REG - Eleco PLC - Grant of Options

ElecoAnnouncement

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RNS Number : 3161G  Eleco PLC  01 June 2026

1 June 2026

Eleco Plc

("Eleco", "Group" or the "Company")

 

Grant of Options

 

Eleco plc (AIM: ELCO), the specialist software provider for the built
environment, announces that on 29 May 2026 the Remuneration Committee granted
a total of 925,000 new share options (the "Options") over ordinary shares of 1
pence each ("Ordinary Shares") in the Company. All of the Options are nominal
cost options.

Following this grant of Options, Eleco has options outstanding over
4,845,000Ordinary Shares, representing approximately 5.74 per cent. of the
Company's issued share capital.

Of the 925,000 Options, 250,000 Options were granted to Jonathan Hunter, CEO,
and 200,000 Options were granted to Neil Pritchard, CFO. All of the Options
shall vest after 3 years if certain performance criteria related to growth in
revenue, profit and share price are met. To fully vest, Eleco will need to
deliver significant growth from current levels. The Options are also subject
to the recipient remaining in continuous employment with the Group and
standard change of control provisions governed by the Eleco 2014 Share Option
Plan.

105,000 Options were granted to other PDMRs of the Company as set out below
and 370,000 Options were granted to various other employees of the Company.
All of these Options are nominal cost options that shall vest after 3 years if
performance related to share price growth is met.

 

 Director/PDMR     Options granted on 29 May 2026  Total options held post grant
 Jonathan Hunter   250,000                         1,175,000
 Neil Pritchard    200,000                         800,000
 Mark Chapman      25,000                          185,000
 Richard Fletcher  40,000                          115,000
 Alex Gheboianu    40,000                          165,000

 

The Options are issued under the Eleco 2014 Share Option Plan and are
exercisable up to 29 May 2036, subject to the achievement of the performance
criteria.

 

Enquiries:

 

 Eleco plc                                                       +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer
 Neil Pritchard, Chief Financial Officer

 Cavendish Capital Markets Limited                               +44 (0)20 7220 0500
 Geoff Nash / Seamus Fricker / Elysia Bough (Corporate Finance)
 Louise Talbot (Sales) / Harriet Ward (ECM)

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of
software and related services to the built environment through its operating
brands Elecosoft, BestOutcome, Pemac and Eleco Technologies from centres of
excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania,
Australia and the USA.

The Company's software solutions are trusted by international customers and
used throughout the building lifecycle from early planning and design stages
to construction, interior fit out, asset management and facilities management
to support project management, estimation, Building Information Modelling
(BIM) and property management.

For further information please visit www.eleco.com (http://www.eleco.com) .

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                         Jonathan Hunter

 2.  Reason for the Notification
 a)  Position / status                                            Chief Executive Officer
 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 1p each
     Identification code                                          ELCO GB0003081246
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                  Exercise price of 1p       250,000
 d)  Aggregated information:

     Aggregated volume                                            n/a

     Price
 e)  Date of the transaction                                      29 May 2026
 f)  Place of the transaction                                     Outside of a trading venue

 

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                         Neil Pritchard

 2.  Reason for the Notification
 a)  Position / status                                            Chief Financial Officer
 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 1p each
     Identification code                                          ELCO GB0003081246
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                  Exercise price of 1p       200,000
 d)  Aggregated information:

     Aggregated volume                                            n/a

     Price
 e)  Date of the transaction                                      29 May 2026
 f)  Place of the transaction                                     Outside of a trading venue

 

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                         Mark Chapman

 2.  Reason for the Notification
 a)  Position / status                                            Head of Innovation / 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 1p each
     Identification code                                          ELCO GB0003081246
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                  Exercise price of 1p       25,000
 d)  Aggregated information:

     Aggregated volume                                            n/a

     Price
 e)  Date of the transaction                                      29 May 2026
 f)  Place of the transaction                                     Outside of a trading venue

 

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                         Richard Fletcher

 2.  Reason for the Notification
 a)  Position / status                                            Chief Revenue Officer / 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 1p each
     Identification code                                          ELCO GB0003081246
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                  Exercise price of 1p       40,000
 d)  Aggregated information:

     Aggregated volume                                            n/a

     Price
 e)  Date of the transaction                                      29 May 2026
 f)  Place of the transaction                                     Outside of a trading venue

 

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                         Alex Gheboianu
 2.  Reason for the Notification
 a)  Position / status                                            Chief Technology Officer / 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 1p each
     Identification code                                          ELCO GB0003081246
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)                                       Price(s)                   Volume(s)
                                                                  Exercise price of 1p       40,000
 d)  Aggregated information:

     Aggregated volume                                            n/a

     Price
 e)  Date of the transaction                                      29 May 2026
 f)  Place of the transaction                                     Outside of a trading venue

 

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