23rd Jan 2009 17:25
23 January 2009
LOK'NSTORE GROUP PLC
Notification under Rule 17 of the AIM Rules
Following clarification from the FSA on 9 January 2009 regarding disclosure of grants of security over shares, Lok'nStore Group plc (Lok'nStore) made enquiries of its directors and has issued this announcement in accordance with the AIM Rules.
For clarity this announcement confirms that there have been no new pledges of security by Directors and therefore this announcement reiterates information previously disclosed in the 2007 and 2008 AGM Circulars and sent to all shareholders. The Circulars are located on the Company's website in the investor section www.loknstore.co.uk.
Andrew Jacobs (CEO) pledged in April 2007, as security against personal borrowing facilities, 2,425, 509 Ordinary Shares.
Simon Thomas (Chairman) pledged in April 2007, as security against personal borrowing facilities, 1,644,259 Ordinary Shares.
Both Directors disclosed the pledges detailed above to the Board at the time of making the arrangement.
Lok'nStore is not aware of any other of its Directors or their connected persons who have granted any existing security interest such as a pledge, mortgage or charge over their Lok'nStore shares.
ENDS
Enquiries:
Lok'nStore Group plc
Ray Davies, Finance Director Tel: 01252 52 10 10
Financial Dynamics
Billy Clegg Tel: 020 7269 7157
Related Shares:
Lok N Store