Lok'nStore Group plc ('Lok'nStore' or the 'Company')
Director/PDMR Shareholding and Total Voting Rights
The Company was notified on 18 December 2023 of the following transaction by a PDMR:
| PDMR | Previous holding of ordinary shares | Exercise of options over ordinary shares
| Sale of ordinary shares | Resulting holding of ordinary shares | Resulting % |
| Neil Newman-Shepherd | 30,739 | 48,580 | 48,580 | 30,739 | 0.09 |
Of the 48,580 options exercised by Neil Newman-Shepherd, 47,580 were held under the terms of the Company's Unapproved Share Option Scheme and were exercised at £1.36 per ordinary share and 1,000 of the options were held under the terms of the Company's CSOP Scheme and were exercised at £2.07 per ordinary share. The options exercised were sold at an average price of 813.97 pence per ordinary share.
Following the allotment of 48,580 new ordinary shares for the purposes of the above option exercises the issued share capital of the Company is 32,885,143 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 32,885,143 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.
-Ends-
Enquiries:
| Lok'nStore Suzy Wolfe, Assistant Company Secretary
| 01252 521 010 |
| Cavendish Capital Markets Ltd - Nomad and Joint Broker Julian Blunt/Seamus Fricker/Trisyia Jamaludin, Corporate Finance Sunila De Silva, Corporate Broking
| 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 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 Managing 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 CSOP 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 | Exercise: 18 December 2023 Sale: 18 December 2023 | |||||||||||||||
| f) | Place of the transaction | Sale: London Stock Exchange, AIM Market (XLON) Option Exercise: outside of a trading venue | |||||||||||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
