21st Jul 2023 11:55
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) | ||||
Related Shares:
Lok N Store