Director/PDMR Shareholding - Replacement

RNS Number : 2203X
Lok'nStore Group PLC
08 August 2018
 

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 8 August 2018 at 07.00 a.m. under RNS No 1178X.

 

Neil Newman-Shepherd was awarded 60,000 options as opposed to 40,000 previously announced.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

 Lok'nStore Group plc

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

Director/PDMR Shareholding

 

The Company announces that, following the 31 July 2018 year end, the Remuneration Committee has granted options over ordinary shares of 1p each ("Options") to certain directors of the Company under the Company's unapproved share option scheme.

 

Grants to Directors of the Company are detailed below:

 

Director

Number of Options

Exercise Price

Vesting Period

Andrew Jacobs

40,000

600.0p

31/07/2023-31/07/2033

Neil Newman-Shepherd

60,000

600.0p

31/07/2023-31/07/2033

Raymond Davies

40,000

600.0p

31/07/2023-31/07/2033

 

The exercise of these Options is subject to the meeting of certain performance criteria.

 

-Ends-

 

 

Enquiries:

 

  Lok'nStore

  Sophia Fowler, Assistant Company Secretary

 

01252 521 010

  finnCap Ltd

  Julian Blunt/Giles Rolls, Corporate Finance

  Alice Lane, Corporate Broking

 

020 7220 0500

  Camarco

  Billy Clegg/Tom Huddart

 

0203 757 4980

 

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Jacobs

2.               

Reason for the Notification

a)

Position/status

CEO

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

Options over Ordinary Shares

Identification code

GB0007276115

 

b)

Nature of the transaction

Grant of Options

c)

Price(s) and volume(s)

Number of Options

Exercise Price

40,000

 600p

 

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

7 August 2018

f)

Place of the transaction

Outside of trading venue

 

 

 

 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ray Davies

2.               

Reason for the Notification

a)

Position/status

FD

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

Options over Ordinary Shares

Identification code

GB0007276115

 

b)

Nature of the transaction

Grant of Options

c)

Price(s) and volume(s)

Number of Options

Exercise Price

40,000

 600p

 

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

7 August 2018

f)

Place of the transaction

Outside of trading venue

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Newman-Shepherd

2.

Reason for the Notification

a)

Position/status

Group Sales 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

Options over Ordinary Shares

Identification code

GB0007276115

 

b)

Nature of the transaction

Grant of Options

c)

Price(s) and volume(s)

Number of Options

Exercise Price

60,000

 600p

 

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

7 August 2018

f)

Place of the transaction

Outside of trading venue

 

 

 

 

 

 


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