Grant of Share Options

PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, today announces that it has granted options ("Options") over ordinary shares of 1 pence each ("Ordinary Shares") to a person disclosing managerial responsibilities ("PDMR").

Darren Gill, who was recently promoted to the position of Chief Revenue Officer (CRO) in the Company and is therefore a PDMR, has been granted 100,000 Options (the "PDMR Grant") as follows:

Name	Title	Options granted	Date of Grant	Earliest Vesting date
Darren Gill	CRO	100,000	28/02/2019	27/07/2019

Following the PDMR Grant, Darren Gill holds options over 250,000 Ordinary Shares.

In addition, he owns a total of 100,000 Ordinary Shares, representing 0.2% the current issued share capital of the Company.

Further information is set out in the FCA Disclosure table below.

Terms of the Options

The exercise price is 23.0 pence per Ordinary Share, being the closing mid-market price published by the London Stock Exchange on 27 February 2019, and the Options will vest over a four-year period subject to the recipient having remained in continuous employment prior to any exercising of Options.

The terms of vesting are as follows:

Tranche of award	Vesting Criteria
10,416 Options	Shall vest on the 27 July 2019 being 5 months from the date of issue
89,584 Options	Shall vest in equal monthly tranches over a period of 43 months starting on the 27 August 2019

Following this announcement, there is a total of 5,111,667 options over Ordinary Shares, representing 11.97% of the current issued share capital of the Company.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

For further information, please contact:

PCI-PAL PLC	Via Walbrook PR
James Barham - Chief Executive Officer William Good - Chief Financial Officer
finnCap (Nominated Adviser and Broker)	+44 (0) 20 7227 0500
Geoff Nash/Marc Milmo/Simon Hicks (Corporate Finance) Richard Chambers (Corporate Broking)
Walbrook PR	+44 (0) 20 7933 8780
Tom Cooper/Paul Vann	+44 (0) 797 122 1972
	[email protected]

About PCI Pal:

PCI Pal is a specialist provider of secure payment solutions for contact centres and businesses taking Cardholder Not Present (CNP) payments. PCI Pal's globally accessible cloud platform empowers organisations to take payments securely without bringing their environments into scope of PCI DSS and other card payment data security rules and regulations.

With the entire product portfolio served from PCI Pal's cloud environment, integrations with existing telephony, payment, and desktop environments are light-touch, ensuring no degradation of service while achieving security and compliance.

PCI Pal has offices in London, Ipswich (UK) and Charlotte NC (USA). For more information visit www.pcipal.com or follow the team on Twitter: https://twitter.com/PCIPAL

1.

Details of the person discharging managerial responsibilities/person closely associated

Name:

Darren Gill

2.

Reason for the notification

Position/status:

Chief Revenue Officer / PDMR

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name:

PCI PAL PLC

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

Description of the financial instrument, type of instrument:

Identification code:

Options over Ordinary shares of 1 pence each

ISIN Code: GB0009737155

Nature of the transaction:

Grant of Options

Price(s) and volume(s):