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LUCE Luceco Plc

177.00
-5.20 (-2.85%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Luceco Plc LSE:LUCE London Ordinary Share GB00BZC0LP49 ORD GBP0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.20 -2.85% 177.00 175.60 177.40 180.00 175.00 179.80 172,176 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Comml, Indl Elec Light Fixtr 206.3M 11M 0.0684 25.94 285.26M

Luceco PLC Grant of Awards Under Performance Share Plan

04/04/2024 4:09pm

RNS Regulatory News


RNS Number : 3891J
Luceco PLC
04 April 2024
 

LUCECO PLC (THE "COMPANY")

GRANT OF AWARDS UNDER PERFORMANCE SHARE PLAN

 

The Company announces that awards have been granted to the following Persons Discharging Managerial Responsibility ("PDMRs") under the Luceco 2017 Performance Share Plan ("PSP"), which was approved by shareholders at the Company's AGM held on 25 May 2017.

 

Each of the following PDMRs has, on 3 April 2024, been granted awards in the form of nil-cost options over the number of ordinary shares of 0.05p in the Company under the terms of the PSP as set out below. 

 

PDMR

Role

Number of shares subject to award

John Hornby

Chief Executive Officer

459,644

Will Hoy

Chief Financial Officer

392,241

James Hall

Corporate Development Director 

76,242

Wayne Hill

Managing Director - Europe

91,957

David Nix

Director of Group Finance

77,456

 

The awards will vest subject to continued employment and the satisfaction of performance conditions measuring the Company's earnings per share and total shareholder return performance. The extent to which awards will vest will depend on the extent to which the performance conditions are satisfied over the performance period, which runs from 1 January 2024 to 31 December 2026 for the earnings per share performance conditions and for three years from the date of grant for the total shareholder return performance condition. No consideration was paid for any of the awards.

 

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Jonathan Hornby

 

2

Reason for the notification

a)

Position/status

 PDMR, Chief Executive Officer

 

 

b)

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 instrument, type of instrument

Identification code

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

Grant of awards in the form of nil-cost options over ordinary shares of 0.05 pence in the Company under the Luceco Performance Share Plan 2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 Nil

 

 459,644

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (Single transaction)

e)

Date of the transaction

3 April 2024

f)

Place of the transaction

Outside a trading venue (XOFF)


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Will Hoy

 

2

Reason for the notification

a)

Position/status

 PDMR, Chief Financial Officer 

 

 

b)

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 instrument, type of instrument

Identification code

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

Grant of awards in the form of nil-cost options over ordinary shares of 0.05 pence in the Company under the Luceco Performance Share Plan 2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 Nil

 

 392,241

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (Single transaction)

e)

Date of the transaction

3 April 2024

f)

Place of the transaction

Outside a trading venue (XOFF)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 James Hall

 

 

2

Reason for the notification

a)

Position/status

 PDMR

 

 

b)

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 instrument, type of instrument

Identification code

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

Grant of awards in the form of nil-cost options over ordinary shares of 0.05 pence in the Company under the Luceco Performance Share Plan 2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 Nil

 

76,242

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (Single transaction)

e)

Date of the transaction

3 April 2024

f)

Place of the transaction

Outside a trading venue (XOFF)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Wayne Hill

 

 

2

Reason for the notification

a)

Position/status

 PDMR

 

 

b)

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 instrument, type of instrument

Identification code

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

Grant of awards in the form of nil-cost options over ordinary shares of 0.05 pence in the Company under the Luceco Performance Share Plan 2017

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 Nil

 

  91,957

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (Single transaction)

e)

Date of the transaction

3 April 2024

f)

Place of the transaction

Outside a trading venue (XOFF)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 David Nix

 

 

2

Reason for the notification

a)

Position/status

 PDMR

 

 

b)

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 instrument, type of instrument

Identification code

Ordinary shares of £0.0005 each

  ISIN: GB00BZC0LP49

b)

Nature of transaction

Grant of awards in the form of nil-cost options over ordinary shares of 0.05 pence in the Company under the Luceco Performance Share Plan 2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 Nil

 

  77,456

d)

Aggregated information

-      Aggregated volume

-      Price

 

 N/A (Single transaction)

e)

Date of the transaction

3 April 2024

f)

Place of the transaction

Outside a trading venue (XOFF)

 

ENDS

 

For further information please contact:


Luceco plc

Will Hoy, Chief Financial Officer

via the Company Secretary, Link Company Matters

033 3300 1950

 

Link Company Matters

Michael Conway

Paris Condon

 

033 3300 1950

 

 

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