
 

* Includes 3,346,887 Ordinary Shares held by Affinity Trust Limited (a trust in which Louis Hall is a beneficiary)

For further enquiries, please contact:

 
 Cerillion plc                c/o KTZ Communications 
  Louis Hall, CEO              T: 020 3178 6378 
  Oliver Gilchrist, CFO 
 
 Shore Capital (Nomad and     T: 020 7408 4090 
  Broker) 
 Bidhi Bhoma 
  Toby Gibbs 
 
 KTZ Communications           T: 020 3178 6378 
 Katie Tzouliadis 
  Emma Pearson 
 
 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                       Louis Hall 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status           CEO 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Cerillion Plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       213800ISIZMUC3P46850 
---  ------------------------  ------------------------------- 
 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              Ordinary shares in Cerillion 
       instrument, type           Plc 
       of instrument 
                                  GB00BYYX6C66 
       Identification 
       code 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Award of shares under the 
       transaction               2016/17 SIPS and pro rata 
                                 SIPS dividend shares 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                 Price     Volume(s) 
       volume(s)                   --------  ---------- 
                                    GBP1.20   3,100,000 
                                               shares 
                                   --------  ---------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated 
       volume                     N/A (single transactions) 
 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   26 May 2017 
---  ------------------------  ------------------------------- 
 f)   Place of the              LSE, AIM Market (XLON) 
       transaction 
---  ------------------------  ------------------------------- 
 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                      Guy O'Connor 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status           Senior Vice President for 
                                 the Americas 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Cerillion Plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       213800ISIZMUC3P46850 
---  ------------------------  ------------------------------- 
 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              Ordinary shares in Cerillion 
       instrument, type           Plc 
       of instrument 
                                  GB00BYYX6C66 
       Identification 
       code 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Award of shares under the 
       transaction               2016/17 SIPS and pro rata 
                                 SIPS dividend shares 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                 Price     Volume(s) 
       volume(s)                   --------  --------------- 
                                    GBP1.20   849,368 shares 
                                   --------  --------------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated 
       volume                     N/A (single transactions) 
 
 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   26 May 2017 
---  ------------------------  ------------------------------- 
 f)   Place of the              LSE, AIM Market (XLON) 
       transaction 
---  ------------------------  ------------------------------- 
 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                      Oliver Gilchrist 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status           CFO 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Cerillion Plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       213800ISIZMUC3P46850 
---  ------------------------  ------------------------------- 
 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              Ordinary shares in Cerillion 
       instrument, type           Plc 
       of instrument 
                                  GB00BYYX6C66 
       Identification 
       code 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Award of shares under the 
       transaction               2016/17 SIPS and pro rata 
                                 SIPS dividend shares 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                 Price     Volume(s) 
       volume(s)                   --------  --------------- 
                                    GBP1.20   250,632 shares 
                                   --------  --------------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated 
       volume                     N/A (single transactions) 
 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   26 May 2017 
---  ------------------------  ------------------------------- 
 f)   Place of the              LSE, AIM Market (XLON) 
       transaction 
---  ------------------------  ------------------------------- 
 

Important Notice

MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THIS ANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT RELATES ARE ONLY ADDRESSED TO AND DIRECTED AT (1) IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA, PERSONS WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2(1)(E) OF EU DIRECTIVE 2003/71/EC (AND ANY AMENDMENTS THERETO, INCLUDING DIRECTIVE 2010/73/EU) AND ANY RELEVANT IMPLEMENTING MEASURES (THE "PROSPECTUS DIRECTIVE"); AND (2) IN THE UNITED KINGDOM, PERSONS WHO (I) HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED) (THE "ORDER"); OR (II) FALL WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER OR (III) ARE PERSONS TO WHOM AN OFFER OF THE PLACING SHARES MAY OTHERWISE LAWFULLY BE MADE (ALL SUCH PERSONS REFERRED TO IN (1) AND (2) TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THE INFORMATION REGARDING THE PLACING SET OUT IN THIS ANNOUNCEMENT MUST NOT BE ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS.

This announcement and the information contained herein is for information purposes only and does not constitute or form part of any offer of, or the solicitation of an offer to acquire or dispose of securities in the United States, Canada, Australia, South Africa or Japan or in any other jurisdiction in which such an offer or solicitation is unlawful.

The securities referred to herein have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States or of Canada, Australia, South Africa or Japan. Such securities may not be offered or sold in the United States unless registered under the US Securities Act or offered in a transaction exempt from, or not otherwise subject to, the registration requirements of the US Securities Act and the securities laws of any relevant state or other jurisdiction of the United States. There will be no public offering of such securities in the United States or in any other jurisdiction.

The securities referred to herein have not been approved or disapproved by the US Securities and Exchange Commission, any state securities commission or other regulatory authority in the United States, nor have any of the foregoing authorities passed upon or endorsed the merits of the Placing or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence in the United States.

No prospectus or offering document has been or will be prepared in connection with the Placing. Any investment decision to buy securities in the Placing must be made solely on the basis of publicly available information. Such information is not the responsibility of and has not been independently verified by any of the Executive Directors, the Company, Shore Capital, or any of their respective affiliates.

Neither this announcement nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into or from the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa or Japan. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

The distribution of this announcement and the offering or sale of the Placing Shares in certain jurisdictions may be restricted by law. No action has been taken by the Executive Directors, the Company, Shore Capital, or any of their respective affiliates, that would, or which is intended to, permit a public offer of the Placing Shares in any jurisdiction or possession or distribution of this announcement or any other offering or publicity material relating to the Placing Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any applicable restrictions.

Shore Capital, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting only for the Company and the Executive Directors in connection with the Placing and will not be responsible to anyone other than the Company and the Executive Directors for providing the protections offered to the clients of Shore Capital, nor for providing advice in relation to the Placing or any matters referred to in this announcement.

Shore Capital and any of its respective affiliates acting as an investor for its own account may participate in the offering on a proprietary basis and in that capacity may retain, purchase or sell for their own account such Placing Shares. In addition they may enter into financing arrangements and swaps with investors in connection with which they may from time to time acquire, hold or dispose of Placing Shares. Shore Capital does not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligation to do so.

This document includes statements that are, or may be deemed to be, forward-looking statements. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "intends", "expects", "will", or "may", or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. Any forward-looking statements are subject to risks relating to future events and assumptions relating to the Company's business, in particular from changes in political conditions, economic conditions, evolving business strategy, or the retail industry. No assurances can be given that the forward-looking statements in this document will be realised. As a result, no undue reliance should be placed on these forward-looking statements as a prediction of actual results or otherwise

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSEUSUMFWSESI

(END) Dow Jones Newswires

May 26, 2017 05:13 ET (09:13 GMT)

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