29 September 2021
Eckoh plc
("Eckoh", the "Group" or the "Company")
Exercise of Options and Total Voting Rights
Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, today announces that it has applied for 515,000 new ordinary shares in the capital of the Company to be admitted to trading on AIM (the "New Ordinary Shares"), following an exercise of share options by employees.
The options being exercised were granted under the Eckoh plc November 1999 Share Option Scheme in March 2016 and March 2017 and in both cases the number of New Ordinary Shares that ultimately vested was subject to the satisfaction of share price targets, which were comfortably exceeded.
Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM, with dealings expected to commence on 5 October 2021 ("Admission").
Total Voting Rights
Following Admission, the Company will have a total of 256,666,621 ordinary shares of 0.25p each ("Ordinary Shares") in issue. The number of Ordinary Shares held in treasury is 1,801,374 and, as a result, the Ordinary Shares in issue carrying voting rights will be 254,865,247. Shareholders may use this figure of 254,865,247 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Eckoh plc |
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Nik Philpot, Chief Executive Officer |
Tel: 01442 458 300 |
Chrissie Herbert, Chief Financial Officer |
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FTI Consulting LLP |
Tel: 020 3727 1000 |
Ed Bridges, Jamie Ricketts, Darius Alexander, Tom Blundell |
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Singer Capital Markets (Nomad & Joint Broker) |
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Shaun Dobson, Alex Bond, Kailey Aliyar |
Tel: 020 7496 3000 |
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C anaccord Genuity Limited (Joint Broker) |
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Simon Bridges, Emma Gabriel |
Tel: 020 7523 8000 |
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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 all engagement channels. The products, which include the patented CallGuard and ChatGuard, 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 £5bn 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.
For more information go to www.eckoh.com or email MediaResponseUK@eckoh.com