ECSC Group PLC Grant of Options and PDMR Disclosure (7917V)
November 10 2017 - 2:00AM
UK Regulatory
TIDMECSC
RNS Number : 7917V
ECSC Group PLC
10 November 2017
10 November 2017
ECSC Group plc
("ECSC" or the "Company")
Grant of Options and PDMR Disclosure
ECSC Group plc (AIM: ECSC), the cyber security services
provider, announces that it has today granted share options to
certain employees pursuant to a Save As You Earn Share Option
Scheme ("SAYE Scheme") launched on 12 October 2017.
The SAYE Scheme provides eligible employees with the opportunity
to buy ECSC Group plc ordinary shares at the end of a linked
savings contract. The Company has granted options over 42,624
shares, subject to a 3-year vesting period, at an exercise price of
125 pence per share to 30 eligible employees who applied to join
the SAYE Scheme, representing approximately 0.47% of the issued
share capital of the Company. The exercise of these options at the
end of the vesting period is subject to the rules of the SAYE
Scheme.
Within this grant of options, Mr Ian Castle, who is identified
as a Person Discharging Managerial Responsibilities ("PDMR"), has
been granted options over 1,440 ordinary shares, subject to a
3-year vesting period, at an exercise price of 125 pence per share.
Following this grant of options, Mr Castle's beneficial holding
remains unchanged at 205,029 shares (2.3% of the issued share
capital of the Company).
Enquiries:
ECSC Group plc
Ian Mann (Chief Executive
Officer)
Stephen Hammell (Chief
Financial Officer)
www.ecsc.co.uk +44 (0) 1274 736 223
Stockdale Securities
(NOMAD and Broker) +44 (0) 20 7601 6100
Robert Finlay
Hanan Lee
Alma PR (Financial PR)
Joshua Royston
Hilary Buchanan +44 (0) 20 8004 4217
Notes to Editors
ECSC is a proven provider of cyber security services with a
blue-chip client base that offers a comprehensive range of
solutions.
The Company has over 16 years' experience in the design,
implementation and management of cyber security solutions. ECSC's
consultancy-led approach, and its combination of custom
methodologies and in-house proprietary technologies, enables the
Company to provide individually tailored services to its clients.
The Company has significant intellectual property, including
bespoke products delivering remotely managed cyber security
services and custom-made internal support and delivery systems.
The Company floated on AIM in December 2016 to accelerate its
growth strategy and to take advantage of the importance attached to
cyber security by company boards as a result of the recent
proliferation of high profile cyber security breaches.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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