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Pre-Close Update and Directors' Interest in Shares

10th Jan 2018 07:00

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 £1.6 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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