Last checked at 8 May 2018 17:32
Lok'nStore Group Plc
("Lok'nStore" or "the Company")
Director / PDMR Shareholding
The Company was notified on 8 May 2018 that Ray Davies, Group Finance Director, exercised options over, and subsequently sold 4,126 ordinary shares of 1p each ("Ordinary Shares") at a price of 427.1 pence per Ordinary Share (the "Exercise and the Sale").
The options exercised were granted at 213.5 pence in July 2007.
Following the Exercise and the Sale, Mr Davies' shareholdings remain unchanged at 62,554 representing 0.21% of the Company's total voting rights.
Following the Exercise the total number of voting rights in the Company is 29,462,741 Ordinary Share (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.
Enquiries:
Lok'nStore Sophia Fowler, Assistant Company Secretary
| 01252 521 010 |
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finnCap Ltd Julian Blunt/Giles Rolls, Corporate Finance Alice Lane, Corporate Broking
| 020 7220 0500 |
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Camarco Billy Clegg/Tom Huddart
| 0203 757 4980 |
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||
a) | Name | Ray Davies | ||||||||||
2. | Reason for the Notification | |||||||||||
a) | Position/status | PDMR | ||||||||||
b) | Initial notification/Amendment | Initial | ||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||
a) | Name | Lok'nStore Group Plc
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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 | Exercise and Sale of shares | ||||||||||
c) | Price(s) and volume(s) | Exercice
Sale
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d) | Aggregated information: · Aggregated volume · Price |
See above | ||||||||||
e) | Date of the transaction | 4 and 8 May 2018 | ||||||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||||||
The information communicated in this announcement is inside information for the purposes of
Article 7 of Regulation 596/2014