Eckoh PLC EBT Share Dealing, Exercise of Options and TVR (3677U)
22 November 2023 - 4:42PM
UK Regulatory
TIDMECK
RNS Number : 3677U
Eckoh PLC
22 November 2023
22 November 2023
Eckoh plc
("Eckoh" or the "Group")
EBT Share Dealing, Exercise of Options and Total Voting
Rights
Eckoh plc (AIM:ECK), the global provider of secure payment
products and customer contact solutions, today announces that on 22
November 2023, Eckoh's employee benefit trust ("EBT"), purchased
366,000 Ordinary Shares of 0.25p each in the capital of the Company
("Ordinary Shares"), at a price of approximately 36.25 pence per
Ordinary Share, to be held on trust for the purpose of satisfying
future awards to beneficiaries of the Company's share incentive
plan (the "EBT Shares").
As Nik Philpot (CEO) and Chrissie Herbert (CFO) are trustees and
administrators of the EBT, they are therefore treated as having an
interest in the EBT Shares.
Following settlement of the purchase of EBT Shares (and
Admission of New Ordinary Shares described below), the EBT will
hold a total of 2,964,910 Ordinary Shares, equivalent to 1.02 per
cent. of the Ordinary Share capital of Eckoh.
Exercise of Options
Further, Eckoh has issued 40,000 new Ordinary Shares in the
capital of the Company (the "New Ordinary Shares"), following an
exercise of share options by an employee on 21 November 2023.
The options being exercised were granted under the 2017 Eckoh
plc Performance Share Plan and the number of New Ordinary Shares
that ultimately vested was subject to a Total Shareholder Return
performance condition, measured over a 3-year performance
period.
Application has been 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 November 2023 ("Admission").
Total Voting Rights
Following Admission, the Company will have a total of
292,949,261 Ordinary Shares in issue. Pursuant to the purchase of
EBT Shares, the number of Ordinary Shares held in treasury is
2,510,247 and, as a result, the Ordinary Shares in issue carrying
voting rights will be 290,439,014. Shareholders may use this figure
of 290,439,014 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 information 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 1017
Ed Bridges / Emma Hall / Tom Blundell /
Emily Bowen eckoh@fticonsulting.com
Singer Capital Markets (Nomad & Joint Tel: 020 7496 3000
Broker)
Shaun Dobson / Tom Salvesen / Alex Bond
/ Angus Campbell
www.singercm.com
Investec Bank plc (Joint Broker) Tel: 020 7597 5970
Patrick Robb/ Nick Prowting / Shalin Bhamra
www.investec.com
About Eckoh plc
As a global provider of Customer Engagement Data Security
Solutions, Eckoh is all about making the world of data more
secure.
Our vision is that everyone should be able to trust every brand
and engage without risk to their personal information. We're on a
mission to set the standard for secure interactions between
consumers and the world's leading brands, and our innovative
products build trust and deliver value though exceptional
experiences.
We're trusted by many of the world's leading brands to help them
manage the personal data from customer enquiries and transactions
safely. Our solutions enable payment transactions to be performed
securely and help protect sensitive personal data across any
customer engagement channel and device the customer chooses.
Protected by multiple patents, our solutions remove sensitive
personal and payment data from contact centres and IT environments,
as the best way to secure data is not to collect it. This allows
organisations to be not just compliant but secure, increase
efficiency, lower operational costs, and provide an excellent
customer experience. This is our specialism.
Our solutions are delivered globally through multiple cloud
platforms or can be deployed on the client's site. They 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") and wider data
security regulations. Eckoh has been a PCI DSS Level One Accredited
Service Provider since 2010, and our extensive portfolio of
typically large enterprise clients spans a broad range of vertical
markets including government departments, telecoms providers,
retailers, utility providers and financial services
organisations.
For more information go to www.eckoh.com or email
MediaResponseUK@eckoh.com .
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TVRELLFLXFLXFBK
(END) Dow Jones Newswires
November 22, 2023 10:42 ET (15:42 GMT)
Eckoh (LSE:ECK)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Eckoh (LSE:ECK)
Historical Stock Chart
Von Jul 2023 bis Jul 2024