Grant of Options

Eleco PLC

01 June 2026

 

1 June 2026

Eleco Plc

("Eleco", "Group" or the "Company")

Grant of Options

Eleco plc (AIM: ELCO), the specialist software provider for the built environment, announces that on 29 May 2026 the Remuneration Committee granted a total of 925,000 new share options (the "Options") over ordinary shares of 1 pence each ("Ordinary Shares") in the Company. All of the Options are nominal cost options.

Following this grant of Options, Eleco has options outstanding over 4,845,000Ordinary Shares, representing approximately 5.74 per cent. of the Company's issued share capital.

Of the 925,000 Options, 250,000 Options were granted to Jonathan Hunter, CEO, and 200,000 Options were granted to Neil Pritchard, CFO. All of the Options shall vest after 3 years if certain performance criteria related to growth in revenue, profit and share price are met. To fully vest, Eleco will need to deliver significant growth from current levels. The Options are also subject to the recipient remaining in continuous employment with the Group and standard change of control provisions governed by the Eleco 2014 Share Option Plan.

105,000 Options were granted to other PDMRs of the Company as set out below and 370,000 Options were granted to various other employees of the Company. All of these Options are nominal cost options that shall vest after 3 years if performance related to share price growth is met.

Director/PDMR	Options granted on 29 May 2026	Total options held post grant
Jonathan Hunter	250,000	1,175,000
Neil Pritchard	200,000	800,000
Mark Chapman	25,000	185,000
Richard Fletcher	40,000	115,000
Alex Gheboianu	40,000	165,000

The Options are issued under the Eleco 2014 Share Option Plan and are exercisable up to 29 May 2036, subject to the achievement of the performance criteria.

Enquiries:

Eleco plc	[phone]
Jonathan Hunter, Chief Executive Officer
Neil Pritchard, Chief Financial Officer
Cavendish Capital Markets Limited	[phone]
Geoff Nash / Seamus Fricker / Elysia Bough (Corporate Finance)
Louise Talbot (Sales) / Harriet Ward (ECM)

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the built environment through its operating brands Elecosoft, BestOutcome, Pemac and Eleco Technologies from centres of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania, Australia and the USA.

The Company's software solutions are trusted by international customers and used throughout the building lifecycle from early planning and design stages to construction, interior fit out, asset management and facilities management to support project management, estimation, Building Information Modelling (BIM) and property management.

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 PDMR / person closely associated with them ('PCA')
a)	Name	Jonathan Hunter
2.	Reason for the Notification
a)	Position / status	Chief Executive Officer
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eleco 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 financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ELCO GB0003081246
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Exercise price of 1p	250,000
d)	Aggregated information: Aggregated volume Price	n/a
e)	Date of the transaction	29 May 2026
f)	Place of the transaction	Outside of a trading venue

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Neil Pritchard
2.	Reason for the Notification
a)	Position / status	Chief Financial Officer
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eleco 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 financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ELCO GB0003081246
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Exercise price of 1p	200,000
d)	Aggregated information: Aggregated volume Price	n/a
e)	Date of the transaction	29 May 2026
f)	Place of the transaction	Outside of a trading venue

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Mark Chapman
2.	Reason for the Notification
a)	Position / status	Head of Innovation / PDMR
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eleco 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 financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ELCO GB0003081246
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Exercise price of 1p	25,000
d)	Aggregated information: Aggregated volume Price	n/a
e)	Date of the transaction	29 May 2026
f)	Place of the transaction	Outside of a trading venue

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Richard Fletcher
2.	Reason for the Notification
a)	Position / status	Chief Revenue Officer / PDMR
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eleco 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 financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ELCO GB0003081246
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Exercise price of 1p	40,000
d)	Aggregated information: Aggregated volume Price	n/a
e)	Date of the transaction	29 May 2026
f)	Place of the transaction	Outside of a trading venue

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Alex Gheboianu
2.	Reason for the Notification
a)	Position / status	Chief Technology Officer / PDMR
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eleco 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 financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ELCO GB0003081246
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Exercise price of 1p	40,000
d)	Aggregated information: Aggregated volume Price	n/a
e)	Date of the transaction	29 May 2026
f)	Place of the transaction	Outside of a trading venue

 

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