Luceco PLC Employee Benefit Trust Share Purchase (7466A)
31 May 2019 - 6:40PM
UK Regulatory
TIDMLUCE
RNS Number : 7466A
Luceco PLC
31 May 2019
LUCECO PLC (the "Company")
Luceco plc confirms that on 29 May 2019, Link Trustees (Jersey)
Limited, acting as trustee of the Luceco plc Employee Benefit Trust
(the "EBT"), purchased in the market a total of 500,000 Ordinary
shares of nominal value 0.05 pence each in the capital of the
Company at a price of GBP1.19504 per share.
Immediately following settlement of the above transaction, the
EBT will hold 4,249,530 Ordinary shares, representing 2.643% 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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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.
END
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