Director/PDMR Shareholding

RNS Number : 4105E

Luceco PLC

03 July 2019

 

LUCECO PLC (THE "COMPANY")

GRANT OF AWARD UNDER LUCECO 2017 PERFORMANCE SHARE PLAN

Grant of an award to James Hall

The Company announces that James Hall, a Person Discharging Managerial Responsibility, has been granted an award under the Luceco 2017 Performance Share Plan (the "PSP").

The award is in the form of a nil-cost option over 43,522 ordinary shares of 0.05 pence in the Company.

The award will vest subject to the satisfaction of performance conditions measuring the Company's earnings per share and total shareholder return performance. Earnings per share will be measured over the three financial years from 1 January 2019 to 31 December 2021. Total shareholder return will be measured over the three year period from 1 July 2019 to 1 July 2022. No consideration was paid for the award.

This notification is made in accordance with the Market Abuse Regulation ("MAR"). 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	James Hall
2	Reason for the notification
a)	Position/status	PDMR
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)	LEI	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	Awards of ordinary shares of £0.0005 each   ISIN: GB00BZC0LP49
b)	Nature of transaction	Grant of a conditional award under the Luceco plc Performance Share Plan ("PSP") on 1 July 2019.  No consideration was paid for the grant of the award.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	43,522
d)	Aggregated information -      Aggregated volume -      Price	N/A (Single transaction)
e)	Date of the transaction	1 July 2019
f)	Place of the transaction	Outside a trading venue (XOFF)

 

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