REG - LPA Group PLC - Exercise of Options & PDMR Dealings

LPAAnnouncement

01/02/2022 07:00

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RNS Number : 2286A  LPA Group PLC  01 February 2022

LPA GROUP PLC

("LPA" or the "Group")

Exercise of Options & PDMR Dealings

LPA Group Plc, the high reliability LED lighting, electronic and
electro-mechanical system designer and manufacturer, announces that it has
received notice of an exercise of options on 31 January 2022 from John
Hesketh, Managing Director at LPA Lighting Systems and PDMR of the Company, to
subscribe for 25,000 new ordinary shares of 10p each. The exercise price of
the options is 49 pence.

Following the exercise of options, John Hesketh sold 25,000 ordinary shares at
a price of 73.5 pence per share on 31 January 2022.

Following the above transactions, John Hesketh is beneficially interested in
50,000 ordinary shares in the Company, representing 0.37 per cent. of the
Company's issued share capital on Admission (as defined below).

Application has been made to the London Stock Exchange for the 25,000 ordinary
shares to be admitted to trading on AIM and admission is expected to occur on
or around 4 February 2022 ("Admission").

For the purpose of the Disclosure and Transparency Rules, following the above
issue of equity, the issued share capital of the Company will comprise
13,483,229 ordinary shares of 10p each. The above figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company, under the Disclosure and Transparency Rule.

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

 

 Enquires:                                   www.lpa-group.com (http://www.lpa-group.com)      Tel:

 LPA Group Plc
 Robert B Horvath                            Chairman                                          01799 512844
 Paul Curtis                                 CEO                                               01799 512858
 Chris Buckenham                             CFO                                               01799 512859

 Cairn Financial Advisers                    (Nominated Adviser)                               020 7213 0880
 James Caithie / Liam Murray

 Ludovico Lazzaretti

 finnCap                                     (Broker)                                          020 7220 0500
 Ed Frisby / Tim Harper (Corporate Finance)

 Tim Redfern / Charlotte Sutcliffe (ECM)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         John Hesketh
 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                                                         LPA Group plc
 b)  LEI                                                              2138007S67YLDN6CEF21

 
 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  LPA Group plc ordinary shares of 10p each

     Identification code

                                                                  GB0007320806
 b)  Nature of the transaction                                    Exercise of options and sale of ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)                    Volume(s)
     49p                                                                                      25,000

     73.5p                                                                                    25,000
 d)  Aggregated information

     - Aggregated volume

     - Price                                                      As above

 e)  Date of the transaction                                      31 January 2022
 f)  Place of the transaction                                     London Stock Exchange (XLON)
 g)  Additional Information                                       N/A

 

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

LPA Group plc ordinary shares of 10p each

 

GB0007320806

b)

Nature of the transaction

Exercise of options and sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

49p

73.5p

25,000

25,000

d)

Aggregated information

- Aggregated volume

- Price

 

 

As above

 

e)

Date of the transaction

31 January 2022

f)

Place of the transaction

London Stock Exchange (XLON)

g)

Additional Information

N/A

 

 

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