Eckoh Technologies Regulatory News (ECK)

Eckoh plc

("Eckoh" or the "Company")

Grant of Awards under new PSP

Eckoh plc announces that on 23 November 2017 nominal cost share options were granted to each of the Executive Directors under the Eckoh Performance Share Plan 2017 (the "PSP"), which was approved for by shareholders on 20th September 2017 and adopted by the Board of the Company on 15th November 2017.

PSP awards were granted as set out in the table below:

Each of the PSP awards is subject to a Total Shareholder Return performance condition, measured over a c. 5 year performance period (from the date of the 2017 AGM to 30 days after the publication of the 2022 full year results).

About Eckoh plc

Eckoh is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK, US and Australia.

Our secure payments products, which can be hosted in the cloud or deployed on the client's site, removes sensitive personal and payment data from contact centres and IT environments. The products 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") as well as wider data security regulations. Eckoh has been a PCI DSS Level One accredited Service Provider since 2010. 

Eckoh's customer contact solutions enable enquiries to be answered through multiple channels, allowing organisations to increase efficiency, lower operational costs and provide a true omni-channel experience to their customers. We also assist organisations to transform the way that they engage with their customers by providing support and transition services as they implement our innovative customer contact solutions.

Our large portfolio of clients come from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utility providers and financial services organisations.