AGM Statement and Q1 2023 Trading Update

4 June 2024

Eleco Plc

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

AGM Statement and Q1 2023 Trading update

At the Company's Annual General Meeting ("AGM") being held at 11:00am today, Mark Castle, Non-Executive Chairman of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, will make the following statement:

"We are  pleased to report that the business continues to perform well with a solid trading performance over the first four months of the financial year.  The Board remains confident in the outlook and trading remains in line with market expectations for the full year.

It is good to see that the hard work and delivery has started to be recognised in the share price, with a  45% increase over the past 12 months. We look forward to driving further growth across the Group in the years ahead."

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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, Vertical Digital and Veeuze from centres of excellence in the UK, Sweden, Germany, the Netherlands, Romania 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, visualisation, Building Information Modelling (BIM) and property management.

For further information please visit www.eleco.com.