Bradford-based ECSC Group admitted to London Stock Exchange
Cyber security provider ECSC Group, which counts the likes of Barclays and GCHQ amongst its clientbase, has announced its admission to the AIM Market of the London Stock Exchange.
The Bradford-based firm, which has over 15 years’ experience in the design, implementation and management of cyber security solutions, says the placing will help execute its growth strategy.
Hoping to raise sufficient capital backing, investment in the company will go towards increasing staffing levels and opening an Australian Security Operations Centre, enabling ECSC to provide a 24/7/365 managed service and incident response.
The company’s directors also believe the admission will, amongst other things, increase its profile and increase its likelihood of retaining and incentivising key employees.
Ian Mann, CEO of ECSC, spoke of his delight in ECSC joining the AIM.
He explained: “The listing will expedite the execution of our detailed growth strategy and take the Company to the next phase as we look to build on our existing blue-chip client base and our proven organic growth to date.
“The listing will also enhance ECSC’s profile and further enhance our credibility with potential clients and employees and will provide access to the UK equity markets to support future growth.
“We are excited by the opportunities that now present themselves to us as a listed entity. With the funding from our IPO and a strong board we feel we have never been better placed to target the significant market opportunity.
“We look forward to updating our new shareholders and other investors with our progress as a public company in due course.”
Looking to promote your product or service? Bdaily Marketing can help you reach a regional business audience. Request our latest Media Pack →