Business
Grant of Awards Under Performance Share Plan
Grant of Awards Under Performance Share Plan.
About this update from Luceco Plc
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 8 April 2025 , 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 544,400 Will Hoy Chief Financial Officer 464,568 James Hall Corporate Development Director 91,726 Wayne Hill Managing Director - Europe 108,914 David Nix Director of Group Finance 91,739 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 2025 to 31 December 2027 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 0.05p in the Company under the Luceco Performance Share Plan 2017 c) Price(s) and volume(s) Price(s) Volume(s) Nil 544,400 d) Aggregated information - Aggregated volume - Price N/A (Single transaction) e) Date of the transaction 8 April 2025 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 0.05p in the Company under the Luceco Performance Share Plan 2017 c) Price(s) and volume(s) Price(s) Volume(s) Nil 464,568 d) Aggregated information - Aggregated volume - Price N/A (Single transaction) e) Date of the transaction 8 April 2025 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 0.05p in the Company under the Luceco Performance Share Plan 2017 c) Price(s) and volume(s) Price(s) Volume(s) Nil 91,726 d) Aggregated information - Aggregated volume - Price N/A (Single transaction) e) Date of the transaction 8 April 2025 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 0.05p in the Company under the Luceco Performance Share Plan 2017 c) Price(s) and volume(s) Price(s) Volume(s) Nil 108,914 d) Aggregated information - Aggregated volume - Price N/A (Single transaction) e) Date of the transaction 8 April 2025 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 0.05p in the Company under the Luceco Performance Share Plan 2017 c) Price(s) and volume(s) Price(s) Volume(s) Nil 91,739 d) Aggregated information - Aggregated volume - Price N/A (Single transaction) e) Date of the transaction 8 April 2025 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, MUFG Corporate Markets 033 3300 1932 (via MUFG Corporate Markets) MUFG Corporate Markets Michael Conway Paris Condon 033 3300 1932