ECKOH PLC

Remuneration Information • Feb 13, 2017

National Storage Mechanism | Additional information

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RNS Number : 6700W

Eckoh PLC

13 February 2017

Eckoh plc

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

Exercise of Options and Directors' Shareholding

Eckoh announces that it has issued 330,000 new ordinary shares in the capital of the Company (the "New Shares") following an exercise of share options by Adam Moloney; Group Finance Director. Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM, with dealings expected to commence on 24 February 2017 ("Admission").

Following Admission, the Company's will have a total of 242,930,059 Ordinary Shares in issue each carrying one voting right. The Company does not hold any Ordinary Shares in Treasury. Shareholders may use this figure of 242,930,059 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.

Following this issue, the Company was notified that of the New Shares, 165,487 shares were sold on 10 February 2017 at a price of 38.175p per share (the "Sale") to fund the tax cost arising from the exercise. Following the issue of the New Shares and subsequent Sale, Adam Moloney's holding in the Company has increased to 1,414,513 ordinary shares, representing 0.58 per cent. of the Company's total voting rights, as enlarged following Admission.

For further enquiries, please contact:

Eckoh plc                                                         Tel: 01442 458 300

Nik Philpot, Chief Executive Officer

Adam Moloney, Group Finance Director

www.eckoh.com                                               

Buchanan                                                        Tel: 020 7466 5000

Giles Sanderson, Steph Watson

www.buchanan.uk.com              

N+1 Singer                                                       Tel: 020 7496 3000

Shaun Dobson, Lauren Kettle

www.n1singer.com 

Berenberg

Ben Wright, Chris Bowman, Amritha Murali         Tel: 020 3207 7800

www.berenberg.de/en 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adam Moloney

2

Reason for the notification

a)

Position/status

Group Finance Director of Eckoh plc

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 0.25p each ("Ordinary Shares")

ISIN Code: GB0033359141

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s):	Volume(s):
nil pence	330,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

10 February 2017

f)

Place of the transaction

Off market transaction

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adam Moloney

2

Reason for the notification

a)

Position/status

Group Finance Director of Eckoh plc

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 0.25p each ("Ordinary Shares")

ISIN Code: GB0033359141

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s):	Volume(s):
38.175 pence	165,487

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

10 February 2017

f)

Place of the transaction

London Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

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