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REG - Lok'nStore Group - Director/PDMR Shareholding

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RNS Number : 8311G  Lok'nStore Group PLC  21 July 2023

 

 

 

Lok'nStore Group plc

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

 

Director/PDMR Shareholding

 

The Company was notified on 20 July 2023 that Charles Peal, Non-executive
Director has, as part of his personal tax planning, sold 267,049 ordinary
shares of 1p each ("Ordinary Shares") from his SIPP at a price of 769.68 pence
per Ordinary Share. The proceeds will be distributed and therefore liable to
income tax. Mr Peal intends, subject to market conditions, to re-invest the
majority of the post-tax net proceeds into Ordinary Shares in due course.
Further announcements will be made as required.

 

As a result of this sale, Mr Peal's beneficial interest in the Company amounts
to 499,301 Ordinary Shares representing 1.52 per cent of the Company's total
voting rights.

 

-Ends-

 

Enquiries:

 

 Lok'nStore                                                       01252 521 010

 Andrew Jacobs, Chair

 Ray Davies, Finance Director

 finnCap Ltd - Nomad and Joint Broker                             020 7220 0500

 Julian Blunt/Seamus Fricker/Fergus Sullivan, Corporate Finance

 Alice Lane, Sunila de Silva, ECM

 Peel Hunt LLP - Joint Broker                                     020 7418 8900

 Capel Irwin/Carl Hough/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                                                         Charles Peal
 2.                                Reason for the Notification
 a)                                Position/status                                              Non-executive 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                                    Sale of Ordinary Shares
 c)                                Price(s) and volume(s)

No. of Shares  Price
                                                                                                267,049        769.68p
 d)                                Aggregated information:                                      See above

                                   ·    Aggregated volume

                                   ·    Price
 e)                                Date of the transaction                                      20 July 2023
 f)                                Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·    Aggregated volume

·    Price

See above

e)

Date of the transaction

20 July 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

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