REG - Lok'nStore Group - Director/PDMR Shareholding
RNS Number : 5582HLok'nStore Group PLC01 August 2019Lok'nStore Group plc ('Lok'nStore' or the 'Company')
Director/PDMR Shareholding
The Company announces that, following the 31 July 2019 year end, the Remuneration Committee has granted options over ordinary shares of 1p each ("Options") to certain directors of the Company under the Company's unapproved share option scheme.
Grants to Directors of the Company are detailed below:
Director
Number of Options
Exercise Price
Vesting Period
Andrew Jacobs
40,000
600.0p
31/07/2024-31/07/2034
Neil Newman-Shepherd
60,000
600.0p
31/07/2024-31/07/2034
Raymond Davies
40,000
600.0p
31/07/2024-31/07/2034
The exercise of these Options is subject to the meeting of certain performance criteria.
-Ends-
Enquiries:
Lok'nStore
Sophia Fowler, Assistant Company Secretary
01252 521 010
finnCap Ltd
Julian Blunt/Giles Rolls, Corporate Finance
Alice Lane, ECM
020 7220 0500
Camarco
Billy Clegg/Tom Huddart
0203 757 4980
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Jacobs
2.
Reason for the Notification
a)
Position/status
CEO
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
Options over Ordinary Shares
Identification code
GB0007276115
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
Number of Options
Exercise Price
40,000
600p
d)
Aggregated information:
· Aggregated volume
· Price
See above
e)
Date of the transaction
31 July 2019
f)
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ray Davies
2.
Reason for the Notification
a)
Position/status
FD
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
Options over Ordinary Shares
Identification code
GB0007276115
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
Number of Options
Exercise Price
40,000
600p
d)
Aggregated information:
· Aggregated volume
· Price
See above
e)
Date of the transaction
31 July 2019
f)
Place of the transaction
Outside of trading venue
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 Sales 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
Options over Ordinary Shares
Identification code
GB0007276115
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
Number of Options
Exercise Price
60,000
600p
d)
Aggregated information:
· Aggregated volume
· Price
See above
e)
Date of the transaction
31 July 2019
f)
Place of the transaction
Outside of trading venue
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