Exercise of Options, PDMR Shareholding and TVR
Eleco Plc has issued 187,812 new ordinary shares following the exercise of options by Chief Executive Officer Jonathan Hunter and Chief Financial Officer Neil Pritchard. Mr. Hunter now holds 289,968 shares, representing 0.34% of the issued capital, while Mr. Pritchard holds 66,205 shares, representing 0.08%. These new shares, admitted to trading on AIM on June 3, 2026, will bring the total issued ordinary shares to 84,387,572, with an equal number of voting rights.
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The Board of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, advises it has issued and allotted a total of 187,812 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") in accordance with options exercised by Jonathan Hunter, Chief Executive Officer of Eleco, and Neil Priotchard, Chief Financial Officer of Eleco, under the 2014 Share Option Plan.
Following this exercise, Jonathan Hunter is now interested in 289,968 Ordinary Shares in the Company, representing 0.34% of the issued share capital, and Neil Pritchard is now interested in 66,205 Ordinary Shares in the Company, representing 0.08% of the issued share capital.
Application will be made for 187,812 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 3 June 2026. Following Admission, Eleco PLC will have 84,387,572 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 84,387,572.
For further information please visit www.eleco.com.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jonathan Hunter | |
| 2. | Reason for the Notification | ||
| a) | Position / status | Chief Executive Officer | |
| b) | Initial notification /amendment | Initial notification | |
| a) | Name | Eleco plc | |
| b) | LEI | 21380016GT9Z6ZQX4T37 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each | |
| Identification code | ELCO GB0003081246 | ||
| b) | Nature of the transaction | Exercise of Options | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 48p | 80,000 | ||
| 1p | 61,607 | ||
| d) | Aggregated information: Aggregated volume Price | 141,607 £39,016.07 | |
| e) | Date of the transaction | 28 May 2026 | |
| f) | Place of the transaction | London Stock Exchange, AIM Market | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Neil Pritchard | |
| 2. | Reason for the Notification | ||
| a) | Position / status | Chief Financial Officer | |
| b) | Initial notification /amendment | Initial notification | |
| a) | Name | Eleco plc | |
| b) | LEI | 21380016GT9Z6ZQX4T37 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each | |
| Identification code | ELCO GB0003081246 | ||
| b) | Nature of the transaction | Exercise of Options | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1p | 46,205 | ||
| d) | Aggregated information: Aggregated volume Price | 46,205 £462.05 | |
| e) | Date of the transaction | 28 May 2026 | |
| f) | Place of the transaction | London Stock Exchange, AIM Market |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.