Luceco (LUCE): BlackRock, Inc. selling down

This situation live

LUCE Luceco

£309m · 204.0p · +56% since the first step

4 Dec 2025 · 12% · +2% until the next step BlackRock, Inc.: 12% (from 11.92%)

8 Dec 2025 · 11.96% · +21% until the next step BlackRock, Inc.: 11.96% (from 12%)

9 Feb 2026 · 11.18% · +7% until the next step BlackRock, Inc.: 11.18% (from 11.96%)

13 Feb 2026 · 10.91% · −2% until the next step BlackRock, Inc.: 10.91% (from 11.18%)

17 Feb 2026 · 10.14% · +8% until the next step BlackRock, Inc.: 10.14% (from 10.91%)

19 Feb 2026 · 9.73% · +45% until the next step BlackRock, Inc.: 9.73% (from 10.14%)

22 May 2026 · 12% → 5% in 6 notices · −24% since BlackRock, Inc.: 5% (from 9.73%)

Overhang

BlackRock, Inc. selling down

12% → 5% in 6 notices

HolderBlackRock, Inc.

Stake12% → 5%

Sold7 points in 6 notices over 165 days

As of 22 May 2026 ↗

Since Oct 2023: 170 situations of this kind – holder sold out 61%, selling stopped 39%; median share price -11% six months after they opened

Next: 5% still held

Every step · 7

4 Dec 2025 12% – BlackRock, Inc.: 12% (from 11.92%) ↗
8 Dec 2025 11.96% – BlackRock, Inc.: 11.96% (from 12%) ↗
9 Feb 2026 11.18% – BlackRock, Inc.: 11.18% (from 11.96%) ↗
13 Feb 2026 10.91% – BlackRock, Inc.: 10.91% (from 11.18%) ↗
17 Feb 2026 10.14% – BlackRock, Inc.: 10.14% (from 10.91%) ↗
19 Feb 2026 9.73% – BlackRock, Inc.: 9.73% (from 10.14%) ↗
22 May 2026 12% → 5% in 6 notices – BlackRock, Inc.: 5% (from 9.73%) ↗

What is happening

Luceco: BlackRock, Inc. selling down – 12% → 5% in 6 notices. ['12% → 5% in 6 notices']

What comes next

5% still held.

Briefing

Luceco in 4 minutes

Luceco makes the sockets, switches, LED lights, portable power products and EV chargers that electricians fit in British homes and workplaces, largely from its own factory in Jiaxing, China. For years it grew a few...

Act 1Steady margins and cash, then a first deal
Act 2Two acquisitions, a shipping scare and £69m of debt
Act 3Paying down debt while EV sales took off

Read the briefing →

From the company's own announcements. Not investment advice.

Also at Luceco 0 open

Insider conviction1 director buying – £50k in 1 buy · closed Insider conviction2 directors buying – £170k in 2 buys · closed Insider conviction2 directors buying – £117k in 2 buys · closed Insider conviction2 directors buying – £227k in 3 buys · closed Luceco – company page →