7 March 2024
CEL AI plc
("Cel AI" or the "Company")
TR-1 Notification and Director's Dealings
Cel AI (LSE: CLAI) announces that it has been notified of the following transactions in ordinary shares in the Company undertaken by directors/persons discharging managerial responsibility (PDMRs), details of which are set out in the notification below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Matthew Lodge | ||||||
| 2. | Reason for the Notification | |||||||
| a) | Position/status | Director | ||||||
| b) | Initial notification / Amendment | Initial notification | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Cel AI plc | ||||||
| b) | LEI | 213800IXPX4Z2MKX2U28 | ||||||
| 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 | ||||||
| | Identification Code | GB00BK964W87 | ||||||
| b) | Nature of the transaction | Sale of Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information: · Aggregated volume · Price |
82,000,000 Ordinary Shares £364,225 | ||||||
| e) | Date of the transaction | 22, 23, and 27 February 2024 | ||||||
| f) | Place of the Transaction | London Stock Exchange | ||||||
For further information please contact:
| Cellular Goods | |
| Michael Edwards Director | via FSCF +44 7572 873 300 |
| First Sentinel Corporate Finance (FSCF) | |
| Investor Relations Rebecca Noonan Media Relations Rebecca Noonan Corporate Broker & Advisor Brian Stockbridge |
+44 7572 873 300
+44 7572 873 300
+44 7858 888 007 |
| Novum Securities |
|
| Corporate Broker Colin Rowbury Jon Belliss |
+44 207 399 9427 |
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
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| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: | Cel AI PLC | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | | |||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | | |||||
| An event changing the breakdown of voting rights | | |||||
| Other (please specify) iii: | | |||||
| 3. Details of person subject to the notification obligation iv | ||||||
| Name | Matthew Lodge | |||||
| City and country of registered office (if applicable) | | |||||
| 4. Full name of shareholder(s) (if different from 3.) v | ||||||
| Name | | |||||
| City and country of registered office (if applicable) | | |||||
| 5. Date on which the threshold was crossed or reached vi: | 27 February 2024 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 7 March 2024 * delay caused by the new requirement to set up an account on Electronic Submission System prior to this submission | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| | % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | ||
| Resulting situation on the date on which threshold was crossed or reached | 2.16 | 0 | 2.16 | 13,000,000 | ||
| Position of previous notification (if applicable) | 15.77 | | | | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
| GB00BK964W87 | 13,000,000 | 0 | 2.16% | 0% | |||||
| SUBTOTAL 8. A | 13,000,000 | 2.16% | |||||||
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| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| | | | | | |||||
| | | | | | |||||
| | | | | | |||||
| | | SUBTOTAL 8. B 1 | | | |||||
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| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement xii | Number of voting rights | % of voting rights | ||||
| | | | | | | ||||
| | | | | | | ||||
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| SUBTOTAL 8.B.2 | | | ||||
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| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii | X | |||
| Full chain of controlled undertakings through which the voting rights and/or the | | |||
| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
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| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | | |||
| The number and % of voting rights held | | |||
| The date until which the voting rights will be held | | |||
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| 11. Additional information xvi | ||||
| | ||||
| Place of completion | Singapore |
| Date of completion | 7 March 2024 |
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