REG - Loungers PLC - Director/PDMR Shareholding

LoungersAnnouncement

17/12/2020 16:05

RNS Number : 0667J
  
Loungers PLC
  
17 December 2020
  
 

17 December 2020
 
Loungers plc
 
("Loungers" or the "Company")
 
PDMR Dealing
On 17 December 2020, the Company was notified by Justin Carter, MD - Lounge and a PDMR, that he had sold 40,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 214 pence per Ordinary Share (the "Sale") to meet tax liabilities arising from the Company's IPO in 2019.
 
Following the Sale, Justin Carter is interested in 598,572* Ordinary Shares representing 0.58% per cent. of the issued Ordinary Shares.
 
* included in the resultant holding of Justin Carter is an interest in 89,719 Ordinary Shares which are held in the Company's EBT and over which he has a restricted beneficial interest pursuant to a joint share ownership plan.
 
Enquiries: 



Loungers plc
Nick Collins, Chief Executive Officer
Gregor Grant, Chief Financial Officer
 


Via Instinctif Partners




 


 




GCA Altium (Financial Adviser and NOMAD)
Sam Fuller / Tim Richardson
 


Tel: +44 (0) 20 7484 4040




 


 




Liberum Capital (Joint Broker)
Andrew Godber / John Fishley
 


Tel: +44 (0) 20 3100 2000




 


 




Peel Hunt (Joint Broker)
Dan Webster / Andrew Clark
 


Tel: +44 (0) 20 7418 8900




 


 




Instinctif Partners (Financial Public Relations)
Justine Warren / Matthew Smallwood
 


Tel: +44 (0) 20 7457 2020








 
The Company publicly discloses the following notifications pursuant to the EU Market Abuse Regulations:
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
  


Justin Carter
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
  


MD - Lounge
 




b) 
 


Initial notification /Amendment 
  


Initial notifications
 
 




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


Loungers plc




b)


LEI
 


213800FA4HQ339CRNN34
 




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 
 
Identification code 
 


Ordinary Shares 
 
 
GB00BH4JR002
 




b) 
 


Nature of the transaction 
  


Sale of Ordinary Shares 




c) 
 


Price(s) and volume(s) 
 
 


 



Price(s)


Volume(s)




 
214 pence
 


 
40,000



 
 




d) 
 


Aggregated information 
 
- Aggregated volume 
  
- Price 
 


 
 
n/a - single transaction
 




e) 
 


Date of the transaction 
  


17 December 2020




f) 
 


Place of the transaction 
  


London Stock Exchange



 
                              

 

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