The Company today announces that on 11 December 2013 Adam Moloney, Finance Director of Eckoh, has exercised the following options over 1,000,000 ordinary shares of 0.25p each in the Company in accordance with the rules of the Eckoh plc share option scheme (1999). The exercise of the options was satisfied by shares previously held in the Eckoh Employee Incentive Trust. Following this transaction Adam Moloney has increased his holding in the Company.
Name: Adam Moloney
Options excercised: 1,000,000
Exercise price: 5.125p
No. of ord. shares received: 1,000,000
Following the exercise of the options above, the Company was informed on 16 December 2013 that Adam Moloney has sold 750,000 ordinary shares in Eckoh at a price of 28.125 pence per share predominantly in order to cover the cost of exercise and the tax charge that crystallises on completion.As a result of these transactions, Adam Moloney has increased his beneficial shareholding from 472,705 to 722,705 ordinary shares, which now represents 0.4% of the Company's total voting rights.
Nik Philpot, Chief Executive Officer Tel: 01442 458 300
Adam Moloney, Group Finance Director
Jeremy Garcia, Gabriella Clinkard Tel: 020 7466 5000
Shaun Dobson, Matthew Thomas Tel: 020 7496 3000
About Eckoh plc
Eckoh plc (AIM: ECK) is the UK's leading provider of multi-channel customer service and secure payment solutions. We are a PCI DSS Level One accredited Service Provider, currently processing over £300 million in card payments annually.Eckoh's solutions enable payments, transactions and enquiries to be processed without the caller needing to talk to a contact centre agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex enquiries. Eckoh is the largest provider of such hosted services in the UK.Our secure and resilient infrastructure has the scalability to handle up to 6,000 calls simultaneously, which means that calls will always be answered no matter how unpredictable the circumstances.For more information, visit: www.eckoh.com