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)	[phone]
Allenby Capital (NOMAD and Broker) David Hart Nicholas Chambers	[phone]

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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