Luceco logo

LUCE - Luceco News Story

305p 12.0  4.1%

Last Trade - 13/04/21

Sector
Industrials
Size
Mid Cap
Market Cap £471.1m
Enterprise Value £489.4m
Revenue £176.2m
Position in Universe 614th / 1820

Luceco PLC - Director/PDMR Shareholding

Wed 18th November, 2020 10:24am
RNS Number : 7309F
Luceco PLC
18 November 2020
 

Luceco plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 

Luceco PLC ("Luceco" or "the Company") has been advised that on 16 November 2020, EPIC Investments LLP ("EIL") sold 4,000,000 shares in Luceco (2.5% of the Company) at a price of 250p per share. EIL is a limited liability partnership, in which EPE Special Opportunities Limited ("ESO") is the sole investor and is a person closely associated with Giles Brand, Chairman of Luceco. The shares sold represent 9.1 per cent of ESO's total interest in Luceco. As a result of this transaction, ESO will hold 40,064,372 shares in Luceco (24.9% of the Company).

 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 EPIC Investments LLP

2

Reason for the notification

a)

Position/status

PCA of Chairman of the Board


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

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

 Disposal of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£2.50

  4,000,000

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (single transaction)

e)

Date of the transaction

16 November 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBGBDBDDBDGGI
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.