Last checked at 2 Jan 2020 17:13
2 January 2020
Loungers plc
("Loungers" or the "Company")
Director Dealing
On 27 December 2019, the interest of Robert Darwent, a Non-Executive Director of the Company, in the issued ordinary shares of the Company ("Ordinary Shares") altered as a result of the disposal on that date (the "Disposal") of 9,000,000 Ordinary Shares by funds advised by Lion Capital LLP ("Lion"). Robert Darwent is a partner in Lion and is deemed to be interested in the Ordinary Shares held by funds advised by Lion.
Further information on the Disposal can be found in the following announcement:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LGRS/14363902.html
Following the Disposal, funds advised by Lion remain interested in 26,728,524 Ordinary Shares representing 28.89 per cent. of the Ordinary Shares.
Enquiries:
| |||||||||||||||||||||||||||||
The Company publicly discloses the following notification pursuant to the EU Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Robert Darwent | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director and PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Loungers plc | ||||
b) | LEI
| 213800FA4HQ339CRNN34
| ||||
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
Identification code
| Ordinary Shares
GB00BH4JR002
| ||||
b)
| Nature of the transaction
| Disposal of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 27 December 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||