Luceco PLC Director/PDMR Shareholding (5602W)

TIDMLUCE

RNS Number : 5602W

Luceco PLC

02 August 2018

Luceco Plc

("Luceco" or the "Company")

Major shareholder and directors' dealing

Luceco, the manufacturer and distributor of high-quality and innovative LED lighting products, wiring accessories and portable power products, announces that on 1 August 2018, certain members of the Board of Directors and EPIC Investments LLP ("EPE") acquired the following Ordinary Shares of GBP0.0005 each ("Shares") in the Company:

 
 Shareholder         Transaction      Volume     Price     Holding post transaction 
                                                              Shares       % of ISC 
----------------  ----------------  ----------  -------  ---------------  ---------- 
                   Acquisition of 
 Mr John Hornby         Shares       1,000,000   39.74p    32,396,514*      20.15% 
 Mr Giles          Acquisition of 
  Brand                 Shares        622,919    39.74p     9,466,919        5.89% 
                   Acquisition of 
 EPE                    Shares       4,983,372   39.74p     44,064,372      27.40% 
----------------  ----------------  ----------  -------  ---------------  ---------- 
 

*Shares held together with Pippa Hornby.

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                               1. John Hornby 
                                           2. Giles Brand 
      ----------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------- 
 a)    Position/status                    1. Chief Executive Officer 
                                           2. Non-executive Chairman 
      ----------------------------  ------------------------------------------------------- 
 b)    Initial notification          Initial 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, 
        type of instrument            GB00BZC0LP49 
 
        Identification 
        code 
      ----------------------------  ------------------------------------------------------- 
 b)    Nature of                          1. Acquisition of shares 
        the transaction                    2. Acquisition of shares 
      ----------------------------  ------------------------------------------------------- 
 c)    Currency                      GBP 
      ----------------------------  ------------------------------------------------------- 
 d)    Price(s) and                          Price(s)                    Volume(s) 
        volume(s) 
      ----------------------------  -------------------------  ---------------------------- 
                              1. 39.74p                                   1. 1,000,000 
  -----------------------------------------------------------  ---------------------------- 
                              2. 39.74p                                    2. 622,919 
  -----------------------------------------------------------  ---------------------------- 
 
 e)    Aggregated                    1. 1,000,000 Ordinary shares of GBP0.0005 
        information                   each bought at a price of 39.74p per share, 
        - Aggregated                  aggregating to GBP397,351.00 
        volume                        2. 622,919 Ordinary shares of GBP0.0005 each 
        - Price                       bought at a price of 39.74p per share, aggregating 
        - Aggregated                  to GBP247,517.49 
        total 
      ----------------------------  ------------------------------------------------------- 
 f)    Date of the                   01 August 2018 
        transaction 
      ----------------------------  ------------------------------------------------------- 
 g)    Place of the                  London Stock Exchange (XLON) 
        transaction 
      ----------------------------  ------------------------------------------------------- 
 

Further enquiries:

For further information, please contact

 
Luceco plc                              via MHP Communications 
 John Hornby, Chief Executive Officer    020 3128 8100 
 Matt Webb, Chief Financial Officer 
MHP Communications 
 Tim Rowntree 
 James White 
 Ollie Hoare                            020 3128 8100 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 02, 2018 02:02 ET (06:02 GMT)