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Director/PDMR Shareholding

20 Nov 2017 11:29

RNS Number : 9784W
Lok'nStore Group PLC
20 November 2017
 

 

Lok'nStore Group Plc

 ("Lok'nStore" or "the Company")

Director / PDMR Shareholding

 

The Company was notified on 17 November 2017, that Neil Newman, Group Sales Director, exercised options over, and subsequently sold 15,000 ordinary shares of 1p each "Ordinary Shares") at a price of 415 pence per Ordinary Share (the "Exercise and the Sale").

 

The Grant price of these options was as follows: 3,000 at 107 pence and 12,000 at 130.5 pence.

 

Following the Exercise and the Sale, Mr Newman's shareholdings remain unchanged at 3,300 representing 0.01% of the Company's total voting rights.

 

Following the Exercise the total number of voting rights in the Company is 29,404,923 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

Philippa Myers, Assistant Company Secretary

 

01252 521 010

 

finnCap Ltd

Julian Blunt/Giles Rolls, Corporate Finance

Alice Lane, Corporate Broking

  

020 7220 0500

 

Camarco

Billy Clegg/Tom Huddart

 

0203 757 4980

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Newman

2.

Reason for the Notification

a)

Position/status

Director

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

 

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 of Share Options and Sale of shares

c)

Price(s) and volume(s)

Exercise

Exercise Price(s)

Volume(s)

107

3,000

130.5

12,000

Sale

Price(s)

Volume(s)

415.00

15,000

d)

Aggregated information:

· Aggregated volume

· Price

 

See above

e)

Date of the transaction

17 November 2017

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHOKKDBDBDDFDB
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