Eckoh PLC Exercise of Options (6694Q)
21 February 2019 - 6:00PM
UK Regulatory
TIDMECK
RNS Number : 6694Q
Eckoh PLC
21 February 2019
21 February 2019
Eckoh plc
("Eckoh" or the "Company")
Exercise of Options
Eckoh (AIM:ECK), the global provider of secure payment products
and customer contact solutions, announces that it has issued
533,248 new ordinary shares in the capital of the Company (the "New
Ordinary Shares") following an exercise of share options by a
former employee.
The options being exercised were granted under the 2012 Eckoh
Long Term Incentive Plan and the number of New Ordinary Shares that
ultimately vested was subject to the satisfaction of share price
targets which were comfortably exceeded well ahead of the earliest
date of exercise, being 1 January 2016.
Application will be made to the London Stock Exchange for the
New Ordinary Shares to be admitted to trading on AIM, with dealings
expected to commence on 27 February 2019 ("Admission").
Following Admission, the Company will have a total of
254,121,768 Ordinary Shares in issue. Of these Ordinary Shares,
362,022 are held in treasury and as a result, the Ordinary Shares
in issue carrying voting rights will be 253,759,746. Shareholders
may use this figure of 253,759,746 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 enquiries, please contact:
Eckoh plc Tel: 01442 458 300
Nik Philpot, Chief Executive Officer
Chrissie Herbert, Chief Financial Officer
www.eckoh.com
FTI Consulting LLP Tel: 020 3727 1000
Ed Bridges / Jamie Ricketts / Darius
Alexander
eckoh@fticonsulting.com
N+1 Singer (Nomad & Joint Broker) Tel: 020 7496 3000
Shaun Dobson / Justin McKeegan
www.n1singer.com
Canaccord Genuity Limited (Joint Broker) Tel: 020 7523 8000
Simon Bridges / Emma Gabriel
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCPGUGCPUPBGRU
(END) Dow Jones Newswires
February 21, 2019 02:00 ET (07:00 GMT)
Eckoh (LSE:ECK)
Historical Stock Chart
From Apr 2024 to May 2024
Eckoh (LSE:ECK)
Historical Stock Chart
From May 2023 to May 2024