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Eleco Plc announced on 3 March 2025 that it issued 20,000 new ordinary shares of 1 pence each following the exercise of options by PDMR Jonathan Hunter on 28 February 2025 at 48p per share. Following this, Jonathan Hunter is interested in 48,361 Ordinary Shares, representing 0.06% of the issued share capital. Admission of these new shares to AIM is expected on 6 March 2025, resulting in Eleco Plc having 83,332,397 Ordinary Shares in issue.
| Date | 3 Mar 2025 |
| Time | 07:00:11 |
| Category | Director/PDMR dealings |
| ID | 9839Y |
3 March 2025
Eleco Plc
("Eleco" or the "Company")
Exercise of Options, PDMR Shareholding and Total Voting Rights
The Board of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, advises it has issued and allotted a total of 20,000 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") in accordance with options exercised by Jonathan Hunter, a PDMR of the Company, under the 2014 Share Option Plan.
Following this exercise, Jonathan Hunter is now interested in 48,361 Ordinary Shares in the Company, representing 0.06% of the issued share capital.
Application will be made for 20,000 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 6 March 2025. Following Admission, Eleco PLC will have 83,332,397 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 83,332,397.
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For further information, please contact:
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Eleco plc |
Tel: +44 (0)20 7422 8000 |
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Jonathan Hunter, Chief Executive Officer Neil Pritchard, Chief Financial Officer |
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Cavendish Capital Markets Limited |
Tel: +44 (0)20 7220 0500 |
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Geoff Nash / Seamus Fricker / Elysia Bough (Corporate Finance) Louise Talbot (Sales) / Harriet Ward (ECM) |
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About Eleco plc
Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the built environment through its operating brands Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze from centres of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania and the USA.
The Company's software solutions are trusted by international customers and used throughout the building lifecycle from early planning and design stages to construction, interior fit out, asset management and facilities management to support project management, estimation, visualisation, Building Information Modelling (BIM) and property management.
For further information please visit www.eleco.com.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jonathan Hunter
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2. |
Reason for the Notification |
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a) |
Position / status |
Chief Executive Officer |
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b) |
Initial notification /amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Eleco plc |
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b) |
LEI |
21380016GT9Z6ZQX4T37 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1p each |
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Identification code |
ELCO GB0003081246 |
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b) |
Nature of the transaction |
Exercise of Options |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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48p |
20,000 |
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d) |
Aggregated information: Aggregated volume Price |
20,000 £9,600 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market |
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