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RNS Number : 9408D
Luceco PLC
02 May 2017
 

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the Luceco PLC Share Incentive Plan. This announcement is made in accordance with Article 19.3 of MAR.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.   David Cleaver

2.   Richard Gardner

3.   Wayne Hill

4.   Michael Laycock

5.   Lyndsey Martin

6.   Ian Pritchard

7.   Simon Shenton

8.   John Williams

2

Reason for the notification

a)

Position/status

1.   PDMR

2.   PDMR

3.   PDMR

4.   PDMR

5.   PDMR

6.   PDMR

7.   PDMR

8.   PDMR

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Luceco PLC

b)

LEI

213800BBFZK4W4P98U76

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

 

Ordinary shares of £0.0005 each

 

ISIN: GB00BZC0LP49

 

b)

Nature of transaction

1,2,3,4,5,6,7 and 8  - An award of Ordinary Shares made under the Luceco PLC Share Incentive Plan ("SIP") on 27 April 2017. 

 

Awarded at no cost to SIP participants ("Free Shares"), participants received Free Shares equivalent to 1% of the previous year's salary for each year of service, up to a maximum of £3,600 per tax year, with reference to a share price of £2.493, being the average of the middle market quotations of an ordinary share on the London Stock Exchange over the 5 dealing days immediately prior to the grant date. 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



1.   £2.493

2.   £2.493

3.   £2.493

4.   £2.493

5.   £2.493

6.   £2.493

7.   £2.493

8.   £2.493

1.   1,444

2.   1,444

3.   1,444

4.   1,444

5.   673

6.   1,444

7.   288

8.   1,010

d)

Aggregated information

-      Aggregated volume

-      Price

 

N/A (Single transaction)

e)

Date of the transaction

27  April 2017

f)

Place of the transaction

London

 

 

2 May 2017

 

Luceco plc                                                via MHP Communications

 

 

David Main, Chief Financial Officer                020 3128 8100

 

 

MHP Communications                                020 3128 8100

 

Tim Rowntree

 

James White

 

Rossina Garcia

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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