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Pin to quick picksLok N Store Regulatory News (LOK)

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Director/PDMR Shareholding

28 Nov 2019 11:47

RNS Number : 0233V
Lok'nStore Group PLC
28 November 2019
 

 

Lok'nStore Group PLC 

 

28 November 2019

 

 

Lok'nStore Group plc ('Lok'nStore' or the 'Company') 

Director/PDMR Shareholding

 

 

The Company was notified on 27 November 2019 that Neil Newman-Shepherd (Group Sales Director) has exercised options over 2,043 ordinary shares of 1p each ("Ordinary Shares") ("Exercise") and subsequently sold the resultant shares at a price of 670 pence per Ordinary Share on 27 November 2019.

 

As a result of this transaction, Neil Newman-Shepherd's beneficial interest in the Company remains 14,312 Ordinary Shares representing 0.05 per cent of the Company's total voting rights.

 

Following the Exercise the total number of voting rights in the Company is 29,593,213 Ordinary Shares (the "Figure"). The Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

-Ends-

 

Enquiries:

 

Lok'nStore

Sophia Fowler, Assistant Company Secretary

 

01252 521 010

finnCap Ltd

Julian Blunt/Giles Rolls, Corporate Finance

Alice Lane, ECM

 

020 7220 0500

Camarco

Billy Clegg/Tom Huddart/Oliver Head

 

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

Neil Newman-Shepherd

2.

Reason for the Notification

a)

Position/status

Group Sales 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

Options over Ordinary Shares of 1p each

And Ordinary shares of 1p each

Identification code

GB0007276115

 

b)

Nature of the transaction

Exercise and Sale of Shares

c)

Price(s) and volume(s)

Exercise of 500 options at a price of £1.07

Exercise of 1,543 options at a price of £2.07

Sale of 2,043 ordinary shares @ 670p

d)

Aggregated information:

·; Aggregated volume

·; Price

See above

e)

Date of the transaction

27 November 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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