Business
Exercise of Options, Director Shareholding & TVR
Exercise of Options, Director Shareholding & TVR.
About this update from Pci-pal Plc
[{"type":"text","content":"\n\n\n1 July 2024\n \nPCI-PAL PLC\n(\"PCI Pal\", the \"Company\" or \"the Group\")\n \nExercise of Options, Director/PDMR Shareholding\n& Total Voting Rights\n \nPCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, announces that it has been notified of an exercise of options (\"Options\") over ordinary shares of 1 pence each in the capital of the Company (\"Ordinary Shares\") by William Good, CFO of the Company, and the sale of Ordinary Shares by William Good.\n \nThe transactions undertaken by William Good were:\n \n· Exercise of options over 300,000 Ordinary Shares (the \"Option Shares\") at an exercise price of 33p; and\n· Sale of 300,000 Ordinary Shares at 63p.\n \nApplication has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM (\"Admission\") and it is expected that Admission will be effective and dealings will commence in respect of the Option Shares at 8.00 a.m. on 8 July 2024.\n \nFollowing Admission, William Good's beneficial holding remains unchanged with 630,000 Ordinary Shares held through his pension, and his wife holds 21,052 through her ISA. As a result, William Good together with his wife have, in aggregate, an interest over 651,032 shares representing 0.9% of the current share capital of the Company.\n \nTotal Voting Rights\n \nFollowing Admission, the Company's issued share capital will consist of 72,584,818 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury. Therefore, on Admission, the total number of voting rights will be 72,417,589. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \nFor further information, please contact:\n \n\n\n\n\nPCI-PAL PLC\n\n\nVia Walbrook PR\n\n\n\n\nSimon Wilson - Chairman\nJames Barham - Chief Executive Officer\n\n\n\n\n\n\n\nCavendish Capital Markets Limited (Nominated Adviser and Broker)\n\n\n+44 (0) 20 7227 0500\n\n\n\n\nMarc Milmo/Simon Hicks/Fergus Sullivan (Corporate Finance)\nSunila de Silva/Ondraya Swanson (Corporat...