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

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RNS Number : 3008X  Lok'nStore Group PLC  19 December 2023

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

 

Director/PDMR Shareholding and Total Voting Rights

 

 

The Company was notified on 18 December 2023 of the following transaction by a
PDMR:

 

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

 Neil Newman-Shepherd  30,739                               48,580                                    48,580                   30,739                                0.09

 

Of the 48,580 options exercised by Neil Newman-Shepherd, 47,580 were held
under the terms of the Company's Unapproved Share Option Scheme and were
exercised at £1.36 per ordinary share and 1,000 of the options were held
under the terms of the Company's CSOP Scheme and were exercised at £2.07 per
ordinary share. The options exercised were sold at an average price of 813.97
pence per ordinary share.

 

 

Following the allotment of 48,580 new ordinary shares for the purposes of the
above option exercises the issued share capital of the Company is 32,885,143
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 32,885,143 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

 Cavendish Capital Markets Ltd - Nomad and Joint Broker                                           020 7220 0500

 Julian Blunt/Seamus Fricker/Trisyia Jamaludin, Corporate Finance

 Sunila De Silva, Corporate Broking

 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                                                         Neil Newman-Shepherd
 2.                                Reason for the Notification
 a)                                Position/status                                              Group Managing 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 CSOP Scheme and sale of resulting shares
 c)                                Price(s) and volume(s)                                                        No. of Shares  Price
                                                                                                Option exercise  47,580         136 pence
                                                                                                Option exercise  1,000          207 pence
                                                                                                Sale             10,000         810 pence
                                                                                                Sale             38,580         815 pence
 d)                                Aggregated information:                                      See above

                                   ·    Aggregated volume

                                   ·    Price
 e)                                Date of the transaction                                      Exercise: 18 December 2023

                                                                                                Sale: 18 December 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: 18 December 2023

Sale: 18 December 2023

f)

Place of the transaction

Sale: London Stock Exchange, AIM Market (XLON)

Option Exercise: outside of a trading venue

 

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.   END  DSHGCBDDUUBDGXC

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