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Director Dealing

9th Jan 2024 08:55

RNS Number : 0931Z
Loungers PLC
09 January 2024
 

9 January 2024

 

Loungers plc

 

("Loungers" or the "Company")

 

Director Dealing

On 8 January 2024, the Company was notified by Nick Collins, CEO of the Company, that on that date he had sold 130,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 221 pence per Ordinary Share.

Following this sale, Nick Collins remains interested in 956,276 Ordinary Shares representing 0.92 per cent. of the issued Ordinary Shares.

Enquiries:

 

Loungers plc

Nick Collins, Chief Executive Officer

Gregor Grant, Chief Financial Officer

 

Via Powerscourt

Houlihan Lokey UK Limited (Financial Adviser and NOMAD)

Sam Fuller /Tim Richardson

 

Tel: +44 (0) 20 7839 3355

Liberum Capital Limited (Joint Broker)

Andrew Godber / John Fishley

 

Tel: +44 (0) 20 3100 2000

Peel Hunt LLP (Joint Broker)

Dan Webster / George Sellar

 

Tel: +44 (0) 20 7418 8900

Powerscourt (Financial Public Relations)

Rob Greening / Nick Hayns / Elizabeth Kittle

 

Tel: +44 (0) 20 7250 1446

 

The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Nick Collins

2

 

Reason for the notification

 

a)

 

Position/status

  

CEO and PDMR

b)

 

Initial notification /Amendment

Initial notification

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 Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

221p

130,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 Aggregated Price(s)

 

Aggregated Volume(s)

£287,330

200,000

e)

 

Date of the transaction

8 January 2024

f)

 

Place of the transaction

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.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.
 
END
 
 
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Related Shares:

Loungers Plc
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