REG - Eckoh PLC - PDMR Dealing

EckohAnnouncement

29/01/2020 07:01

RNS Number : 2237B
Eckoh PLC
29 January 2020
 


29 January 2020
 
 
Eckoh plc
("Eckoh", the "Group" or the "Company")
PDMR Dealing
 
Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, today announces that it received notification that, on 28 January 2020, Todd Funk, Senior Executive Vice President - US Operations, sold a total of 350,000 ordinary shares of 0.25p ("Ordinary Shares") at a price of 58 pence per Ordinary Share.
 
Todd received 667,242 shares as part of the consideration from the acquisition of PSS Inc by Eckoh in November 2015. Following this sale, Todd is beneficially interested in 342,242 Ordinary Shares, representing approximately 0.13 per cent. of the issued share capital of the Company.
 
For further enquiries, please contact:
 
Eckoh plc                                                                                                                                              Tel: 01442 458 300
Nik Philpot, Chief Executive Officer
Chrissie Herbert, Chief Financial Officer
www.eckoh.com                                                            
 
FTI Consulting LLP                                                                                                                              Tel: 020 3727 1000
Ed Bridges / Jamie Ricketts / Darius Alexander / Jan Meinicke
eckoh@fticonsulting.com 
 
N+1 Singer (Nomad & Joint Broker)                                                                                              Tel: 020 7496 3000
Shaun Dobson / Justin McKeegan
www.n1singer.com
 
Canaccord Genuity Limited (Joint Broker)                                                                                   Tel: 020 7523 8000
Simon Bridges / Andrew Potts 
 
About Eckoh plc
 
Eckoh is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK and US.
 
Our secure payments products help our clients take payments securely from their customers through multiple channels. The products, which include the patented CallGuard, can be hosted in the Cloud or deployed on the client's site and remove sensitive personal and payment data from contact centres and IT environments. They offer merchants a simple and effective way to reduce the risk of fraud, secure sensitive data and become compliant with the Payment Card Industry Data Security Standards ("PCI DSS") and wider data security regulations. Eckoh has been a PCI DSS Level One Accredited Service Provider since 2010, securing over $2bn in payments annually.
 
Eckoh's customer contact solutions enable enquiries and transactions to be performed on whatever device the customer chooses, allowing organisations to increase efficiency, lower operational costs and provide a true Omnichannel experience. We also assist organisations in transforming the way that they engage with their customers by providing support and transition services as they implement our innovative customer contact solutions.
 
Our large portfolio of clients come from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utility providers and financial services organisations.
 
 




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)


Name


Todd Funk




2


Reason for the notification




a)


Position/status


Senior Executive Vice President - US Operations




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Eckoh plc




b)


LEI


213800Z885E2BBU1CR76




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 0.25 pence each
 
GB0033359141
 




b)


Nature of the transaction


Purchase




c)
 


Price(s) and volume(s)
 


Price


Volume




58 pence


350,000




d)
 


Aggregated information
 
- Aggregated volume
 
- Price
 


 
 
350,000
 
58 pence
 




e)


Date of the transaction


28 January 2020




f)


Place of the transaction


London Stock Exchange




 
 




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END
 
 
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