Luceco Plc
("Luceco" or the "Company")
Major shareholder and directors' dealing
Luceco, the manufacturer and distributor of high-quality and innovative LED lighting products, wiring accessories and portable power products, announces that on 1 August 2018, certain members of the Board of Directors and EPIC Investments LLP ("EPE") acquired the following Ordinary Shares of £0.0005 each ("Shares") in the Company:
Shareholder |
Transaction |
Volume |
Price |
Holding post transaction |
|
|
|
|
|
Shares |
% of ISC |
Mr John Hornby |
Acquisition of Shares |
1,000,000 |
39.74p |
32,396,514* |
20.15% |
Mr Giles Brand |
Acquisition of Shares |
622,919 |
39.74p |
9,466,919 |
5.89% |
EPE |
Acquisition of Shares |
4,983,372 |
39.74p |
44,064,372 |
27.40% |
*Shares held together with Pippa Hornby.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
1. John Hornby 2. Giles Brand |
|
2 |
Reason for the notification |
||
a) |
Position/status |
1. Chief Executive Officer 2. Non-executive Chairman |
|
b) |
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) |
Legal Entity Identifier |
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
GB00BZC0LP49 |
|
b) |
Nature of the transaction |
1. Acquisition of shares 2. Acquisition of shares |
|
c) |
Currency |
GBP |
|
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1. 39.74p |
1. 1,000,000 |
||
2. 39.74p |
2. 622,919 |
||
|
|||
e) |
Aggregated information - Aggregated volume - Price - Aggregated total |
1. 1,000,000 Ordinary shares of £0.0005 each bought at a price of 39.74p per share, aggregating to £397,351.00 2. 622,919 Ordinary shares of £0.0005 each bought at a price of 39.74p per share, aggregating to £247,517.49
|
|
f) |
Date of the transaction |
01 August 2018 |
|
g) |
Place of the transaction |
London Stock Exchange (XLON) |
Further enquiries:
For further information, please contact
Luceco plc John Hornby, Chief Executive Officer Matt Webb, Chief Financial Officer
|
via MHP Communications 020 3128 8100 |
MHP Communications Tim Rowntree James White Ollie Hoare |
020 3128 8100 |