logo-loader
viewECSC Group PLC

ECSC Group PLC - Grant of EMI Options and PDMR Disclosure

RNS Number : 1199C
ECSC Group PLC
05 February 2020
 

 

5 February 2020

 

ECSC Group plc

("ECSC" or the "Company")

 

Grant of EMI 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 an Enterprise Management Incentive Share Option Scheme ("EMI Scheme").

The EMI Scheme provides eligible employees with the opportunity to buy ECSC Group plc ordinary shares at a future date in accordance with the scheme rules. The Company has granted options over 65,000 shares, representing 0.71% of the issued share capital of the Company. The options are subject to a three year vesting period and are subject to a performance condition of the Company's closing mid-market share price exceeding 200 pence per share for a minimum 10 consecutive business days following the option vesting date.

Within this grant of options Persons Discharging Management Responsibilities ("PDMRs") have been granted options over 65,000 shares as detailed in the table below.

The share options were granted at a price of 107.50 pence, being the closing market share price on 4 February 2020 in accordance with HMRC guidelines.

Name

Options Granted

Beneficial Shareholding

Lucy Sharp

25,000

242,635

Ian Castle

20,000

230,769

Gemma Basharan

20,000

4,214

 

Enquiries:

ECSC Group plc

David Mathewson (Non-Executive Chairman)

Ian Mann (Chief Executive Officer)

+44 (0) 1274 736 223

Allenby Capital (NOMAD and Broker)

David Hart

Nicholas Chambers

+44 (0) 203 3285 656

For more information please visit the following: www.ecsc.co.uk

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

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

 

Initial notification /Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of 0.1p each in ECSC Group plc

 

Identification code (ISIN) for ECSC Group plc ordinary shares: GB00BYMJ4J99

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

107.50p

 

25,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

4 February 2020

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ian Castle

2

Reason for the notification

a)

Position/status

Chief Technical Officer

b)

 

Initial notification /Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of 0.1p each in ECSC Group plc

 

Identification code (ISIN) for ECSC Group plc ordinary shares: GB00BYMJ4J99

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

107.50p

 

20,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

4 February 2020

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gemma Basharan

2

Reason for the notification

a)

Position/status

Financial Controller

b)

 

Initial notification /Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of 0.1p each in ECSC Group plc

 

Identification code (ISIN) for ECSC Group plc ordinary shares: GB00BYMJ4J99

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

107.50p

 

20,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

4 February 2020

f)

Place of the transaction

Outside of a trading venue - grant of options

 

 


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 [email protected] or visit www.rns.com.
 
END
 
 
DSHFLFFDFIIEIII

Quick facts: ECSC Group PLC

Price: 73.5

Market: LSE
Market Cap: £6.69 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Morning Report: FTSE 100 reels from Trump travel ban

Headlines from the Proactive UK newsroom. The FTSE 100 slumped again as traders reacted cautiously to the travel ban between the US and Europe imposed by Donald Trump last night. The blue-chip index opened down 5% at 5581 after Dow Jones shed almost 1,500 points overnight.  Insurance...

3 weeks, 5 days ago