TIDMECSC

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 GBP1.6 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               +44 (0) 1274 736 223 
 
 Stockdale Securities 
  (NOMAD and Broker)           +44 (0) 20 7601 6100 
 Robert Finlay 
  Hanan Lee 
 Alma PR (Financial PR) 
  Joshua Royston 
  Hilary Buchanan              +44 (0) 20 8004 4217

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 10, 2018 02:00 ET (07:00 GMT)

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