EBT Share Purchase and PDMR Dealings
Employee Benefit Trust purchased 1.075m shares; four PDMRs acquired shares under Share Incentive Plan.
- Shares purchased by EBT 1,075,000
- EBT holding after transaction 7,953,472 shares (4.95% of issued capital)
- Average price paid by EBT £1.5903 per share
- Shares acquired by CEO (Hornby) 3,306 at £1.6325
- Shares acquired by CFO (Hoy) 3,309 at £1.6325
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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 purchased | Transaction price (per share) | 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
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 | |
| a) | Name | Luceco PLC | |
| b) | LEI | 213800BBFZK4W4P98U76 | |
| 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 | |
| a) | Name | Luceco PLC | |
| b) | LEI | 213800BBFZK4W4P98U76 | |
| 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 | |
| a) | Name | Luceco PLC | |
| b) | LEI | 213800BBFZK4W4P98U76 | |
| 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 | |
| a) | Name | Luceco PLC | |
| b) | LEI | 213800BBFZK4W4P98U76 | |
| 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.