Back

LUCE

2.13%
NEUTRAL

Luceco Director Disposes of Shares

Why we think this is neutral

This appears to be a routine regulatory announcement regarding a director's share disposal, with no material impact on the company's performance or prospects.

Key Points

  • Director David Nix has disposed of 48,552 ordinary shares in Luceco plc
  • The shares were sold at a price of £1.586 per share

Summary

The electrical equipment manufacturer has announced a director's disposal of shares, a routine regulatory update with no apparent impact on the business.

Luceco plc, an electrical equipment and parts manufacturer, has announced that David Nix, the Director of Group Finance, has disposed of 48,552 ordinary shares in the company at a price of £1.586 per share. This appears to be a routine regulatory announcement with no material impact on the company's performance or prospects.

DIRECTOR DEALINGS