ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ECSC Ecsc Group Plc

52.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ecsc Group Plc LSE:ECSC London Ordinary Share GB00BYMJ4J99 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ECSC Group PLC Cancellation and Grant of options (8917W)

24/08/2020 7:00am

UK Regulatory


Ecsc (LSE:ECSC)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Ecsc Charts.

TIDMECSC

RNS Number : 8917W

ECSC Group PLC

24 August 2020

24 August 2020

ECSC Group plc

('ECSC', the 'Company' or the 'Group')

Cancellation and Grant of options

ECSC (AIM: ECSC), the provider of cyber security services, announces that on 21 August 2020, the Company cancelled options over 588,037 new ordinary shares in the Company ("Ordinary Shares") in respect of the following directors, persons discharging managerial responsibilities ("PDMRs") and employees of the Company:

 
 Name               Position                    Number of options over 
                                                 Ordinary Shares cancelled 
 Lucy Sharp         Chief Operating Officer     144,758 
 Ian Castle         Chief Technology Officer    103,602 
 Gemma Basharan     Chief Financial Officer     64,651 
 Paul Lambsdown     PDMR                        48,952 
 Clare MacDonald    PDMR                        48,952 
 Liz Knight         PDMR                        20,000 
 n/a                Other employees             157,122 
 

Following the above cancellation of options over Ordinary Shares, on 21 August 2020, the Company also granted options ("New Options") over 588,037 new Ordinary Shares to the same directors, PDMRs and Company employees:

 
 Name               Position            Number of New      Total number 
                                         Options granted    of options held 
                                                            as at today's 
                                                            date 
                    Chief Operating 
 Lucy Sharp          Officer            144,758            144,758 
                    Chief Technology 
 Ian Castle          Officer            103,602            103,602 
                    Chief Financial 
 Gemma Basharan      Officer            64,651             64,651 
 Paul Lambsdown     PDMR                48,952             48,952 
 Clare MacDonald    PDMR                48,952             48,952 
 Liz Knight         PDMR                20,000             20,000 
 n/a                Other employees     157,122            157,122 
 

The New Options are being granted pursuant to the Company's Enterprise Management Incentive Share Option Scheme (EMI Scheme) and have an exercise price of 65p per Ordinary Share, being the Company's closing mid-market share price on the date of grant. The New Options may vest and become exercisable at any time over a ten-year period from the date of grant subject to the Company's closing mid-market share price exceeding 167p per Ordinary Share for 10 consecutive business days.

Following the above cancellation and grant of options over Ordinary Shares, the Company has 794,448 options in issue over Ordinary Shares, representing 7.9% per cent. of the Company's issued share capital and voting rights.

The FCA notifications in respect of the above cancellation and grant of options over Ordinary Shares, made in accordance with the requirements of the EU Market Abuse Regulation, are appended below.

Enquiries:

 
ECSC Group plc (including press enquiries) 
 David Mathewson, Non-Executive Chairman 
 Ian Mann, Chief Executive Officer                  +44 (0) 1274 736 223 
Allenby Capital Limited (Nominated Adviser 
 and Broker) 
 David Hart/Asha Chotai (Corporate Finance) 
 Tony Quirke (Sales) 
 For more information please visit the following: 
 https://investor.ecsc.co.uk/                       +44 (0) 203 3285 656 
 

Notes to Editors

AIM listed ECSC Group plc, is the UK's longest running, full service cyber security provider. Its consultancy-led approach, in addition to its custom methodologies and in-house proprietary technologies, enables ECSC to support all organisations across every sector. ECSC has significant intellectual property, including Artificial Intelligence delivering remotely managed cyber security breach detection.

Established in 2000, ECSC operates from two Security Operations Centres (SOCs), one in the UK, based in Yorkshire and the second in Brisbane, Australia allowing ECSC to provide true 24/7/365 cyber security monitoring, detection and incident response. ECSC also helps organisations test their cyber security, prevent breaches and achieve industry certifications.

The senior management team has over 80 years combined experience within the Company, and has delivered consecutive organic growth for the last 20 years.

ECSC's client list ranges from e-commerce start-ups to global organisations, and the Company counts 10% of the FTSE 100 amongst its clients.

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                         Lucy Sharp        Chief Operating 
                                                       Officer 
                                    Ian Castle        Chief Technology 
                                                       Officer 
                                    Gemma Basharan    Chief Financial 
                                                       Officer 
                                    Paul Lambsdown    PDMR 
                                    Clare MacDonald   PDMR 
                                    Liz Knight        PDMR 
     --------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status             See above 
     --------------------------  ------------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                        ECSC Group plc 
     --------------------------  ------------------------------------------------ 
 b)   LEI                         213800CG9B473DGJDC94 
     --------------------------  ------------------------------------------------ 
 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 over Ordinary shares of 0.1p 
       financial instrument,       each in ECSC Group plc 
       type of instrument          Identification code (ISIN) for ECSC 
       Identification code         Group plc ordinary shares: GB00BYMJ4J99 
     --------------------------  ------------------------------------------------ 
 b)   Nature of the transaction   Cancellation of options over ordinary 
                                   shares of 0.1p each in the Company 
     --------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)       Director /        No. of options     Exercise 
                                     PDMR                  cancelled        price 
                                    Lucy Sharp               144,758  Between 78p 
                                                                         and 167p 
                                    Ian Castle               103,602  Between 78p 
                                                                         and 167p 
                                    Gemma Basharan            64,651  Between 78p 
                                                                         and 167p 
                                    Paul Lambsdown            48,952  Between 78p 
                                                                         and 167p 
                                    Clare MacDonald           48,952  Between 78p 
                                                                         and 167p 
                                    Liz Knight                20,000  Between 78p 
                                                                          and 93p 
     --------------------------  ------------------------------------------------ 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------------------ 
 e)   Date of the transaction     21 August 2020 
     --------------------------  ------------------------------------------------ 
 f)   Place of the transaction    Outside of a trading venue 
     --------------------------  ------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Lucy Sharp        Chief Operating 
                                                       Officer 
                                    Ian Castle        Chief Technology 
                                                       Officer 
                                    Gemma Basharan    Chief Financial 
                                                       Officer 
                                    Paul Lambsdown    PDMR 
                                    Clare MacDonald   PDMR 
                                    Liz Knight        PDMR 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             See above 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                        ECSC Group plc 
     --------------------------  ---------------------------------------------- 
 b)   LEI                         213800CG9B473DGJDC94 
     --------------------------  ---------------------------------------------- 
 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 over Ordinary shares of 0.1p 
       financial instrument,       each in ECSC Group plc 
       type of instrument          Identification code (ISIN) for ECSC 
       Identification code         Group plc ordinary shares: GB00BYMJ4J99 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
                                   of 0.1p each in the Company 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Director /         No. of options  Exercise 
                                     PDMR                     granted     price 
                                    Lucy Sharp                144,758       65p 
                                    Ian Castle                103,602       65p 
                                    Gemma Basharan             64,651       65p 
                                    Paul Lambsdown             48,952       65p 
                                    Clare MacDonald            48,952       65p 
                                    Liz Knight                 20,000       65p 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     21 August 2020 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    Outside of a trading venue 
     --------------------------  ---------------------------------------------- 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHPPUACRUPUGRW

(END) Dow Jones Newswires

August 24, 2020 02:00 ET (06:00 GMT)

1 Year Ecsc Chart

1 Year Ecsc Chart

1 Month Ecsc Chart

1 Month Ecsc Chart

Your Recent History

Delayed Upgrade Clock