4th Mar 2020 07:00
4 March 2020
Loungers plc
("Loungers" or the "Company")
Director Dealing
On 3 March 2020, the Company was notified by Alex Reilley, Chairman of the Company, that on 3 March 2020 he had acquired 40,000 ordinary shares in the Company ("Ordinary Shares") at a price of 212.5 pence per Ordinary Share.
Following this acquisition, Alex Reilley is interested in 6,546,757 Ordinary Shares representing 7.08 per cent. of the issued Ordinary Shares.
Enquiries:
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The Company publicly discloses the following notification pursuant to the EU 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
| Acquisition 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
| 3 March 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Related Shares:
Loungers Plc