Luceco PLC Employee Benefit Trust Share Purchase
RNS Number : 3077L
11 January 2021
LUCECO PLC (the "Company")
Luceco plc confirms that on 8 January 2021, Apex Financial
Services (Trust Company) Limited, acting as trustee of the Luceco
plc Employee Benefit Trust (the "EBT"), purchased in the market a
total of 16,073 Ordinary shares
of nominal value 0.05 pence each in the capital of the Company at a price of GBP2.5809 per share.
Immediately following settlement of the above transaction, the
EBT will hold 6,692,436 Ordinary shares, representing 4.162% of the
Company's issued share capital with voting rights. All shares held
by the EBT will ultimately be used to satisfy share awards and
options granted under the Company's various share incentive
The Executive Directors and Persons Discharging Managerial
Responsibility of the Company, together with other employees, are
included in the potential beneficiaries of the EBT and are
therefore treated as having an interest in some of those shares and
the dealings thereof.
The Company's issued ordinary share capital consists of
160,800,000 Ordinary shares of 0.05 pence each.
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(END) Dow Jones Newswires
January 11, 2021 12:21 ET (17:21 GMT)