Crossword Cybersecurity PLC Director/PDMR Shareholding (5686Z)
May 16 2023 - 4:53AM
UK Regulatory
TIDMCCS
RNS Number : 5686Z
Crossword Cybersecurity PLC
16 May 2023
Crossword Cybersecurity Plc
Director's share purchase
16 May 2023 - London, UK - Crossword Cybersecurity Plc (AIM:CCS,
"Crossword", the "Company" or the "Group"), the technology
commercialisation company focused on cyber security and risk,
announces that Tom Ilube, the Company's Chief Executive Officer,
has acquired 9,687 Ordinary Shares of 0.5p each ("Ordinary Shares")
at a price of 8p per Ordinary Share. Following this share purchase,
Tom Ilube has 14,632,569 Ordinary Shares representing 15.61 per
cent. of the Company's voting rights.
Further details are set out in the PDMR form below, made in
accordance with the Market Abuse Regulation (EU) No. 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Tom Ilube
-------------------------- ------------------------------------------
Reason for the notification
2
----------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Crossword Cybersecurity plc
-------------------------- ------------------------------------------
b) LEI 213800FJNJGZBUSOZQ63
-------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 0.5p each
financial instrument,
type of instrument GB00BNG2LT65
Identification code
-------------------------- ------------------------------------------
b) Nature of the transaction On-market purchase
-------------------------- ------------------------------------------
c) Price(s) and volume(s) Price 8p Volume 9,687
-------------------------- ------------------------------------------
d) Aggregated information N/A - single transaction
-------------------------- ------------------------------------------
e) Date of the transaction 16/05/2023
-------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange's AIM Market (XLON)
-------------------------- ------------------------------------------
Contacts
Crossword Cybersecurity plc - Tel: +44 (0) 333 090 2587
Email: info@crosswordcybersecurity.com
Tom Ilube, Chief Executive Officer
Mary Dowd, Chief Financial Officer
Grant Thornton (Nominated Adviser) - Tel: +44 (0) 20 7383
5100
Colin Aaronson / Jamie Barklem / Ciara Donnelly
Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341
Claire Louise Noyce
For media enquiries contact:
Financial PR:
David Hothersall, Kinlan Communications
davidh@kinlan.net - Tel: +44 (0) 207 638 3435
General:
Duncan Gurney, GingerPR
duncan@gingerpr.co.uk - Tel: +44 (0)1932 485 300
About Crossword Cybersecurity plc
Crossword offers a range of cyber security solutions to help
companies understand and reduce cyber security risk. We do this
through a combination of people and technology, in the form of SaaS
and software products, consulting, and managed services.
Crossword's areas of emphasis are cyber security strategy and risk,
supply chain cyber, threat detection and response, and digital
identity and the aim is to build up a portfolio of cyber security
products and services with recurring revenue models in these four
areas. We work closely with UK universities and our products and
services are often powered by academic research-driven insights. In
the area of cybersecurity strategy and risk our consulting services
include cyber maturity assessments, industry certifications, and
virtual chief information security officer (vCISO) managed
services.
Crossword's end-to-end supply chain cyber standard operating
model (SCC SOM) is supported by our best-selling SaaS platform,
Rizikon Assurance, along with cost-effective cyber audits, security
testing services and complete managed services for supply chain
cyber risk management. Threat detection and response services
include our Nightingale AI-based network monitoring, our Trillion
and Arc breached credentials tracking platforms, and incident
response. Crossword's work in digital identity is based on the
World Wide Web Consortium W3C verifiable credentials standard and
our current solution, Identiproof, enables secure digital
verification of individuals to prevent fraud.
Crossword serves medium and large clients including FTSE 100,
FTSE 250 and S&P listed companies in various sectors, such as
defence, insurance, investment and retail banks, private equity,
education, technology and manufacturing and has offices in the UK,
Poland and Oman. Crossword is traded on the AIM market of the
London Stock Exchange.
Visit Crossword at https://www.crosswordcybersecurity.com/
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END
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