ECSC Group PLC Grant of EMI Options and PDMR Disclosure (2515X)
09 August 2018 - 1:26AM
UK Regulatory
TIDMECSC
RNS Number : 2515X
ECSC Group PLC
08 August 2018
8 August 2018
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 185,000 shares, representing 2.0% of the 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, Mr Ian Castle and Ms Clare
McDonald, who are identified as Persons Discharging Management
Responsibilities (PDMRs), have been granted options over 50,000 and
20,000 shares respectively.
The share options were granted at a price of 92.50 pence, being
the closing market share price on 7(th) August 2018 in accordance
with HMRC guidelines.
Name Options granted Beneficial shareholding
Ian Castle 50,000 205,029
---------------- ---------------
Clare MacDonald 20,000 2,681
---------------- ---------------
Enquiries:
ECSC Group plc
David Mathewson (Chairman)
www.ecsc.co.uk +44 (0) 1274 736 223
Stockdale Securities (NOMAD
and Broker) +44 (0) 20 7601 6100
Robert Finlay
David Coaten
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END
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