Luceco PLC Director/PDMR Shareholding (7309F)

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RNS Number : 7309F

Luceco PLC

18 November 2020

Luceco plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

Luceco PLC ("Luceco" or "the Company") has been advised that on 16 November 2020, EPIC Investments LLP ("EIL") sold 4,000,000 shares in Luceco (2.5% of the Company) at a price of 250p per share. EIL is a limited liability partnership, in which EPE Special Opportunities Limited ("ESO") is the sole investor and is a person closely associated with Giles Brand, Chairman of Luceco. The shares sold represent 9.1 per cent of ESO's total interest in Luceco. As a result of this transaction, ESO will hold 40,064,372 shares in Luceco (24.9% of the Company).

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
1    Details of the person discharging managerial responsibilities/person 
      closely associated 
a)    Name                                         EPIC Investments LLP 
2     Reason for the notification 
a)    Position/status                             PCA of Chairman of the Board 
      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                 Ordinary shares of GBP0.0005 each 
       instrument, type of instrument               ISIN: GB00BZC0LP49 
       Identification code 
b)    Nature of transaction                        Disposal of shares 
c)    Price(s) and volume(s)                       Price(s)           Volume(s) 
  GBP2.50                                                              4,000,000 
d)    Aggregated information 
       - Aggregated volume                           N/A (single transaction) 
       - Price 
e)    Date of the transaction                      16 November 2020 
f)    Place of the transaction                     London Stock Exchange (XLON) 
 

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November 18, 2020 05:24 ET (10:24 GMT)