Cerillion PLC Announces Share Option Exercise and Voting Rights Update

Cerillion ( (GB:CER) ) just unveiled an announcement.

Cerillion PLC announced the exercise of options over 5,000 shares by Richard Doughty, a person discharging managerial responsibilities, under the company’s Long Term Incentive Plan. Following this, Doughty sold 1,580 shares to cover the tax liability incurred from the exercise. This transaction impacts the total voting rights, which now stand at 29,500,974 shares, allowing shareholders to assess changes in their shareholding under the Financial Conduct Authority’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:CER) stock is a Buy with a £2350.00 price target. To see the full list of analyst forecasts on Cerillion stock, see the GB:CER Stock Forecast page.

Spark’s Take on GB:CER Stock

According to Spark, TipRanks’ AI Analyst, GB:CER is a Outperform.

Cerillion receives a strong overall score driven by its impressive financial performance and supportive corporate events. Potential overvaluation and weak technical indicators slightly temper the overall outlook. The company’s robust financial health and strategic initiatives position it well for future growth.

To see Spark’s full report on GB:CER stock, click here.

More about Cerillion

Cerillion is a provider of billing, charging, and customer relationship management (CRM) software solutions, primarily serving the telecommunications sector, but also catering to utilities and financial services. With a 25-year history, the company operates globally with installations in approximately 45 countries and has offices in London, India, and Bulgaria, along with sales presence in the USA, Singapore, and Australia. Originally part of Logica plc, Cerillion became independent through a management buyout in 1999 and was listed on AIM in March 2016.

Average Trading Volume: 103,137

Technical Sentiment Signal: Buy

Current Market Cap: £438M

For detailed information about CER stock, go to TipRanks’ Stock Analysis page.