Market Purchase of Shares for EBT
Employee Benefit Trust purchased 1,288,208 shares in the market for employee awards.
- Shares purchased 1,288,208
- Total EBT holding after purchase 6,612,029 shares
- EBT holding as % of issued capital 4.11%
- Average purchase price £1.49 per share
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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 a total of 1,288,208 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 6,612,029 Shares, representing 4.11% of Luceco's issued ordinary share capital.
| Number of shares purchased | Transaction price (per share) | Date of transaction |
|---|---|---|
| 10,000 | 1 .4 | 02.02.2024 |
| 363,001 | 1.496436 | 09.02.2024 |
| 523,500 | 1.499984 | 16.02.2024 |
| 391,707 | 1.467474 | 23.02.2024 |
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