Lok'n Store Sees FY Performance In Line With Market Views

LONDON (Dow Jones)--Lok'n Store Group PLC (LOK.LN), an AIM listed self-storage company, said Wednesday that since its first half results were reported in April, trading has been good and the company's operating performance for the full year to July 31 is in line with market expectations. MAIN FACTS: -Board expects occupancy to have grown by 3% and prices for self storage per square foot to grow by 5% over the 12 month period. -Margins have improved year on year, and the cash position has increased to over GBP5 million (Jan. 31: GBP3.9 million) -Shares closed Tuesday at 84.5 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; tommy.stubbington@dowjones.com (END) Dow Jones Newswires July 28, 2010 02:42 ET (06:42 GMT)