Grant of Awards Under PSP

Eckoh PLC

22 June 2023

 

22 June 2023

Eckoh plc (AIM:ECK)

("Eckoh", or the "Company", or the "Group")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

On 21 June 2023 the following nominal-cost share awards over ordinary shares of 0.25 pence in Eckoh plc were granted under the Eckoh Performance Share Plan 2017 ("PSP") to the following persons discharging managerial responsibilities:

PDMR	Position	No. of shares under Award
Nik Philpot	Chief Executive Officer	920,243
Chrissie Herbert	Chief Financial Officer	579,757

The awards have an exercise price of 0.25 pence per share and become exercisable over three years subject to continued employment and performance based on the Company's total shareholder return (50%) and annual growth of the Company's adjusted earnings per share (50%), each assessed over a 3-year performance period.

Further information on the PSP can be found within the Company's FY23 Annual Report & Accounts.

For further information please contact:

Eckoh plc Nik Philpot, Chief Executive Officer                                      Chrissie Herbert, Chief Financial Officer www.eckoh.com	Tel: [phone]
FTI Consulting LLP Ed Bridges / Emma Hall / Tom Blundell / Emily Bowen          [e-mail]	Tel: [phone]
Singer Capital Markets (Nomad & Joint Broker) Shaun Dobson / Tom Salvesen / Alex Bond www.singercm.com	Tel: [phone]
Investec Bank plc (Joint Broker) Patrick Robb/ Nick Prowting / Shalin Bhamra www.investec.com	Tel: [phone]

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 [e-mail].  

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nik Philpot
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eckoh plc
b)	LEI	213800Z885E2BBU1CR76
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 Identification code	Ordinary shares of 0.25 pence each  GB0033359141
b)	Nature of the transaction	Grant of 920,243 nominal-cost share awards over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise Price: 0.25 pence 920,243
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	21 June 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chrissie Herbert
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eckoh plc
b)	LEI	213800Z885E2BBU1CR76
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 Identification code	Ordinary shares of 0.25 pence each GB0033359141
b)	Nature of the transaction	Grant of 579,757 nominal-cost share awards over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise Price: 0.25 pence 579,757
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	21 June 2023
f)	Place of the transaction	Outside a trading venue

 

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