Eleco PLC Exercise of Options, PDMR Shareholding and TVR (5588D)
June 30 2021 - 1:00AM
UK Regulatory
TIDMELCO
RNS Number : 5588D
Eleco PLC
30 June 2021
30 June 2021
Eleco Plc
("Eleco" or the "Company")
Exercise of Options, PDMR Shareholding and Total Voting
Rights
The Board of Eleco (AIM: ELCO), the AIM-listed construction
software specialist, advises it has issued and allotted a total of
25,000 new ordinary shares of 1 pence each in the Company
("Ordinary Shares") in accordance with options exercised by Mark
Dixon, a PDMR of the Company, under the 2014 Share Option Plan.
Following this exercise, Mark Dixon subsequently sold 25,000
Ordinary Shares at a price of 132 pence per share on 29 June 2021.
Following the above transactions, Mark Dixon has no interest in
Ordinary Shares in the Company.
Application will be made for 25,000 new Ordinary Shares to be
admitted to trading on AIM. Admission is expected to become
effective on 5 July 2021. Following Admission, Eleco will have
83,104,650 Ordinary Shares in issue. All Ordinary Shares shall have
equal voting rights and none of the Ordinary Shares are held in
treasury. The total number of voting rights in the Company
immediately following Admission will therefore be 83,104,650.
For further information, please contact:
Eleco plc Tel: +44 (0)20 7422 8000
Serena Lang, Executive Chairman
Jonathan Hunter, Chief Executive Officer
Robert Tearle, Chief Financial Officer
finnCap Limited, NOMAD and broker Tel: +44 (0)20 7220 0500
Geoff Nash / Kate Bannatyne / (Nomad)
Richard Chambers, Charlotte Sutcliffe (ECM)
SEC Newgate
Elisabeth Cowell / Isabelle Smurfit Tel: +44 (0)20 3757 6880
eleco@secnewgate.co.uk
About Eleco plc
Eleco plc is an AIM-listed (AIM: ELCO) specialist international
provider of software and related services to the Architectural,
Engineering, Construction and Owner/Operator (AECO) industries and
interior furnishing industries from centres of excellence in the
UK, Sweden, Germany, Netherlands and the USA.
The Company's market-leading Elecosoft software solutions are
developed by teams in the United Kingdom, Sweden and Germany, and
its solutions include project management, estimating, timber
engineering, CAD and visualisation, asset and facility management
and cloud-based digital marketing solutions.
For further information please visit www.eleco.com.
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 Mark Dixon
------------------------------- -------------------------------------
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 Eleco plc
------------------------------- -------------------------------------
b) LEI 21380016GT9Z6ZQX4T37
------------------------------- -------------------------------------
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 Ordinary shares of 1 pence each
Financial instrument, ("Ordinary Shares")
type of instrument
Identification code ELCO GB0003081246
------------------------------- -------------------------------------
b) Nature of the transaction Exercise of Options and Sale
of Ordinary Shares
------------------------------- -------------------------------------
c) Price(s) and volume(s) Number Price
Exercise
of Options 25,000 48p
------- ------
Sale of Ordinary
Shares 25,000 132p
------- ------
------------------------------- -------------------------------------
d) Aggregated information:
Aggregated volume See 4c) above
Price
------------------------------- -------------------------------------
e) Date of the transaction 29 June 2021
------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
------------------------------- -------------------------------------
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