Director/PDMR Shareholding

RNS Number : 7231N
Lok'nStore Group PLC
10 May 2018
 

 

Lok'nStore Group Plc

 ("Lok'nStore" or "the Company")

 

Director / PDMR Shareholding

 

The Company was notified on 10 May 2018 that Ray Davies, Group Finance Director, exercised options over, and subsequently sold 5,874 ordinary shares of 1p each ("Ordinary Shares") at a price of 414.6 pence per Ordinary Share (the "Exercise and the Sale").

The options exercised were granted at 213.5 pence in July 2007.

Following the Exercise and the Sale, Mr Davies' shareholdings remain unchanged at 62,554 representing 0.21% of the Company's total voting rights.

Following the Exercise the total number of voting rights in the Company is 29,468,615 Ordinary Share (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 Guidance and Transparency Rules.

 

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

Ray Davies

2.               

Reason for the Notification

a)

Position/status

PDMR

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

Exercise and Sale of shares

c)

Price(s) and volume(s)

Exercice

Price(s)

Volume(s)

213.5p

5,874

 

Sale

Price(s)

Volume(s)

414.6p

5,874

d)

Aggregated information:

·     Aggregated volume

·     Price

 

See above

e)

Date of the transaction

10 May 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

The information communicated in this announcement is inside information for the purposes of

Article 7 of Regulation 596/2014

 


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