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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Eleco Public Limited Company | LSE:ELCO | London | Ordinary Share | GB0003081246 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 105.50 | 103.00 | 108.00 | 105.50 | 105.50 | 105.50 | 25,363 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Programming Service | 26.57M | 2.4M | 0.0291 | 36.25 | 86.83M |
TIDMELCO
RNS Number : 7412N
Elecosoft PLC
28 October 2016
Elecosoft plc
("Elecosoft" or "the Company")
Issue of Options
Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, announces that yesterday the Company issued a total of 750,000 options to subscribe for new ordinary shares in the Company under the Elecosoft 2015 Share Option Plan, as adopted by the shareholders at the AGM on 26 May 2016, to various directors of the Company (the "Options"). The Options shall vest if, and only if, the performance targets listed below are met:
1. Revenue of the Company as per the Accounts for the year ended 31 December 2018 is at least GBP21,400,000; and
2. EPS as per the Accounts for the year ended 31 December 2018 is at least 2.76 pence.
If either of the performance targets is not met, the Options shall lapse.
The options are exercisable at 28.7 pence and will expire on 26 October 2026. Details of director and other PDMR option awards are included in the disclosure notices at the end of this announcement.
Director/PDMR Options Total options issued held post issue John Ketteley 250,000 250,000 Graham Spratling 150,000 150,000 Jason Ruddle 200,000 200,000 Jonathan Hunter 150,000 150,000 For further information, please contact: Elecosoft plc John Ketteley (Executive Chairman) Tel: 020 7857 5210 Jonathan Hunter (Group Marketing and Business Development Director) finnCap Ltd Adrian Hargrave / Kate Bannatyne Tel: 020 7220 0500 (Corporate Finance) Camille Gochez (Corporate Broking) Redleaf Communications Rebecca Sanders-Hewett / David Tel: 020 7382 4730 Ison elecosoft@redleafpr.com / Susie Hudson
About Elecosoft
Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.
For more information, please visit www.elecosoft.com
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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 Ketteley --- ------------------------------- --------------------------- 2. Reason for the Notification --- ------------------------------------------------------------ a) Position/status Executive Chairman --- ------------------------------- --------------------------- b) Initial notification/Amendment Initial notification --- ------------------------------- --------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------ a) Name Elecosoft plc --- ------------------------------- --------------------------- b) LEI N/A --- ------------------------------- --------------------------- 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 Options to subscribe of the Financial for new ordinary shares instrument, of 1p each type of instrument --- Identification ELCO GB0003081246 code --- ------------------------------- --------------------------- b) Nature of Grant of options the transaction --- ------------------------------- --------------------------- c) Price(s) Price(s) Volume(s) and volume(s) ------------ ---------- 28.7 pence 250,000 ------------ ---------- --- ------------------------------- --------------------------- d) Aggregated information: n/a - single transaction * Aggregated volume * Price --- ------------------------------- --------------------------- e) Date of the Share Option Granted transaction 27(th) October 2016 --- ------------------------------- --------------------------- f) Place of Outside of a trading the transaction venue --- ------------------------------- ---------------------------
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 Graham Spratling --- ------------------------------- --------------------------- 2. Reason for the Notification --- ------------------------------------------------------------ a) Position/status Group Finance Director --- ------------------------------- --------------------------- b) Initial notification/Amendment Initial notification --- ------------------------------- --------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------ a) Name Elecosoft plc --- ------------------------------- --------------------------- b) LEI N/A --- ------------------------------- --------------------------- 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 Options to subscribe of the Financial for new ordinary shares instrument, of 1p each type of instrument --- Identification ELCO GB0003081246 code --- ------------------------------- --------------------------- b) Nature of Grant of options the transaction --- ------------------------------- --------------------------- c) Price(s) Price(s) Volume(s) and volume(s) ------------ ---------- 28.7 pence 150,000 ------------ ---------- --- ------------------------------- --------------------------- d) Aggregated information: n/a - single transaction * Aggregated volume * Price --- ------------------------------- --------------------------- e) Date of the Share Option Granted transaction 27(th) October 2016 --- ------------------------------- --------------------------- f) Place of Outside of a trading the transaction venue --- ------------------------------- ---------------------------
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 Jason Ruddle --- ------------------------------- --------------------------- 2. Reason for the Notification --- ------------------------------------------------------------ a) Position/status Chief Operating Officer --- ------------------------------- --------------------------- b) Initial notification/Amendment Initial notification --- ------------------------------- --------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------ a) Name Elecosoft plc --- ------------------------------- --------------------------- b) LEI N/A --- ------------------------------- --------------------------- 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 Options to subscribe of the Financial for new ordinary shares instrument, of 1p each type of instrument --- Identification ELCO GB0003081246 code --- ------------------------------- --------------------------- b) Nature of Grant of options the transaction --- ------------------------------- --------------------------- c) Price(s) Price(s) Volume(s) and volume(s) ------------ ---------- 28.7 pence 200,000 ------------ ---------- --- ------------------------------- --------------------------- d) Aggregated information: n/a - single transaction * Aggregated volume * Price --- ------------------------------- --------------------------- e) Date of the Share Option Granted transaction 27(th) October 2016 --- ------------------------------- --------------------------- f) Place of Outside of a trading the transaction venue --- ------------------------------- ---------------------------
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 Jonathan Hunter --- ------------------------------- --------------------------- 2. Reason for the Notification --- ------------------------------------------------------------ a) Position/status Group Marketing and Business Development Director --- ------------------------------- --------------------------- b) Initial notification/Amendment Initial notification --- ------------------------------- --------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------ a) Name Elecosoft plc --- ------------------------------- --------------------------- b) LEI N/A --- ------------------------------- --------------------------- 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 Options to subscribe of the Financial for new ordinary shares instrument, of 1p each type of instrument --- Identification ELCO GB0003081246 code --- ------------------------------- --------------------------- b) Nature of Grant of options the transaction --- ------------------------------- --------------------------- c) Price(s) Price(s) Volume(s) and volume(s) ------------ ---------- 28.7 pence 150,000 ------------ ---------- --- ------------------------------- --------------------------- d) Aggregated information: n/a - single transaction * Aggregated volume * Price --- ------------------------------- --------------------------- e) Date of the Group Marketing and transaction Business Development Director --- ------------------------------- --------------------------- f) Place of Outside of a trading the transaction venue --- ------------------------------- ---------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEAPEPAADKFEF
(END) Dow Jones Newswires
October 28, 2016 04:26 ET (08:26 GMT)
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