LPA GROUP PLC — Share Issue/Capital Change 2021

Jun 24, 2021

National Storage Mechanism | Additional information

RNS Number : 0610D

LPA Group PLC

24 June 2021

LPA GROUP PLC

("LPA" or the "Group")

Exercise of Share Options, Director Shareholding and Total Voting Rights

LPA Group Plc, the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, announces that on 23 June 2021 Peter Pollock, Chairman of LPA, who is retiring from the Board later this year, exercised options over 690,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares").

Following this exercise, Peter Pollock subsequently sold 550,000 Ordinary Shares at a price of 70 pence per Ordinary Share on 24 June 2021. Following the above transactions, Peter Pollock holds 1,000,000 Ordinary Shares representing approximately 7.44 per cent of the Company's total issued share capital.

Application has been made to the London Stock Exchange for the 690,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 1 July 2021.

For the purpose of the Disclosure Guidance and Transparency Rules, following the above issue of equity, the issued share capital of the Company will comprise 13,448,229 Ordinary Shares of 10p each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure Guidance and Transparency Rules.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Pollock

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

LPA Group plc

b)

LEI

	2138007S67YLDN6CEF21

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 10p each

GB0007320806

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Exercise of Options	36.0	531,000
Exercise of Options	36.0	9,000
Exercise of Options	49.0	146,000
Exercise of Options	49.0	4,000
Sale of Ordinary Shares	70.0	550,000

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

24 June 2021

f)

Place of the transaction

London Stock Exchange (XLON)

g)

Additional Information

N/A

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Enquires:	www.lpa-group.com		Tel:
LPA Group Plc
Peter Pollock	Chairman		01799 512844
Paul Curtis	CEO		01799 512858
Chris Buckenham	CFO		01799 512859
Cairn Financial Advisers	(Nominated Adviser)		020 7213 0880
James Caithie / Liam Murray
Ludovico Lazzaretti
finnCap	(Broker)		020 7220 0500
Ed Frisby / Tim Harper (Corporate Finance)
Tim Redfern / Charlotte Sutcliffe (ECM)

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