Back to Regulatory News

Exercise of Options, PDMR Shareholding and TVR

RNS Number : 5588D
Eleco PLC
30 June 2021
 

30 June 2021

Eleco Plc

(“Eleco” or the “Company”) 

Exercise of Options, PDMR Shareholding and Total Voting Rights

The Board of Eleco (AIM: ELCO), the AIM-listed construction software specialist, advises it has issued and allotted a total of 25,000 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) in accordance with options exercised by Mark Dixon, a PDMR of the Company, under the 2014 Share Option Plan.

Following this exercise, Mark Dixon subsequently sold 25,000 Ordinary Shares at a price of 132 pence per share on 29 June 2021. Following the above transactions, Mark Dixon has no interest in Ordinary Shares in the Company.

Application will be made for 25,000 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 5 July 2021. Following Admission, Eleco will have 83,104,650 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 83,104,650.

For further information, please contact:

 


Eleco plc

Tel: +44 (0)20 7422 8000

Serena Lang, Executive Chairman


Jonathan Hunter, Chief Executive Officer

Robert Tearle, Chief Financial Officer


 

finnCap Limited, NOMAD and broker

 

Tel: +44 (0)20 7220 0500

Geoff Nash / Kate Bannatyne / (Nomad)


Richard Chambers, Charlotte Sutcliffe (ECM)


SEC Newgate

Elisabeth Cowell / Isabelle Smurfit

 

Tel: +44 (0)20 3757 6880


eleco@secnewgate.co.uk

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner/Operator (AECO) industries and interior furnishing industries from centres of excellence in the UK, Sweden, Germany, Netherlands and the USA.

The Company’s market-leading Elecosoft software solutions are developed by teams in the United Kingdom, Sweden and Germany, and its solutions include  project management, estimating, timber engineering, CAD and visualisation, asset and facility management and cloud-based digital marketing solutions.

For further information please visit  www.eleco.com.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Dixon

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

Eleco plc

b)

LEI

21380016GT9Z6ZQX4T37

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

Ordinary shares of 1 pence each (“Ordinary Shares”)

Identification code

ELCO  GB0003081246

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)


Number

Price

Exercise of Options

25,000

48p

Sale of Ordinary Shares

25,000

132p

d)

Aggregated information:

Aggregated volume

Price

 

See 4c) above

 

e)

Date of the transaction

29 June 2021

f)

Place of the transaction


London Stock Exchange, AIM Market

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 
 

TVRBKLLLFQLFBBV

Related News

Interim Results

RNS Number : 7842L Eleco PLC 15 September 2021   15 September 2021  Eleco Public Limited Company  ("Eleco", the "Company" or the "Group")   Interim Results...
Read more

Notice of Results

RNS Number : 4618K Eleco PLC 02 September 2021   2 September 2021 Eleco plc ("Eleco", the "Company" or the "Group")   Notice of Results...
Read more

Directorate Changes

RNS Number : 3702I Eleco PLC 12 August 2021   12 August 2021        Eleco plc ("Eleco", the "Company" or the "Group")   Directorate Changes...
Read more