LUCECO PLC — Remuneration Information 2018

Jul 31, 2018

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RNS Number : 3647W

Luceco PLC

31 July 2018

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").

Each of the following PDMRs have been granted awards in the form of nil-cost options over the number of ordinary shares of 0.05 pence in the Company under the terms of the PSP as set out below:

PDMR	Role	Number of shares awarded
John Hornby	Chief Executive Officer	431,415
Matt Webb	Chief Financial Officer	398,230
Wayne Hill	Group Commercial Director	285,398
John Williams	Group Specification Director	199,115

The awards will vest subject to 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 2018 to 31 December 2020. No consideration was paid for any of the awards.

Notification of transactions by persons discharging managerial responsibilities ("PDMRs")

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   John Hornby 2.   Matt Webb 3.   Wayne Hill 4.   John Williams
2	Reason for the notification
a)	Position/status	1.   CEO 2.   CFO 3.   Group Commercial Director 4.   Group Specification Director
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	Awards of ordinary shares of £0.0005 each   ISIN: GB00BZC0LP49
b)	Nature of transaction	1,2,3 and 4 - An award of Ordinary Shares made under the Luceco PLC Performance Share Plan ("PSP") on 27 July 2018.  No consideration was paid for the grant of the awards.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   £0.377 2.   £0.377 3.   £0.377 4.   £0.377	1.   431,415 2.   398,230 3.   285,398 4.   199,115
d)	Aggregated information -      Aggregated volume -      Price	N/A (Single transaction)
e)	Date of the transaction	27 July 2018
f)	Place of the transaction	Outside a trading venue (XOFF)

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

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.

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