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LONDON - NCC Group (LON:NCCG) plc (LON:NCC (NSE:NCCL)) confirmed Wednesday it has begun a preliminary review of strategic options for its Cyber business, following media speculation about the company’s future plans.
The cybersecurity firm stated it is exploring these options in the event that a previously announced potential sale of its Escode business is completed. The company had confirmed on April 28, 2025, that it was investigating several options for Escode, including a potential sale.
The strategic review of the Cyber business includes "a range of potential outcomes, including potential offers for the entire issued, and to be issued, share capital of the Company," according to the press release statement.
NCC emphasized that the review is at "a very preliminary stage" and no decisions have been made regarding which options will be pursued. The company also clarified it is not currently in discussions with any potential offeror, nor has it received any approach at the time of the announcement.
As a result of this announcement, NCC has entered an "offer period" as defined in the City Code on Takeovers and Mergers. The Takeover Panel Executive has granted a dispensation from the requirement to identify any potential offeror with which the company may be in talks.
NCC Group , which specializes in cybersecurity and software resilience services, noted that there is no certainty that an offer will be made or what terms might be involved if one materializes.
The company’s shares are traded on the London Stock Exchange (LON:LSEG).
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