Sale of Ordinary Shares by Eckoh EBT

RNS Number : 6482J

Eckoh PLC

29 June 2017

 

Eckoh plc

("Eckoh" or the "Company")

Sale of Ordinary Shares by Eckoh EBT

The Company announces that on both 12 June 2017 and 22 June 2017 Eckoh's employee benefit trust ("EBT"), sold 3,028 ordinary shares in the capital of the Company (the "Shares"). Both transactions, resulting in total sales of 6,056 Shares, were executed at a price of 47p per Share and had previously been held on trust for the purpose of satisfying future awards to beneficiaries of the Company's share incentive plan ("SIP"). As Nik Philpot (CEO) and Adam Winterflood (Commercial Director) are trustees and administrators of the EBT, they are therefore treated as having an interest in the Shares. In addition, a PDMR of the Company, David Holliday (IT Director) is a potential beneficiary of the SIP and therefore also treated as having an interest in the Shares.

Following the above sale of these Shares, the EBT holds a total of 312,059 ordinary shares, equivalent to 0.12 per cent. of the ordinary share capital of Eckoh.

For further enquiries, please contact:

Eckoh plc                                                         Tel: [phone]

Nik Philpot, Chief Executive Officer

Chrissie Herbert, Chief Financial Officer

www.eckoh.com                                               

FTI Consulting LLP                                          Tel: [phone]

Ed Bridges / Chris Lane / Emma Appleton / Darius Alexander

[e-mail] 

N+1 Singer (Nomad & Joint Broker)                 Tel: [phone]

Shaun Dobson / Lauren Kettle

www.n1singer.com

Berenberg (Joint Broker)                                 Tel: [phone]

Ben Wright / Chris Bowman / Amritha Murali

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, US and Australia.  

Our secure payments products, which can be hosted in the cloud or deployed on the client's site, removes sensitive personal and payment data from contact centres and IT environments. The products 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") as well as wider data security regulations. Eckoh has been a PCI DSS Level One accredited Service Provider since 2010. 

Eckoh's customer contact solutions enable enquiries to be answered through multiple channels, allowing organisations to increase efficiency, lower operational costs and provide a true omni-channel experience to their customers. We also assist organisations to transform 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.

 

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