Director/PDMR Shareholding
Luceco PLC announced on April 2, 2026, that several Persons Discharging Managerial Responsibility (PDMRs) were granted nil-cost options under the 2017 Performance Share Plan. The Chief Executive Officer received 393,220 shares, the Chief Financial Officer received 335,686 shares, the Corporate Development Director received 73,042 shares, the Managing Director of Europe received 78,725 shares, and the Director of Group Finance received 66,334 shares. These awards are subject to continued employment and performance conditions related to earnings per share and total shareholder return, with vesting occurring between January 1, 2026, and December 31, 2028.
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The Company announces that awards have been granted to the following Persons Discharging Managerial Responsibility ("PDMRs") under the Luceco 2017 Performance Share Plan ("PSP"), which was approved by shareholders at the Company's AGM held on 25 May 2017.
Each of the following PDMRs has, on 1 April 2026, been granted awards in the form of nil-cost options over the number of ordinary shares of 0.05p in the Company under the terms of the PSP as set out below.
| PDMR | Role | Number of shares subject to award |
|---|---|---|
| John Hornby | Chief Executive Officer | 393,220 |
| Will Hoy | Chief Financial Officer | 335,686 |
| James Hall | Corporate Development Director | 73,042 |
| Wayne Hill | Managing Director - Europe | 78,725 |
| David Nix | Director of Group Finance | 66,334 |
The awards will vest subject to continued employment and the satisfaction of performance conditions measuring the Company's earnings per share and total shareholder return performance. The extent to which awards will vest will depend on the extent to which the performance conditions are satisfied over the performance period, which runs from 1 January 2026 to 31 December 2028 for the earnings per share performance conditions and for three years from the date of grant for the total shareholder return performance condition. No consideration was paid for any of the awards.
| 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 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 | |
| b) | Nature of transaction | Grant of awards in the form of nil-cost options over ordinary shares of 0.05p in the Company under the Luceco Performance Share Plan 2017 | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 393,220 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction) | |
| e) | Date of the transaction | 1 April 2026 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 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 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 | |
| b) | Nature of transaction | Grant of awards in the form of nil-cost options over ordinary shares of 0.05p in the Company under the Luceco Performance Share Plan 2017 | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 335,686 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction) | |
| e) | Date of the transaction | 1 April 2026 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 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 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 | |
| b) | Nature of transaction | Grant of awards in the form of nil-cost options over ordinary shares of 0.05p in the Company under the Luceco Performance Share Plan 2017 | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 73,042 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction) | |
| e) | Date of the transaction | 1 April 2026 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Wayne Hill | |
| 2 | Reason for the notification | ||
| a) | Position/status | PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Luceco PLC | |
| b) | LEI | 213800BBFZK4W4P98U76 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 | |
| b) | Nature of transaction | Grant of awards in the form of nil-cost options over ordinary shares of 0.05p in the Company under the Luceco Performance Share Plan 2017 | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 78,725 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction) | |
| e) | Date of the transaction | 1 April 2026 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 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 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0005 each ISIN: GB00BZC0LP49 | |
| b) | Nature of transaction | Grant of awards in the form of nil-cost options over ordinary shares of 0.05p in the Company under the Luceco Performance Share Plan 2017 | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 66,334 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction) | |
| e) | Date of the transaction | 1 April 2026 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.