REG - Loungers PLC - Director Dealing

LoungersAnnouncement

13/07/2023 09:30

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RNS Number : 9280F  Loungers PLC  13 July 2023

13 July 2023

 

Loungers plc

 

("Loungers" or the "Company")

 

Director Dealing

On 12 July 2023, the Company was notified by Alex Reilley, Chairman of the
Company, that on that date he had sold 200,000 ordinary shares of 1 pence each
in the Company ("Ordinary Shares") at a price of 190 pence per Ordinary Share
to settle a tax bill.

Following this sale, Alex Reilley remains interested in 6,751,432 Ordinary
Shares representing 6.51 per cent. of the issued Ordinary Shares.

 Enquiries:

Loungers plc                                             Via Powerscourt

 Nick Collins, Chief Executive Officer

 Gregor Grant, Chief Financial Officer

 Houlihan Lokey UK Limited (Financial Adviser and NOMAD)  Tel: +44 (0) 20 7484 4040

 Sam Fuller /Tim Richardson

 Liberum Capital Limited (Joint Broker)                   Tel: +44 (0) 20 3100 2000

 Andrew Godber / John Fishley

 Peel Hunt LLP (Joint Broker)                                                      Tel: +44 (0) 20 7418 8900

 Dan Webster / George Sellar

 Powerscourt (Financial Public Relations)                                          Tel: +44 (0) 20 7250 1446

 Rob Greening / Nick Hayns / Elizabeth Kittle

 

The Company publicly discloses the following notification pursuant to the UK
Market Abuse Regulations:

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Alex Reilley

 2    Reason for the notification

 a)   Position/status                                              Chairman and PDMR

 b)   Initial notification /Amendment                              Initial notification

 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  Ordinary Shares

      Identification code

                                                                   GB00BH4JR002

 b)   Nature of the transaction                                    Sale of Ordinary Shares

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   190p      200,000

 
 d)   Aggregated information

 Aggregated Price(s)   Aggregated Volume(s)

      - Aggregated volume                                          £380,000               200,000

      - Price

 e)   Date of the transaction                                      12 July 2023

 f)   Place of the transaction                                     London Stock Exchange

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

  Aggregated Price(s)   Aggregated Volume(s)

 £380,000               200,000

e)

 

Date of the transaction

 

12 July 2023

f)

 

Place of the transaction

 

London Stock Exchange

 

 

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