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On 16 June 2022, EPIC Investments LLP (EIL), a person closely associated with Luceco PLC Chairman Giles Brand, completed a distribution in specie of its entire holding of 35,564,260 Luceco shares, representing 22.1% of the Company. The shares were distributed to EIL's direct, 100% parent company, ESO Investments 2 Limited, which is also a person closely associated with Giles Brand. This transaction resulted in no change to EPE Special Opportunities Limited's beneficial interest in Luceco, which remains at 35,564,260 shares or 22.1 per cent.
| Date | 17 Jun 2022 |
| Time | 09:29:18 |
| Category | Director/PDMR dealings |
| ID | 2759P |
LUCECO PLC (THE "COMPANY")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")
Luceco plc ("Luceco" or "the Company") announces that on 16 June 2022, EPIC Investments LLP ("EIL") completed the distribution in specie of its entire holding in Luceco (35,564,260 shares or 22.1 per cent of the Company) to ESO Investments 2 Limited, EIL's direct, 100% parent company. ESO Investments 2 Limited is a company in which EPE Special Opportunities Limited ("ESO") is the sole investor and is a person closely associated with Giles Brand, Chairman of Luceco. As a result of this transaction, there is no change in ESO's beneficial interest in Luceco (35,564,260 shares or 22.1 per cent of the Company).
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
EPIC Investments LLP
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2 |
Reason for the notification |
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a) |
Position/status |
PCA of Chairman of the Board |
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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 |
Luceco PLC |
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b) |
LEI |
213800BBFZK4W4P98U76
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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 Identification code |
Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 |
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b) |
Nature of transaction |
Distribution in specie of Shares to its parent company, ESO Investments 2 Limited |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil
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35,564,260 |
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d) |
Aggregated information - Aggregated volume - Price |
N/A (single transactions) |
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e) |
Date of the transaction |
2022-06-16 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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