Director/PDMR Shareholding

RNS Number : 6504K

Lok'n Store Group PLC

01 August 2013

 

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

Director/PDMR Shareholding

The Company was notified on 31 July 2013 of the following transactions:

Ray Davies, an Executive Director, exercised options over 23,530 Ordinary Shares of 1 pence each in the Company ('Shares') that were awarded to him on 31 July 2010 at a grant price of 85p per share. The option was exercised in full and the shares were sold.

The above transaction was carried out on 31 July 2013 at a price of 136p per share.

Application has been made to the London Stock Exchange for 61,530 new ordinary shares to admitted to trading on AIM. These new ordinary shares, which will rank pari passu in all respects with the existing shares, arise on the exercise of share options referred to above as well as the exercise of 38,000 options by employees.  It is expected that admission will occur on 7 August 2013.

Following these transactions the Director's interests in the issued share capital of the Company are:

Ray Davies, 42,753 shares, representing 0.17%;

For further information please contact:

Ray Davies, Finance Director	Lok'nStore Group plc	01252 521010
Billy Clegg/Oliver Winters/ Latika Shah	FTI Consulting	0207 831 3113
Dominic Morley/Fred Walsh	Panmure Gordon	0207 886 2500

 

END

 

 

RDSSDMFIFFDSEIW