6 April 2022
Loungers plc
("Loungers" or the "Company")
PDMR Dealing
On 5 April 2022, the Company was notified by Justin Carter, MD - Lounge and a PDMR, that he had sold 42,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 240p per share and his spouse had purchased 42,000 ordinary shares at the same price.
As a result of this sale and purchase, the beneficial holding of Justin Carter and his closely associated persons remains unchanged at 598,572* Ordinary Shares representing 0.58% per cent. of the issued Ordinary Shares.
* included in the resultant holding of Justin Carter is an interest in 89,719 Ordinary Shares which are held in the Company's EBT and over which he has a restricted beneficial interest pursuant to a joint share ownership plan.
Enquiries:
Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer
| Via Instinctif Partners |
|
|
Houlihan Lokey (Financial Adviser and NOMAD) Sam Fuller / Tim Richardson
| Tel: +44 (0) 20 7484 4040 |
|
|
Liberum Capital (Joint Broker) Andrew Godber / John Fishley
| Tel: +44 (0) 20 3100 2000 |
|
|
Peel Hunt (Joint Broker) Dan Webster / Andrew Clark
| Tel: +44 (0) 20 7418 8900 |
|
|
Instinctif Partners (Financial Public Relations) Justine Warren / Matthew Smallwood
| Tel: +44 (0) 20 7457 2020 |
The Company publicly discloses the following notifications pursuant to the EU Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Justin Carter
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| MD - Lounge
| ||||
b)
| Initial notification /Amendment
| Initial notifications
| ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Loungers plc | ||||
b) | LEI
| 213800FA4HQ339CRNN34
| ||||
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
Identification code
| Ordinary Shares
GB00BH4JR002
| ||||
b)
| Nature of the transaction
| Sale of 42,000 Ordinary shares to spouse. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
| ||||
e)
| Date of the transaction
| 5 April 2022 | ||||
f)
| Place of the transaction
| London Stock Exchange |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jane Edwards
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PCA of Justin Carter (MD - Lounge)
| ||||
b)
| Initial notification /Amendment
| Initial notifications
| ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Loungers plc | ||||
b) | LEI
| 213800FA4HQ339CRNN34
| ||||
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
Identification code
| Ordinary Shares
GB00BH4JR002
| ||||
b)
| Nature of the transaction
| Purchase of 42,000 Ordinary shares from spouse. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
| ||||
e)
| Date of the transaction
| 5 April 2022 | ||||
f)
| Place of the transaction
| London Stock Exchange |
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.