REG - Eleco PLC - PDMR Shareholding and Total Voting Rights

ElecoAnnouncement

03/03/2025 07:15

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RNS Number : 9839Y  Eleco PLC  03 March 2025

3 March 2025

 

Eleco Plc

("Eleco" or the "Company")

Exercise of Options, PDMR Shareholding and Total Voting Rights

The Board of Eleco Plc (AIM: ELCO), the specialist software provider for the
built environment, advises it has issued and allotted a total of 20,000 new
ordinary shares of 1 pence each in the Company ("Ordinary Shares") in
accordance with options exercised by Jonathan Hunter, a PDMR of the Company,
under the 2014 Share Option Plan.

Following this exercise, Jonathan Hunter is now interested in 48,361 Ordinary
Shares in the Company, representing 0.06% of the issued share capital.

Application will be made for 20,000 new Ordinary Shares to be admitted to
trading on AIM. Admission is expected to become effective on 6 March 2025.
Following Admission, Eleco PLC will have 83,332,397 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 83,332,397.

 For further information, please contact:

 Eleco plc                                                       Tel: +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer

 Neil Pritchard, Chief Financial Officer

 Cavendish Capital Markets Limited                               Tel: +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, Vertical Digital and Veeuze from centres
of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania
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, visualisation, 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 the person discharging managerial responsibilities / person closely
       associated
 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                                      Exercise of Options
 c)    Price(s) and volume(s)                                         Price(s)                     Volume(s)
       48p                                                                                         20,000
 d)    Aggregated information:                                         

       Aggregated volume                                              20,000

       Price                                                          £9,600
 e)    Date of the transaction                                        28 February 2025
 f)    Place of the transaction                                       London Stock Exchange, AIM Market

 

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