Luceco PLC Director/PDMR Shareholding (4692X)
November 24 2017 - 4:33AM
UK Regulatory
TIDMLUCE
RNS Number : 4692X
Luceco PLC
24 November 2017
Luceco Plc
("Luceco" or the "Company")
Director Dealing
Luceco, the manufacturer and distributor of high-quality and
innovative LED lighting products, wiring accessories and portable
power products, announces that on 24 November 2017, Mr John Hornby,
Chief Executive Officer of the Company, sold 2,000,000 ordinary
shares of GBP0.0005 each in the Company ("Share(s)") at a price of
234.53p per Share (the "Transaction"). Following the Transaction,
Mr John Hornby holds, together with Pippa Hornby, 31,396,512 (19.5
per cent. of the Company's issued share capital). Mr John Hornby
completed the Transaction principally to settle personal tax
liabilities.
Following the Transaction, Mr John Hornby has agreed to enter
into a lock-in agreement pursuant to which Mr John Hornby has
undertaken to the Company that, subject to certain limited
exceptions, Mr John Hornby will not sell or otherwise dispose of,
or agree to sell or dispose of, any of his respective interests in
the Shares held by him and his connected persons at any time during
the period of 6 months following the Transaction.
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 John Hornby
---- ------------------------- ------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------
a) Position/status Chief Executive Officer
---- ------------------------- ------------------------------------
b) Initial Initial Notification
notification
/Amendment
---- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ---------------------------------------------------------------
a) Name Luceco Plc
---- ------------------------- ------------------------------------
b) Legal Entity 213800BBFZK4W4P98U76
Identifier
---- ------------------------- ------------------------------------
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 Ordinary shares of GBP0.0005 each
of the
financial
instrument, GB00BZC0LP49
type of
instrument
Identification
code
---- ------------------------- ------------------------------------
b) Nature Sale of shares
of the
transaction
---- ------------------------- ------------------------------------
c) Currency GBP
---- ------------------------- ------------------------------------
d) Price(s) Price(s) Volume(s)
and volume(s)
---- ------------------------- ----------------- -----------------
234.53p 2,000,000
------------------------------ ----------------- -----------------
e) Aggregated
information
- Aggregated
volume
- Price 2,000,000
- Aggregated 234.53p
total
GBP4,690,600.00
------------------------------ ------------------------------------
f) Date of 24 November 2017
the transaction
---- ------------------------- ------------------------------------
g) Place of London Stock Exchange (XLON)
the transaction
---- ------------------------- ------------------------------------
Enquiries:
For further information, contact David Main, Chief Financial
Officer 01952 238100.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBGBDBBXDBGRS
(END) Dow Jones Newswires
November 24, 2017 05:33 ET (10:33 GMT)
Luceco (LSE:LUCE)
Historical Stock Chart
From Apr 2024 to May 2024
Luceco (LSE:LUCE)
Historical Stock Chart
From May 2023 to May 2024