Last checked at 27 Apr 2020 10:52
27 April 2020
Loungers plc
("Loungers" or the "Company")
Directors / PDMRs Dealings
As announced on 23 April 2020, certain Directors and other PDMRs in the Company each subscribed for ordinary shares of 1 pence each ("Ordinary Shares") as part of the placing of 9,250,000 new Ordinary Shares (the "Placing Shares") undertaken by the Company on that date, all at a price of 90 pence per Placing Share, as set out below:
Resultant Holding | ||||
Shareholder | Position | Number of Placing Shares | Number of Ordinary Shares | % of Enlarged Issued Share Capital |
Director | ||||
Alex Reilley | Executive Chairman | 654,675 | 7,201,432 | 7.08 |
Nick Collins | CEO | 130,570 | 1,436,276* | 1.41 |
Gregor Grant | CFO | 33,333 | 180,148 | 0.18 |
Nick Backhouse | Non-Executive | 1,403 | 13,903 | 0.01 |
Adam Bellamy | Non-Executive | 1,403 | 13,903 | 0.01 |
Jill Little | Non-Executive | 1,403 | 13,903 | 0.01 |
PDMR | ||||
Jake Bishop | Commercial Director | 650,675 | 7,157,432 | 7.03 |
Justin Carter | MD - Lounge | 49,896 | 638,572* | 0.63 |
Amber Wood | MD - Cosy Club | 11,111 | 29,464 | 0.03 |
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* included in the resultant holdings of Nick Collins and Justin Carter are interests in 179,439 Ordinary Shares and 89,719 Ordinary Shares respectively, which are held in the Company's EBT and over which each has a restricted beneficial interest pursuant to a joint share ownership plan. | ||||
The Company publicly discloses the following notifications pursuant to the EU Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| 1. Alex Reilley 2. Nick Collins 3. Gregor Grant 4. Nick Backhouse 5. Adam Bellamy 6. Jill Little 7. Jake Bishop 8. Justin Carter 9. Amber Wood
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2
| Reason for the notification
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a)
| Position/status
| 1. Chairman 2. Chief Executive 3. Chief Financial Officer 4. Non-Executive Director 5. Non-Executive Director 6. Non-Executive Director 7. Commercial Director 8. MD - Lounge 9. MD - Cosy Club
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b)
| Initial notification /Amendment
| Initial notifications | ||||||||||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Loungers plc | ||||||||||||||||||||||
b) | LEI
| 213800FA4HQ339CRNN34
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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
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a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares
GB00BH4JR002
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b)
| Nature of the transaction
| Purchase of Ordinary Shares | ||||||||||||||||||||||
c)
| Price(s) and volume(s)
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All transactions were undertaken at a price of 90 pence per share
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d)
| Aggregated information
- Aggregated volume
- Price
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n/a single transaction for each individual
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e)
| Date of the transaction
| 27 April 2020 | ||||||||||||||||||||||
f)
| Place of the transaction
| London Stock Exchange | ||||||||||||||||||||||
Enquiries:
Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer
| Via Instinctif Partners | |
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GCA Altium (Financial Adviser and NOMAD) Sam Fuller / Tim Richardson
| Tel: +44 (0) 20 7484 4040 | |
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Liberum Capital (Joint Broker) Andrew Godber / John Fishley
| Tel: +44 (0) 20 3100 2000 | |
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Peel Hunt (Joint Broker) Dan Webster /George Sellar
| Tel: +44 (0) 20 7418 8900 | |
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Instinctif Partners (Financial Public Relations) Justine Warren / Matthew Smallwood
| Tel: +44 (0) 20 7457 2020 | |