ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ELCO Eleco Public Limited Company

105.50
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
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

Elecosoft PLC Issue of Options (7412N)

28/10/2016 9:26am

UK Regulatory


Eleco Public (LSE:ELCO)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Eleco Public Charts.

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)

1 Year Eleco Public Chart

1 Year Eleco Public Chart

1 Month Eleco Public Chart

1 Month Eleco Public Chart

Your Recent History

Delayed Upgrade Clock