10 May 2023 17:15
Lok'nStore Group plc
('Lok'nStore' or the 'Company')
Director/PDMR Shareholdings
& Total Voting Rights
The Company was notified on 10 May 2023 of the following transaction by a PDMR:
PDMR | Exercise of options over ordinary shares
| Sale of ordinary shares | Resulting holding of ordinary shares | Resulting % |
Ray Davies | 18,000 | 18,000 | 81,479 | 0.27 |
Options exercised by Ray Davies were held under the terms of the Company's Unapproved Share Option Scheme and were exercised at £1.305 per ordinary share and sold at £8.31 per ordinary share.
Following the allotment of 18,000 new ordinary shares for the purposes of the above option exercises the issued share capital of the Company is 30,080,799 ordinary shares of 1 pence each. There are no shares held in treasury and thus the total number of voting rights in the Company is 30,080,799 which 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 Suzy Wolfe, Assistant Company Secretary
| 01252 521 010 |
finnCap Ltd - Nomad and Joint Broker Julian Blunt/Seamus Fricker/Fergus Sullivan, Corporate Finance Alice Lane/Sunila de Silva, 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 information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 which forms part of UK Law by virtue of the European Union (Withdrawal) Act 2018.
1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Ray Davies | |||||||||
2. | Reason for the Notification | ||||||||||
a) | Position/status | Finance 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 | Exercise of options held under the Company's Unapproved Share Option Scheme and sale of resulting shares | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information: · Aggregated volume · Price | See above
| |||||||||
e) | Date of the transaction | 10 May 2023 | |||||||||
f) | Place of the transaction | Sale: London Stock Exchange, AIM Market (XLON) Option Exercise: outside of a trading venue | |||||||||
Lok N Store (LOK)