Eleco PLC Director Dealing (7890W)

TIDMELCO

RNS Number : 7890W

Eleco PLC

28 April 2021

Eleco plc

("Eleco" or the "Company")

Director Dealing

Eleco plc (AIM: ELCO), the AIM-listed construction software specialist, announces that it was informed on 27 April 2021 that on 26 and 27 April 2021, Kevin Craig, Non-Executive Director of the Company, purchased 60,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") 30,000 Ordinary Shares at a price of 108 pence per Ordinary Share and 30,000 Ordinary Shares at a price of 110 pence per Ordinary Share, respectively (together, the "Purchase").

Following the Purchase, Kevin Craig now has a beneficial interest in 82,060 Ordinary Shares representing 0.09 per cent. of the issued share capital of the Company.

Commenting, Kevin Craig stated:

"My latest investment is a sign of confidence in the business, its trajectory, its leadership, its progress to date -particularly over the last six months under Serena Lang, Jonathan Hunter and the wider Executive Team - and in the anticipation of further progress, according to the ambitions outlined publicly in the new strategy".

 
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                                   Tel: +44 (0)20 7220 0500 
Geoff Nash / Kate Bannatyne / (Nomad) 
Richard Chambers / Charlotte Sutcliffe (ECM) 
 
  SEC Newgate                                       Tel: +44 (0)20 3757 6880 
Elisabeth Cowell / Bob Huxford/ Isabelle Smurfit  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 US.

The Company's market-leading Elecosoft software solutions are developed by teams in the United Kingdom, Sweden and Germany, and its solutions cover 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                             Kevin Craig 
     -------------------------------  ------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                  Non-Executive Director 
     -------------------------------  ------------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                             Elecosoft 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               Ordinary shares of 1 pence each 
       Financial instrument,            ("Ordinary Shares") 
       type of instrument 
      Identification code              ELCO GB0003081246 
     -------------------------------  ------------------------------------- 
 b)   Nature of the transaction        Purchase of Ordinary Shares 
     -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                         Number   Price 
                                          26 April 
                                           2021       30,000   108p 
                                                     -------  ------ 
                                          27 April 
                                           2021       30,000   110p 
                                                     -------  ------ 
     -------------------------------  ------------------------------------- 
 d)   Aggregated information: 
       Aggregated volume                 See 4c) above 
       Price 
     -------------------------------  ------------------------------------- 
 e)   Date of the transaction          27 April 2021 
     -------------------------------  ------------------------------------- 
 f)   Place of the transaction            London Stock Exchange, AIM Market 
     -------------------------------  -------------------------------------

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