Director/PDMR Shareholding

RNS Number : 6718T

Lok'n Store Group PLC

21 November 2013

 

Lok'n Store Group

Director/PDMR Shareholding

 21 November 2013

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

Director/PDMR Shareholding

The Company was notified on 19 November 2013 that Richard Holmes, Non-Executive Director of the Company exercised 10,000 share options which were issued to him on 31 July 2007 at 56.5 pence per share.  6,660 of the resulting shares were sold into the market and the remaining 3,340 shares were retained by Mr Holmes.     

Following the transaction Mr Holmes' total interest in the Company is 271,840 Shares, representing approximately 1.0% of the Company's total issued share capital.

Application has been made to the London Stock Exchange for 10,000 new ordinary shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu in all respects with the existing shares. It is expected that admission will occur on 26 November 2013.

Following admission of the new ordinary shares, the capital of the Company will consist of 27,409,449 Ordinary Shares of 1 pence each of which 2,466,859 are held in Treasury.

The total number of voting rights in the Company, excluding Treasury shares will therefore be 24,942,590 (the 'Figure').

The Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

-Ends-

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

 

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