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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Crossword Cybersecurity Plc | LSE:CCS | London | Ordinary Share | GB00BNG2LT65 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.00 | 4.50 | 5.50 | 5.00 | 5.00 | 5.00 | 2,000 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCCS
RNS Number : 1245V
Crossword Cybersecurity PLC
29 November 2019
Crossword Cybersecurity Plc
Grant of Options to Director and Employees
29 November 2019 - London, UK - Crossword Cybersecurity Plc (AIM:CCS, "Crossword", the "Company" or the "Group"), the technology commercialisation company focused solely on cyber security and risk, is pleased to announce that it has granted 7,958 options comprising 2,250 options under the Company's Enterprise Management Incentive Scheme (the "EMI Plan") and 5,708 options under the Non Tax Advantaged Plan. The 7,958 options granted vest in three equal tranches on first, second and third anniversary of the date of grant and are exercisable into 7,958 ordinary shares of GBP0.05 each in the Company ("Ordinary Shares") at a price of GBP4.80 per share.
Included in the above number are options to a Director as set out below:
Sir Richard Dearlove
The Company today has granted to Sir Richard Dearlove an option pursuant to the rules of the Non Tax Advantaged Plan to acquire 5,208 Ordinary Shares at an exercise price of GBP4.80 per share.
Following this grant, Sir Richard Dearlove holds options over 29,710 Ordinary Shares in the Company.
Following this grant of options, the total number of options outstanding under the EMI Plan will be 77,179. A further 113,210 options are outstanding under an unapproved share scheme. The total number of options outstanding following this grant will be 190,389 representing 4.07% of Crossword's issued share capital.
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details.
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Sir Richard Dearlove -------------------------- -------------------------------------- 2 Reason for the notification ------------------------------------------------------------------ a) Position/status Chairman -------------------------- -------------------------------------- b) Initial notification Initial Notification /Amendment -------------------------- -------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------ a) Name Crossword Cybersecurity plc -------------------------- -------------------------------------- b) LEI 213800FJNJGZBUSOZQ63 -------------------------- -------------------------------------- 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 Options to acquire ordinary shares of financial instrument, 5p each at the price of GBP4.80 each type of instrument Identification code For Ordinary Shares: GB00BPFJXS57 -------------------------- -------------------------------------- b) Nature of the transaction Granting of options -------------------------- -------------------------------------- c) Price(s) and volume(s) Price Nil Volume 5,208 -------------------------- -------------------------------------- d) Aggregated information Price Nil Volume 5,208 -------------------------- -------------------------------------- e) Date of the transaction 28/11/2019 -------------------------- -------------------------------------- f) Place of the transaction Off-market transaction -------------------------- --------------------------------------
Contacts
Crossword Cybersecurity plc - Tel: +44 (0) 20 3953 8460
Email: info@crosswordcybersecurity.com
Tom Ilube, Chief Executive Officer
Mary Dowd, Finance Director
Grant Thornton (Nominated Adviser) - Tel: +44 (0) 20 7383 5100
Colin Aaronson / Jamie Barklem / Niall McDonald
Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341
Claire Louise Noyce
For media enquiries contact:
Lorena Duke, GingerPR
lorena@gingerpr.co.uk, 01932 485 300
About Crossword Cybersecurity plc
Crossword Cybersecurity plc focuses on the development and commercialisation of university research-based cyber security related software and cyber security consulting. The Group's specialist cyber security product development and software engineering teams work with its university partners to develop the research concept into a fully-fledged commercial product that it will then take to market. The Group's aim is to build up a portfolio of revenue generating, intellectual property based, cyber security products. Rizikon Assurance, Crossword's leading product, is a SaaS platform that enables medium to large companies to assess the cyber maturity and GDPR readiness of their suppliers. Nixer CyberML, Crossword's most recently launched product, is a new tool for businesses that want to solve advanced security and cybercrime problems, such as detecting and dealing with compromised accounts, fraud and in-application denial of service attacks. Crossword's team of expert cyber security consultants leverages years of experience in national security, defence and commercial cyber intelligence and operations to provide bespoke advice tailored to its clients' business needs.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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November 29, 2019 03:15 ET (08:15 GMT)
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