Pre-Close Update and Directors' Interest in Shares

RNS Number : 3801B

ECSC Group PLC

10 January 2018

 

10 January 2018

ECSC Group plc

("ECSC" or the "Company")

Pre-Close Update and Directors' Interest in Shares

ECSC Group plc (AIM: ECSC), the cyber security services provider, announces the following:

Pre-Close Trading Update

ECSC is pleased to announce that trading performance for the 12 months ended 31 December 2017 was in line with market expectations.

The cash balance of the Company at 31 December 2017 was £1.6 million.

Non-Executive Director Remuneration

ECSC has agreed to return the payment of service fees to its three Non-Executive Directors from the issue of nil exercise price share options to monthly cash payments. This change has taken effect from 1 January 2018.

Enquiries:

ECSC Group plc  Ian Mann (Chief Executive Officer) Stephen Hammell (Chief Financial Officer) www.ecsc.co.uk	[phone]
Stockdale Securities (NOMAD and Broker)	[phone]
Robert Finlay Hanan Lee
Alma PR (Financial PR) Joshua Royston Hilary Buchanan	[phone]

Notes to Editors

ECSC is a proven provider of cyber security services with a blue-chip client base that offers a comprehensive range of solutions. 

The Company has over 16 years' experience in the design, implementation and management of cyber security solutions. ECSC's consultancy-led approach, and its combination of custom methodologies and in-house proprietary technologies, enables the Company to provide individually tailored services to its clients. The Company has significant intellectual property, including bespoke products delivering remotely managed cyber security services and custom-made internal support and delivery systems.

The Company floated on AIM in December 2016 to accelerate its growth strategy and to take advantage of the importance attached to cyber security by company boards as a result of the recent proliferation of high profile cyber security breaches.

 

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