Market Purchase of Shares for EBT
Employee Benefit Trust purchased 741,645 shares at £1.18 per share for employee awards.
- Shares purchased 741,645
- Price per share £1.18
- Total shares held by EBT 6,204,877
- EBT holding as % of issued capital 3.86%
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Luceco Plc (Luceco or the Company) was 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 741,645 Luceco ordinary shares with a nominal value of £0.0005 each (Shares) at a price of £1.18 (rounded to two decimal points) per Share, traded on 19 October 2023 with a settlement date of 23 October 2023.
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 6,204,877 Shares, representing approximately 3.86% of Luceco's issued ordinary share capital.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.