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REG - Luceco PLC - Employee Benefit Trust Share Purchase





 




RNS Number : 9104A
Luceco PLC
24 January 2020
 

LUCECO PLC (the "Company")

 

Luceco plc confirms that on 24 January 2020, Apex Financial Services (Trust Company) Limited, acting as trustee of the Luceco plc Employee Benefit Trust (the "EBT"), purchased in the market a total of 176,833 Ordinary shares of nominal value 0.05 pence each in the capital of the Company at a price of £1.3873 per share.

Immediately following settlement of the above transaction, the EBT will hold 5,676,363 Ordinary shares, representing 3.530% 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.

 


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.
 
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