Director/PDMR Shareholding - Acquisition of Shares

RNS Number : 2728U

Light Science Tech. Holdings PLC

01 December 2021

 

Light Science Technologies Holdings plc

("LSTH" or the "Company")

Director/PDMR Shareholding - Acquisition of Shares

Light Science Technologies Holdings plc (AIM: LST), the controlled environment agriculture ("CEA") technology and contract electronics manufacturing ("CEM") group, has been notified that Andrew Hempsall, Chief Operating Officer of the Company, has purchased 115,655 ordinary shares in the Company at an aggregate price of 21.6p per share. Accordingly, Andrew Hempsall's total beneficial shareholding in the Company has increased to 365,655 ordinary shares, which represents 0.21% per cent. of the issued share capital.

Further details are provided in the forms below in accordance with the requirements of the UK Market Abuse Regulation.

For further information, please contact:

Light Science Technologies Holdings plc	www.lightsciencetechnologiesholdings.com
Simon Deacon, Chief Executive Officer Jim Snooks, Chief Financial Officer Andrew Hempsall, Chief Operating Officer	via Walbrook PR
Strand Hanson Limited (Nominated & Financial Adviser)	Tel: [phone]
Ritchie Balmer / James Harris / Rob Patrick
Turner Pope Investments (TPI) Ltd (Broker)	Tel: [phone]
James Pope / Andy Thacker
Walbrook PR Ltd (Media & Investor Relations)	Tel: [phone] or  [e-mail]
Nick Rome / Paul McManus / Nicholas Johnson

About Light Science Technologies Holdings plc ( www.lightsciencetechnologiesholdings.com )

Light Science Technologies Holdings plc is the holding company of the Group's controlled environment agriculture ("CEA") division, Light Science Technologies Ltd ("Light Science Technologies"), and its contract electronics manufacturing ("CEM") division, UK Circuits and Electronics Solutions Limited ("UK Circuits").

Controlled Environment Agriculture

Light Science Technologies was founded in 2019 and is the Company's grow lights and sensor technology business, providing bespoke recipes and technologies tailored to customers' needs - with key targets including indoor, vertical, glasshouses, polytunnels and medicinal farming markets. The all-in-one CEA solution will include analysing customers' crop growing requirements to provide bespoke, low-energy and sustainable equipment.

Market drivers include food and water shortages in many parts of the world; growing global population; UK and other government policy encouraging sustainable and efficient growth methods; increased scrutiny of the effect of food production on climate change and the continuing transition away from processed foods. 

Contract Electronics Manufacturing

UK Circuits is the Company's CEM focussed division, with strong revenue and cash generation. The Group designs, procures, and manufactures high-quality CEM products, specialising in Printed Circuit Boards, which are used in a range of sectors including audio, automotive, electronics, gas detection, lighting, pest control, telecommunications and, more recently, the CEA market.

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	Andrew Mark Hempsall
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Light Science Technologies Holdings Plc
b)	LEI	213800V9MWRRLVQ6EY56
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 penny each
	Identification code	GB00BNDQJN14
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			21p 22p 22p	47,058 22,935 45,662
d)	Aggregated information
	- Aggregated volume	115,655
	- Aggregate Value	£24,999.63
e)	Date of the transaction	30 November 2021
f)	Place of the transaction	London

 

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