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Latest Share Chat

Market Purchase of Shares for EBT

20 Oct 2023 17:06

RNS Number : 8647Q
Luceco PLC
20 October 2023
 

 

Luceco plc

(the "Company")

 

Luceco plc announces market purchase of shares for its Employee Benefit Trust

 

Luceco Plc (Luceco or the Company) was notified by Apex Financial Services (Trust Company) Limited (Apex), acting as trustee of the Luceco plc Employee Benefit Trust (the Trust), that Apex purchased in the market 741,645 Luceco ordinary shares with a nominal value of £0.0005 each (Shares) at a price of £1.18 (rounded to two decimal points) per Share, traded on 19 October 2023 with a settlement date of 23 October 2023.

 

The Trust holds the Shares for the purpose of satisfying awards to be awarded to beneficiaries of the Trust. The executive directors and persons discharging managerial responsibility on behalf of the Company are potential beneficiaries under the Trust and are therefore treated as having an interest in such Shares. Upon settlement of the above transaction, the Trust will hold a total of 6,204,877 Shares, representing approximately 3.86% of Luceco's issued ordinary share capital.

 

20 October 2023

LEI: 213800BBFZK4W4P98U76

- 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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DSHFELFMSEDSESS

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