Grant of EMI Options and PDMR Disclosure

RNS Number : 7398F

ECSC Group PLC

16 July 2019

 

16 July 2019

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 175,500 shares, representing 1.9% of the current issued share capital of the company. The options are subject to a 3-year vesting period and an appropriate performance condition, that the ordinary shares trade at a mid-market minimum price of 200 pence per share over 30 consecutive trading days during the vesting period.

Within this grant of options Persons Discharging Management Responsibilities (PDMRs) have been granted options over 125,000 shares as detailed in the table below. The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

The share options were granted with an exercise price of 77.50 pence, being the closing market share price on 15 July 2019 in accordance with HMRC guidelines.

Name	Options Granted	Beneficial Shareholding
Lucy Sharp	50,000	230,419
Ian Castle	15,000	218,008
Paul Lambsdown	15,000	183,852
Clare MacDonald	15,000	2,681
Gemma Basharan	15,000	4,214
Liz Knight	15,000	-

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	Director - 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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 50,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Castle
2.	Reason for the Notification
a)	Position/status	Chief Technology 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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 15,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Lambsdown
2.	Reason for the Notification
a)	Position/status	Sales Director
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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 15,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clare MacDonald
2.	Reason for the Notification
a)	Position/status	Marketing Director
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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 15,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 15,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liz Knight
2.	Reason for the Notification
a)	Position/status	Human Resources Director
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	Grant of options over ordinary shares of 1p
	Identification code	ISIN: GB00BYMJ4J99
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) Option exercise price 77.50 pence per share 15,000
d)	Aggregated information: ·Aggregated volume ·Price	n/a
e)	Date of the transaction	16 July 2019
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHEQLFFKDFLBBZ