Last checked at 10 May 2023 11:01
Lok'nStore Group plc ('Lok'nStore' or the 'Company')
Director/PDMR Shareholding
Lok'nStore, announces that, further to the announcements made by Peel Hunt LLP on 5 May 2023, Andrew Jacobs, Chair, has sold 1,250,000 Ordinary Shares of 1p each ("Ordinary Shares") in the Capital of the Company at a price of 800 pence per Ordinary Share in order to satisfy institutional demand.
As a result of this transaction, Andrew Jacobs and persons closely associated with him will own, in aggregate, 4,359,550 Ordinary Shares representing 14.5 per cent of the Company's total voting rights.
In addition, the Company was notified on 9 May 2023 that Charles Peal, Non-Executive Director, has sold 5,000 Ordinary Shares from his ISA at a price of 831 pence per Ordinary Share, and his wife, Antonia Peal has also sold 5,000 Ordinary Shares from her ISA at a price of 831 pence per Ordinary Share.
As a result of this transaction, Charles Peal's beneficial interest in the Company decreases to 766,350 Ordinary Shares representing 2.55 per cent of the Company's total voting rights.
The Company was also notified on the 9 May 2023 that Simon Thomas, has sold 100,000 Ordinary Shares from his beneficial holding at a price of 815 pence per Ordinary Share.
As a result of this transaction, Simon Thomas' beneficial interest in the Company decreases to 1,292,800 Ordinary Shares representing 4.30 per cent of the Company's total voting rights.
-Ends-
Enquiries:
Lok'nStore Suzy Wolfe, Assistant Company Secretary
| 01252 521 010 |
finnCap Ltd - Nomad and Joint Broker Julian Blunt/Seamus Fricker/Fergus Sullivan, Corporate Finance Alice Lane, ECM
| 020 7220 0500 |
Peel Hunt LLP - Joint Broker Capel Irwin/Carl Gough/Henry Nicholls
| 020 7418 8900
|
Camarco - Financial PR Billy Clegg/Tom Huddart/Letaba Rimell | 0203 757 4980 |
The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Andrew Jacobs | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chair | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lok'nStore Group plc | ||||
b) | LEI | 213800MXVAMG3CA42A19 | ||||
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 | GB0007276115
| |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Sale
| ||||
d) | Aggregated information: · Aggregated volume · Price | See 4 c) above | ||||
e) | Date of the transaction | 5 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Charles Peal | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lok'nStore Group plc | ||||
b) | LEI | 213800MXVAMG3CA42A19 | ||||
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 | GB0007276115
| |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Sale
| ||||
d) | Aggregated information: · Aggregated volume · Price | See above | ||||
e) | Date of the transaction | 9 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Antonia Peal | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Person closely associated to Charles Peal - Non-Executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lok'nStore Group plc | ||||
b) | LEI | 213800MXVAMG3CA42A19 | ||||
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 | GB0007276115
| |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Sale
| ||||
d) | Aggregated information: · Aggregated volume · Price | See above | ||||
e) | Date of the transaction | 9 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Simon Thomas | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Lok'nStore Group plc | ||||
b) | LEI | 213800MXVAMG3CA42A19 | ||||
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 | GB0007276115
| |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Sale
| ||||
d) | Aggregated information: · Aggregated volume · Price | See above | ||||
e) | Date of the transaction | 9 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||