t
Luceco plc announced that its Employee Benefit Trust, via Apex Financial Services, purchased 1,075,000 Luceco ordinary shares in the market between April 12 and April 26, 2024, at prices ranging from £1.585 to £1.593315. Following these transactions, the Trust holds 7,953,472 shares, representing 4.95% of Luceco's issued ordinary share capital. Additionally, on April 30, 2024, four PDMRs—Jonathan Hornby, David Nix, Will Hoy, and James Hall—acquired a combined 13,227 shares at £1.6325 per share under the Luceco Share Incentive Plan.
| Date | 2 May 2024 |
| Time | 17:22:46 |
| Category | Director/PDMR dealings |
| ID | 0772N |
Luceco plc
(the "Company")
Employee Benefit Trust Share Purchase / PDMR Dealings
Luceco Plc (Luceco or the Company) has been notified by Apex Financial Services (Trust Company) Limited (Apex), acting as trustee of the Luceco plc Employee Benefit Trust (the Trust), that Apex purchased in the market a total of 1,075,000 Luceco ordinary shares with a nominal value of £0.0005 each (Shares) as set out in the table below.
The Trust holds the Shares for the purpose of satisfying awards to be awarded to beneficiaries of the Trust. The executive directors and persons discharging managerial responsibility on behalf of the Company are potential beneficiaries under the Trust and are therefore treated as having an interest in such Shares. Upon settlement of the above transaction, the Trust will hold a total of 7,953,472 Shares, representing 4.95% of Luceco's issued ordinary share capital.
|
Number of shares |
Transaction price |
Date of transaction |
|
25,000 |
£1.585 |
12.04.2024 |
|
1,000,000 |
£1.593315 |
19.04.2024 |
|
50,000 |
£1.592 |
26.04.2024 |
PDMR Dealings
The following PDMRs made purchases under the Luceco Share Incentive Plan (the SIP) on 30 April 2024 following instructions placed by each PDMR in early April 2024. The purchase details are set out below:
|
PDMR |
Total shares received |
Price |
|
Johnathan Hornby, CEO |
3306 |
£1.6325 |
|
David Nix, Director of Group Finance |
3306 |
£1.6325 |
|
Will Hoy, Chief Financial Officer |
3309 |
£1.6325 |
|
James Hall, Corporate Development Director |
3306 |
£1.6325 |
The disclosure notification information to satisfy the Company's obligations under the UK Market Abuse Regulation is set out below.
2 May 2024 / LEI: 213800BBFZK4W4P98U76
- ENDS-
|
For further information please contact: |
|
|
Luceco plc Will Hoy, Chief Financial Officer |
via the Company Secretary, Link Company Matters 033 3300 1950
|
|
Link Company Matters Michael Conway Paris Condon
|
033 3300 1950
|
LUCECO PLC (THE "COMPANY")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
The following notification made under Article 19.1 of the UK Market Abuse Regulation ("MAR") relates to the Luceco PLC Share Incentive Plan ("SIP"). This announcement[1] is made in accordance with Article 19.3 of MAR and relates to an instruction to purchase shares under the SIP in April 2024.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Jonathan Hornby
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
PDMR, Chief Executive Officer |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Luceco PLC |
|
|
b) |
LEI |
213800BBFZK4W4P98U76
|
|
|
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 £0.0005 each ISIN: GB00BZC0LP49 |
|
|
b) |
Nature of transaction |
An acquisition of shares under the Luceco Share Incentive Plan 2017 ("SIP") |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
1. £1.6325 2. Nil
|
1. 1,102 2. 2,204
|
|
d) |
Aggregated information - Aggregated volume - Price |
3,306 £1,800
|
|
|
e) |
Date of the transaction |
30 April 2024 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
The following notification made under Article 19.1 of the UK Market Abuse Regulation ("MAR") relates to the Luceco PLC Share Incentive Plan ("SIP"). This announcement[2] is made in accordance with Article 19.3 of MAR and relates to an instruction to purchase shares under the SIP in April 2024.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
David Nix
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
PDMR |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Luceco PLC |
|
|
b) |
LEI |
213800BBFZK4W4P98U76
|
|
|
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 £0.0005 each ISIN: GB00BZC0LP49 |
|
|
b) |
Nature of transaction |
An acquisition of shares under the Luceco Share Incentive Plan 2017 ("SIP") |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
1. £1.6325 2. Nil
|
1. 1,102 2. 2,204
|
|
d) |
Aggregated information - Aggregated volume - Price |
3,306 £1,800
|
|
|
e) |
Date of the transaction |
30 April 2024 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
The following notification made under Article 19.1 of the UK Market Abuse Regulation ("MAR") relates to the Luceco PLC Share Incentive Plan ("SIP"). This announcement[3] is made in accordance with Article 19.3 of MAR and relates to an instruction to purchase shares under the SIP in April 2024.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Will Hoy
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
PDMR, Chief Financial Officer |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Luceco PLC |
|
|
b) |
LEI |
213800BBFZK4W4P98U76
|
|
|
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 £0.0005 each ISIN: GB00BZC0LP49 |
|
|
b) |
Nature of transaction |
An acquisition of shares under the Luceco Share Incentive Plan 2017 ("SIP") |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
1. £1.6325 2. Nil
|
1. 1,103 2. 2,206
|
|
d) |
Aggregated information - Aggregated volume - Price |
3,309 £1,800
|
|
|
e) |
Date of the transaction |
30 April 2024 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
The following notification made under Article 19.1 of the UK Market Abuse Regulation ("MAR") relates to the Luceco PLC Share Incentive Plan ("SIP"). This announcement[4] is made in accordance with Article 19.3 of MAR and relates to an instruction to purchase shares under the SIP in April 2024.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
James Hall
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status |
PDMR |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Luceco PLC |
|
|
b) |
LEI |
213800BBFZK4W4P98U76
|
|
|
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 £0.0005 each ISIN: GB00BZC0LP49 |
|
|
b) |
Nature of transaction |
An acquisition of shares under the Luceco Share Incentive Plan 2017 ("SIP") |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
1. £1.6325 2. Nil
|
1. 1,102 2. 2,204
|
|
d) |
Aggregated information - Aggregated volume - Price |
3,306 £1,800
|
|
|
e) |
Date of the transaction |
30 April 2024 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
[1] Instructions were given by Jonathan Hornby in respect of the above-mentioned SIP purchase on or around 25 April 2024. The Company is currently in an open period which commenced on Tuesday, 26 March 2024.
[2]Instructions were given by David Nix in respect of the above-mentioned SIP purchase on or around 27 March 2024. The Company is currently in an open period which commenced on Tuesday, 26 March 2024.
[3] Instructions were given by Will Hoy in respect of the above-mentioned SIP purchase on or around 10 April 2024. The Company is currently in an open period which commenced on Tuesday, 26 March 2024.
[4] Instructions were given by James Hall in respect of the above-mentioned SIP purchase on or around 10 April 2024. The Company is currently in an open period which commenced on Tuesday, 26 March 2024.