REG - Luceco PLC - Employee Benefit Trust Share Purchase

LucecoAnnouncement

08/07/2019 17:35

RNS Number : 8560E
Luceco PLC
08 July 2019
 


LUCECO PLC (the "Company")
 
Luceco plc confirms that on 28 June 2019, Link Trustees (Jersey) Limited, acting as trustee of the Luceco plc Employee Benefit Trust (the "EBT"), purchased in the market a total of 153,620 Ordinary shares of nominal value 0.05 pence each in the capital of the Company at a price of £1.07 per share.
Luceco plc further confirms that on 5 July 2019, Link Trustees (Jersey) Limited, acting as trustee of the EBT, purchased in the market a total of 36,789 Ordinary shares of nominal value 0.05 pence each in the capital of the Company at a price of £1.069366 per share.
Immediately following settlement of the above transactions, the EBT will hold 4,439,939 Ordinary shares, representing 2.761% of the Company's issued share capital with voting rights. All shares held by the EBT will ultimately be used to satisfy share awards and options granted under the Company's various share incentive arrangements. 
The Executive Directors and Persons Discharging Managerial Responsibility of the Company, together with other employees, are included in the potential beneficiaries of the EBT and are therefore treated as having an interest in some of those shares and the dealings thereof.
The Company's issued ordinary share capital consists of 160,800,000 Ordinary shares of 0.05 pence each.
 




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