Director/PDMR Shareholding

RNS Number : 4743R
Lok'nStore Group PLC
21 September 2017
 

Lok'nStore Group Plc

 ("Lok'nStore" or "the Company")

Director / PDMR Shareholding

 

As a result of changes to Simon Thomas' personal arrangements, on 19 September 2017, 1,644,259 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") held as security against Mr Thomas' personal borrowing facilities with The Royal Bank of Scotland have been transferred to Svenska Handelsbanken AB ("Handelsbanken"). Handelsbanken have also required that a further 155,741 Ordinary Shares are held in security bringing the total number of shares held as security against Mr. Thomas' personal borrowing facilities to 1,800,000 Ordinary Shares.  No change in Mr Thomas' overall interest in the Company has occurred as a result of the above.  The pledge of the shares involved was originally notified on 23 January 2009.

 

Enquiries:

 

Lok'nStore

Philippa Myers,  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

Simon Thomas

2.               

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial

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.

Ordinary Shares of 1p each

Identification code

GB0007276115

b)

Nature of the transaction

Shares pledge as security for borrowing

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

1,800,000

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

1,800,000

n/a

e)

Date of the transaction

19 September 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

         

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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