REG - Eleco PLC - Exercise of Options, PDMR Shareholding and TVR

ElecoAnnouncement

30/06/2021 07:05

RNS Number : 5588D
  
Eleco PLC
  
30 June 2021
  
 

30 June 2021
Eleco Plc 
("Eleco" or the "Company") 
Exercise of Options, PDMR Shareholding and Total Voting Rights
The Board of Eleco (AIM: ELCO), the AIM-listed construction software specialist, advises it has issued and allotted a total of 25,000 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") in accordance with options exercised by Mark Dixon, a PDMR of the Company, under the 2014 Share Option Plan. 
Following this exercise, Mark Dixon subsequently sold 25,000 Ordinary Shares at a price of 132 pence per share on 29 June 2021. Following the above transactions, Mark Dixon has no interest in Ordinary Shares in the Company. 
Application will be made for 25,000 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 5 July 2021. Following Admission, Eleco will have 83,104,650 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 83,104,650.



For further information, please contact:
 








Eleco plc


Tel: +44 (0)20 7422 8000




Serena Lang, Executive Chairman








Jonathan Hunter, Chief Executive Officer
Robert Tearle, Chief Financial Officer








 
finnCap Limited, NOMAD and broker


 
Tel: +44 (0)20 7220 0500




Geoff Nash / Kate Bannatyne / (Nomad)








Richard Chambers, Charlotte Sutcliffe (ECM)








SEC Newgate 
Elisabeth Cowell / Isabelle Smurfit


 
Tel: +44 (0)20 3757 6880








eleco@secnewgate.co.uk



 
About Eleco plc
Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner/Operator (AECO) industries and interior furnishing industries from centres of excellence in the UK, Sweden, Germany, Netherlands and the USA.
The Company's market-leading Elecosoft software solutions are developed by teams in the United Kingdom, Sweden and Germany, and its solutions include  project management, estimating, timber engineering, CAD and visualisation, asset and facility management and cloud-based digital marketing solutions.
For further information please visit  www.eleco.com.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Mark Dixon




2.               


Reason for the Notification




a)


Position/status


PDMR




b)


Initial notification/Amendment


Initial notification




3.    


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




a)


Name


Eleco plc




b)


LEI


21380016GT9Z6ZQX4T37




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


Ordinary shares of 1 pence each ("Ordinary Shares")




Identification code


ELCO  GB0003081246




b)


Nature of the transaction


Exercise of Options and Sale of Ordinary Shares




c)


Price(s) and volume(s)









Number 


Price 




Exercise of Options


25,000


48p




Sale of Ordinary Shares 


25,000


132p








d)


Aggregated information:
Aggregated volume
Price


 
See 4c) above
 




e)


Date of the transaction


29 June 2021




f)


Place of the transaction









London Stock Exchange, AIM Market







 
 
 

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