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Sale of Treasury Shares

19th May 2021 15:50

RNS Number : 1899Z
Lok'nStore Group PLC
19 May 2021
 

Lok'nStore Group plc ("Lok'nStore" or "the Company")

Sale of Treasury Shares

 

Lok'nStore, the fast-growing self-storage Company, is pleased to announce that on 18 May 2021 it sold 126,855 ordinary shares of 1 penny each in the Company ("Ordinary Shares") held in treasury.

 

This sale was undertaken to satisfy demand for the Company's shares, and to improve liquidity going forward. The Ordinary Shares were sold to an institutional investor at a price of 668.66 pence per Ordinary Share.

 

The total number of Ordinary Shares in issue following the sale of treasury shares referred to above will be 29,675,167 with no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

-Ends-

 

Enquiries:

 

Lok'nStore

Suzy Wolfe, Assistant Company Secretary

 

01252 521 010

finnCap Ltd

Julian Blunt/Seamus Fricker, Corporate Finance

Alice Lane, ECM

 

020 7220 0500

Camarco

Billy Clegg/Tom Huddart/Oliver Head

 

0203 757 4980

 

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