LUCE Luceco Plc

TIDMLUCE

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          Awards of ordinary shares of GBP0.0005 each 
      instrument, type of instrument         ISIN: GB00BZC0LP49 
      Identification code 
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                    N/A (Single transaction) 
       - Price 
e)    Date of the transaction               1 July 2019 
f)    Place of the transaction              Outside a trading venue (XOFF) 
 

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