REG - Luceco PLC - Director/PDMR Shareholding

LucecoAnnouncement

03/07/2019 16:25

RNS Number : 4105E
Luceco PLC
03 July 2019
 


LUCECO PLC (THE "COMPANY")
 
GRANT OF AWARD UNDER LUCECO 2017 PERFORMANCE SHARE PLAN
 
Grant of an award to James Hall
 
The Company announces that James Hall, a Person Discharging Managerial Responsibility, has been granted an award under the Luceco 2017 Performance Share Plan (the "PSP").
 
The award is in the form of a nil-cost option over 43,522 ordinary shares of 0.05 pence in the Company.
 
The award will vest subject to the satisfaction of performance conditions measuring the Company's earnings per share and total shareholder return performance. Earnings per share will be measured over the three financial years from 1 January 2019 to 31 December 2021. Total shareholder return will be measured over the three year period from 1 July 2019 to 1 July 2022. No consideration was paid for the award.
 
This notification is made in accordance with the Market Abuse Regulation ("MAR"). 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


James Hall




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


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


Awards of ordinary shares of £0.0005 each
  ISIN: GB00BZC0LP49




b)


Nature of transaction


Grant of a conditional award under the Luceco plc Performance Share Plan ("PSP") on 1 July 2019.  No consideration was paid for the grant of the award.




c)


Price(s) and volume(s)


Price(s)


Volume(s)












Nil


43,522




d)


Aggregated information
-      Aggregated volume
-      Price


 
 N/A (Single transaction)




e)


Date of the transaction


1 July 2019




f)


Place of the transaction


Outside a trading venue (XOFF)



 




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