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Market Purchase of Shares for EBT

13th Feb 2025 14:14

RNS Number : 0646X
Luceco PLC
13 February 2025
 

 

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 a total of 2,000,000 Luceco ordinary shares with a nominal value of £0.0005 each (Shares) as set out in the table below.

 

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 10,229,865 Shares, representing 6.36% of Luceco's issued ordinary share capital.

 

 

Number of sharespurchased

Transaction price(per share)

Date of transaction

760,000

1.5277

31.01.2025

990,000

1.5835

07.02.2025

250,000

1.585

10.02.2025

 

 

13 February 2025

LEI: 213800BBFZK4W4P98U76

- ENDS-

 

For further information please contact:

Luceco plc

Will Hoy, Chief Financial Officer

via the Company Secretary, MUFG Corporate Markets

0333 300 1932 (via MUFG Corporate Markets)

 

MUFG Corporate Markets

Michael Conway

Paris Condon

 

0333 300 1932

 

 

 

 

 

 

 

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END
 
 
DSHSFWFLDEISESE

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Luceco
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