ECSC.L Regulatory News (ECSC)

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

16 April 2018

ECSC Group plc

("ECSC" or the "Company")

Board changes

Further to the announcement of 5th April 2018 the board of ECSC is pleased to announce the appointment of Elizabeth Gooch MBE as a Non-Executive Director, with immediate effect. Elizabeth was CEO of EG Solutions plc taking the business from its founding in 1988 through to its ultimate sale to Verint Systems Inc. in 2017.

In addition, the following board and management changes have been implemented: Ian Mann rejoins the board as an Executive Director, with immediate effect, whilst Steve Hammell, CFO, and Steve Vaughan, Non-Executive Director, resigned from the board, on 13th April 2018. Lucy Sharp, previously the COO of the Company and an Executive Board Director, has been appointed to serve as interim CEO and David Mathewson, Non-Executive Chairman, will oversee the finance function whilst a review of the business is completed.

The board has a clear objective of returning the business to a significant growth trajectory and is delighted that Elizabeth Gooch will be bringing her expertise to bear during this process. The board continues to believe that ECSC can be a successful growth company in the cyber security sector and will be working to ensure the Company achieves its market potential.

David Mathewson commented, "I am delighted to have someone of the stature and relevant experience of Elizabeth joining us. I would also like to take this opportunity to thank Steve Vaughan and Steve Hammell for their significant contribution to the Company."

The information required by Schedule 2 paragraph (g) of the AIM Rules for Companies in respect of Elizabeth Gooch and Ian Mann is set out in the Appendix.

Enquiries:

Appendix

Regulatory disclosures (in accordance with Rule 17 and Schedule Two, paragraph (g), of the AIM Rules for Companies):

Elizabeth Ann Gooch, aged 57, is, or has been during the last five years, a director of the following companies:

Current directorships:

Athene Value Creation Solutions Limited

Athene VCS Limited

Athene Venture Capital Solutions Limited

Mitton Manor Gardens Limited

Mitton Manor Limited

Tech Growth Factory Limited

Previous directorships:

EG International Limited

EG Solutions EBT Limited

EG Solutions Group Limited

EG Solutions Limited (Previously EG Solutions Plc)

XTAQ Limited

Ian Charles Mann, aged 50, has been a director of the following companies during the last five years:

Previous directorships

ECSC Australia Limited

ECSC Group Plc

ECSC Labs Limited

ECSC Services Limited

Ian Mann is a member of the Mann Concert Party, as defined in the Company's Admission Document, and has an interest in 1,698,690 ordinary shares in the capital of the Company, equivalent to 18.7%. Ravinder Mann, the wife of Ian Mann, holds a further 1,719,068 ordinary shares representing 18.9% of the Company's share capital.

No further disclosures are required under Rule 17 and Schedule Two, paragraph (g), of the AIM Rules for Companies.

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.