Grant of EMI Options and PDMR Disclosure

Ecsc

05/02/2020 17:23

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

 

 

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