Source - LSE Regulatory
RNS Number : 2940R
Crossword Cybersecurity PLC
25 October 2023
 

Crossword Cybersecurity Plc

Non-Executive Director's share purchase

 

25 October 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 Robert Coles, a Non-Executive Director of the Company, has acquired 222,211 Ordinary Shares of 0.5p each ("Ordinary Shares") at a price of 9.0p per Ordinary Share. Robert does not hold any shares in Crossword other than this share purchase, which represents 0.24 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.

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Coles

2

Reason for the notification 

a)

Position/status 

Non-Executive Director

 

b)

Initial notification /Amendment 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name 

Crossword Cybersecurity plc

b)

LEI  

213800FJNJGZBUSOZQ63

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 0.5p each

 

GB00BNG2LT65

b)

Nature of the transaction 

On-market purchase

c)

Price(s) and volume(s)

 

Price       9.0p        Volume 222,211

d)

 

Aggregated information 

N/A - single transaction

e)

Date of the transaction 

24/10/2023

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:

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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