13 Jul 2023 09:15
13 July 2023
Loungers plc
("Loungers" or the "Company")
Director Dealing
On 12 July 2023, the Company was notified by Alex Reilley, Chairman of the Company, that on that date he had sold 200,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 190 pence per Ordinary Share to settle a tax bill.
Following this sale, Alex Reilley remains interested in 6,751,432 Ordinary Shares representing 6.51 per cent. of the issued Ordinary Shares.
Enquiries:
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The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Alex Reilley | ||||
2
| Reason for the notification
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a)
| Position/status
| Chairman and PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
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
| Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information
- Aggregated volume
- Price
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e)
| Date of the transaction
| 12 July 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Loungers Plc (LGRS)