Lok'nStore Group plc
('Lok'nStore' or the 'Company')
Director/PDMR Shareholding
The Company was notified on 20 July 2023 that Charles Peal, Non-executive Director has, as part of his personal tax planning, sold 267,049 ordinary shares of 1p each ("Ordinary Shares") from his SIPP at a price of 769.68 pence per Ordinary Share. The proceeds will be distributed and therefore liable to income tax. Mr Peal intends, subject to market conditions, to re-invest the majority of the post-tax net proceeds into Ordinary Shares in due course. Further announcements will be made as required.
As a result of this sale, Mr Peal's beneficial interest in the Company amounts to 499,301 Ordinary Shares representing 1.52 per cent of the Company's total voting rights.
-Ends-
Enquiries:
Lok'nStore Andrew Jacobs, Chair Ray Davies, Finance Director
| 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 Hough/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 | Charles Peal | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non-executive 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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price | See above | ||||
e) | Date of the transaction | 20 July 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
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.