REG - Luceco PLC - Market Purchase of Shares for EBT

LucecoAnnouncement

27/02/2024 17:45

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RNS Number : 6825E  Luceco PLC  27 February 2024

 

Luceco plc

(the "Company")

 

Luceco plc announces market purchase of shares for its Employee Benefit Trust

 

Luceco Plc (Luceco or the Company) was notified by Apex Financial Services
(Trust Company) Limited (Apex), acting as trustee of the Luceco plc Employee
Benefit Trust (the Trust), that Apex purchased in the market a total of
1,288,208 Luceco ordinary shares with a nominal value of £0.0005 each
(Shares) as set out in the table below.

 

The Trust holds the Shares for the purpose of satisfying awards to be awarded
to beneficiaries of the Trust. The executive directors and persons discharging
managerial responsibility on behalf of the Company are potential beneficiaries
under the Trust and are therefore treated as having an interest in such
Shares. Upon settlement of the above transaction, the Trust will hold a total
of 6,612,029 Shares, representing 4.11% of Luceco's issued ordinary share
capital.

 

 

 Number of shares  Transaction price  Date of transaction

purchased
(per share)
 10,000            1.4                02.02.2024
 363,001           1.496436           09.02.2024
 523,500           1.499984           16.02.2024
 391,707           1.467474           23.02.2024

 

 

27 February 2024

LEI: 213800BBFZK4W4P98U76

- ENDS-

 

 For further information please contact:
 Luceco plc                               via the Company Secretary, Link Company Matters

 Will Hoy, Chief Financial Officer        033 3300 1950

 Link Company Matters                     033 3300 1950

 Michael Conway

 Paris Condon

 

 

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