REG - Loungers PLC - Director/PDMR Shareholding

LoungersAnnouncement

06/04/2022 07:15

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RNS Number : 4489H  Loungers PLC  06 April 2022

6 April 2022

 

Loungers plc

 

("Loungers" or the "Company")

 

PDMR Dealing

On 5 April 2022, the Company was notified by Justin Carter, MD - Lounge and a
PDMR, that he had sold 42,000 ordinary shares of 1 pence each in the Company
("Ordinary Shares") at a price of 240p per share and his spouse had purchased
42,000 ordinary shares at the same price.

 

As a result of this sale and purchase, the beneficial holding of Justin Carter
and his closely associated persons remains unchanged at 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                                      Via Instinctif Partners

 Nick Collins, Chief Executive Officer

 Gregor Grant, Chief Financial Officer

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

 Sam Fuller / Tim Richardson

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

 Andrew Godber / John Fishley

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

 Dan Webster / Andrew Clark

 Instinctif Partners (Financial Public Relations)  Tel: +44 (0) 20 7457 2020

 Justine Warren / Matthew Smallwood

 

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  Ordinary Shares

      Identification code

                                                                   GB00BH4JR002

 b)   Nature of the transaction                                    Sale of 42,000 Ordinary shares to spouse.

 c)   Price(s) and volume(s)

Price(s)    Volume(s)

                                                                   240 pence   42,000

 

 d)   Aggregated information

      - Aggregated volume                                          n/a - single transaction

      - Price

 e)   Date of the transaction                                      5 April 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a - single transaction

 

e)

 

Date of the transaction

 

5 April 2022

f)

 

Place of the transaction

 

London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jane Edwards

 2    Reason for the notification

 a)   Position/status                                              PCA of Justin Carter (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  Ordinary Shares

      Identification code

                                                                   GB00BH4JR002

 b)   Nature of the transaction                                    Purchase of 42,000 Ordinary shares from spouse.

 c)   Price(s) and volume(s)

Price(s)    Volume(s)

                                                                   240 pence   42,000

 

 d)   Aggregated information

      - Aggregated volume                                          n/a - single transaction

      - Price

 e)   Date of the transaction                                      5 April 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a - single transaction

 

e)

 

Date of the transaction

 

5 April 2022

f)

 

Place of the transaction

 

London Stock Exchange

 

 

 

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