Market Purchase of Shares for EBT
Employee Benefit Trust purchased 2 million shares in market at prices between 152.77p and 158.5p per share.
- Shares purchased 2,000,000
- EBT holding after transaction 10,229,865 shares (prior 6.36% of issued capital)
- Price range 152.77p to 158.5p 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 2,000,000 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 10,229,865 Shares, representing 6.36% of Luceco's issued ordinary share capital.
| Number of shares purchased | Transaction price (per share) | Date of transaction |
|---|---|---|
| 760,000 | 1 .5277 | 31.01.2025 |
| 990,000 | 1.5835 | 07.02.2025 |
| 250,000 | 1.585 | 10.02.2025 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.