27 March 2024
PCI-PAL PLC
("PCI Pal", the "Company" or "the Group")
Exercise of Options, Director/PCA Dealings
& Total Voting Rights
PCI-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 ("Ordinary Shares") by William Good, CFO of the Company, and the acquisition of Ordinary Shares by William Good.
The transactions undertaken by William Good were:
· Exercise of options over 200,000 Ordinary Shares ("the Option Shares") at an exercise price of 40p;
· Sale of 200,000 Ordinary Shares at 56p;
· Purchase of 225,000 Ordinary Shares at 56p; and
· Purchase of 25,000 Ordinary Shares at 55.777p.
Further to the transactions above, William Good holds 630,000 Ordinary Shares 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.
Application has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM 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 3 April 2024.
Total Voting Rights
Following Admission, the Company's issued share capital will consist of 72,149,818 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury. Therefore, on Admission, the total number of voting rights will be 71,982,589. 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.
For further information, please contact:
| PCI-PAL PLC | Via Walbrook PR |
| James Barham - Chief Executive Officer William Good - Chief Financial Officer
| |
| Cavendish Capital Market Limited (Nominated Adviser and Broker) | +44 (0) 20 7227 0500 |
| Marc Milmo/Simon Hicks/Fergus Sullivan (Corporate Finance) Sunila De Silva (Corporate Broking)
| |
| Walbrook PR | +44 (0) 20 7933 8780 |
| Tom Cooper/Joseph Walker | +44 (0) 797 122 1972 |
| |
About PCI Pal:
PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that empower companies to take payments from their customers securely, adhere to strict industry governance, and remove their business from the significant risks posed by non-compliance and data loss. Our products secure payments and data in any business communications environment including voice, chat, social, email, and contact centre. We are integrated to, and resold by, some of the worlds' leading business communications vendors, as well as major payment service providers.
The entirety of our product-base is available from our global cloud platform hosted in Amazon Web Services ("AWS"), with regional instances across EMEA, North America, and ANZ.
For more information visit www.pcipal.com or follow the team on Linkedin: https://www.linkedin.com/company/pci-pal/
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | William Good | ||||
2. | Reason for the notification | |||||
| a) | Position/status: | Chief Financial Officer | ||||
| b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name: | PCI PAL PLC | ||||
| b) | LEI: | 213800XTX34IQYMYES95 | ||||
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 of 1 pence each
ISIN Code: GB0009737155 | ||||
| b) | Nature of the transaction: | a) Exercise of Options b) Sale of Ordinary Shares c) Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s): |
| ||||
| d) | Aggregated information: · Aggregated volume: · Price: |
Purchased 250,000 Ordinary Shares 55.97 pence
| ||||
| e) | Dates of the transactions: | 26 March 2024 | ||||
| f) | Place of the transaction: | London Stock Exchange | ||||
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