REG - Loungers PLC - Director Dealing

LoungersAnnouncement

09/01/2024 09:00

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RNS Number : 0931Z  Loungers PLC  09 January 2024

9 January 2024

 

Loungers plc

 

("Loungers" or the "Company")

 

Director Dealing

On 8 January 2024, the Company was notified by Nick Collins, CEO of the
Company, that on that date he had sold 130,000 ordinary shares of 1 pence each
in the Company ("Ordinary Shares") at a price of 221 pence per Ordinary Share.

Following this sale, Nick Collins remains interested in 956,276 Ordinary
Shares representing 0.92 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 7839 3355

 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                                                         Nick Collins

 2    Reason for the notification

 a)   Position/status                                              CEO 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)

                                                                   221p      130,000

 
 d)   Aggregated information

 Aggregated Price(s)   Aggregated Volume(s)

      - Aggregated volume                                          £287,330               200,000

      - Price

 e)   Date of the transaction                                      8 January 2024

 f)   Place of the transaction                                     London Stock Exchange

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

  Aggregated Price(s)   Aggregated Volume(s)

 £287,330               200,000

e)

 

Date of the transaction

 

8 January 2024

f)

 

Place of the transaction

 

London Stock Exchange

 

 

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