09:26 Tue 20 Oct 2020
Crossword Cybersec - Grant of Options to Directors and Employees

Crossword Cybersecurity Plc
Grant of Options to Director, Senior Management and Employees
20 October 2020 -
Included in the 22,184 options granted under the EMI plan are options to the Chairman, Sir
Following this grant of options, the total number of Options outstanding under the EMI Plan will be 83,929. A further 125,644 Options are outstanding under an unapproved share scheme. The total number of Options outstanding following this grant will be 209,573 representing 4.08% of Crossword's issued share capital.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further details.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Sir |
2 | Reason for the notification | |
a) | Position/status | Chairman
|
b) | Initial notification /Amendment | Initial Notification |
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 financial instrument, type of instrument Identification code | Options to acquire ordinary shares of 5p each at a price of
For Ordinary Shares: GB00BPFJXS57 |
b) | Nature of the transaction | Granting of options |
c) | Price(s) and volume(s)
| Price Nil Volume 9,434 |
d)
| Aggregated information | Price Nil Volume 9,434 |
e) | Date of the transaction | |
f) | Place of the transaction | Off-market transaction |
- Ends -
Contacts
Crossword Cybersecurity plc - Tel: +44 (0) 20 3953 8460
Email: info@crosswordcybersecurity.com
Tom Ilube, Chief Executive Officer
Grant Thornton (Nominated Adviser) - Tel: +44 (0) 20 7383 5100
Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341
About Crossword Cybersecurity plc
Crossword Cybersecurity plc focuses on the development and commercialisation of university research-based cyber security and risk management 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 and manage all risks from 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.
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Quick facts: Crossword Cybersecurity PLC
Price: -
Market: AIM
Market Cap: -
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