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REG - Lok'nStore Group - Director/PDMR Shareholding and Total Voting Rights

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RNS Number : 3536S  Lok'nStore Group PLC  03 November 2023

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

 

Director/PDMR Shareholding and Total Voting Rights

 

 

The Company was notified on 2 November 2023 of the following transaction by a
PDMR:

 

 PDMR        Exercise of options over ordinary shares  Sale of ordinary shares  Resulting holding of ordinary shares  Resulting %

 Ray Davies  30,000                                    30,000                   81,807                                0.25

 

Options exercised by Ray Davies were held under the terms of the Company's
Unapproved Share Option Scheme and were exercised at £1.36 per ordinary share
and sold at £6.73 per ordinary share.

 

Following the allotment of 30,000 new ordinary shares for the purposes of the
above option exercises the issued share capital of the Company is 32,806,563
ordinary shares of 1 pence each. There are no shares held in treasury and thus
the total number of voting rights in the Company is 32,806,563 which 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                                                                                     01252 521 010

   Suzy Wolfe, Assistant Company Secretary

 finnCap Ltd - Nomad and Joint Broker                                                             020 7220 0500

 Julian Blunt/Seamus Fricker/Trisyia Jamaludin, Corporate Finance

 Sunila De Silva, ECM

 Peel Hunt LLP - Joint Broker                                                                     020 7418 8900

 Capel Irwin/Carl Gough/Henry Nicholls

 Camarco - Financial PR                                                                           0203 757 4980

 Billy Clegg/Tom Huddart/Letaba Rimell

 

 

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                                                         Ray Davies
 2.                                Reason for the Notification
 a)                                Position/status                                              Finance 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                                    Exercise of options held under the Company's Unapproved Share Option Scheme
                                                                                                and sale of resulting shares
 c)                                Price(s) and volume(s)                                                        No. of Shares  Price
                                                                                                Option exercise  30,000         £1.360
                                                                                                Sale             30,000         £6.726
 d)                                Aggregated information:                                      See above

                                   ·    Aggregated volume

                                   ·    Price
 e)                                Date of the transaction                                      Exercise: 31 October 2023

                                                                                                Sale: 2 November 2023
 f)                                Place of the transaction                                     Sale: London Stock Exchange, AIM Market (XLON)

                                                                                                Option Exercise: outside of a trading venue

d)

Aggregated information:

·    Aggregated volume

·    Price

See above

 

e)

Date of the transaction

Exercise: 31 October 2023

Sale: 2 November 2023

f)

Place of the transaction

Sale: London Stock Exchange, AIM Market (XLON)

Option Exercise: outside of a trading venue

 

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