REG - ECSC Group PLC - Grant of EMI Options and PDMR Disclosure

EcscAnnouncement

16/07/2019 16:30

RNS Number : 7398F
ECSC Group PLC
16 July 2019
 


 
16 July 2019
 
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 175,500 shares, representing 1.9% of the current issued share capital of the company. The options are subject to a 3-year vesting period and an appropriate performance condition, that the ordinary shares trade at a mid-market minimum price of 200 pence per share over 30 consecutive trading days during the vesting period.
Within this grant of options Persons Discharging Management Responsibilities (PDMRs) have been granted options over 125,000 shares as detailed in the table below. The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.
The share options were granted with an exercise price of 77.50 pence, being the closing market share price on 15 July 2019 in accordance with HMRC guidelines.
 



Name


Options Granted


Beneficial Shareholding




Lucy Sharp


50,000


230,419




Ian Castle


15,000


218,008




Paul Lambsdown


15,000


183,852




Clare MacDonald


15,000


2,681




Gemma Basharan


15,000


4,214




Liz Knight


15,000


-



 
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


Director - 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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


50,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ian Castle




2.               


Reason for the Notification




a)


Position/status


Chief Technology 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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


15,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Paul Lambsdown




2.               


Reason for the Notification




a)


Position/status


Sales Director




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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


15,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Clare MacDonald




2.               


Reason for the Notification




a)


Position/status


Marketing Director




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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


15,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 



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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


15,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Liz Knight




2.               


Reason for the Notification




a)


Position/status


Human Resources Director




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


 



Grant of options over ordinary shares of 1p








Identification code


ISIN: GB00BYMJ4J99




b)


Nature of the transaction





Grant of Options








c)


Price(s) and volume(s)





Price(s)


Volume(s)




Option exercise price 77.50 pence per share


15,000








d)


Aggregated information:
·Aggregated volume
·Price


n/a




e)


Date of the transaction


16 July 2019




f)


Place of the transaction


Outside a trading venue



 
 




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