Director/PDMR Shareholding

Lok'nStore Group PLC
10 May 2023
 

 

 

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

Director/PDMR Shareholding

 

Lok'nStore, announces that, further to the announcements made by Peel Hunt LLP on 5 May 2023, Andrew Jacobs, Chair, has sold 1,250,000 Ordinary Shares of 1p each ("Ordinary Shares") in the Capital of the Company at a price of 800 pence per Ordinary Share in order to satisfy institutional demand.

 

As a result of this transaction, Andrew Jacobs and persons closely associated with him will own, in aggregate, 4,359,550 Ordinary Shares representing 14.5 per cent of the Company's total voting rights.

In addition, the Company was notified on 9 May 2023 that Charles Peal, Non-Executive Director, has sold 5,000 Ordinary Shares from his ISA at a price of 831 pence per Ordinary Share, and his wife, Antonia Peal has also sold 5,000 Ordinary Shares from her ISA at a price of 831 pence per Ordinary Share.

As a result of this transaction, Charles Peal's beneficial interest in the Company decreases to 766,350 Ordinary Shares representing 2.55 per cent of the Company's total voting rights.

The Company  was also notified on the 9 May 2023 that Simon Thomas, has sold 100,000 Ordinary Shares from his beneficial holding at a price of 815 pence per Ordinary Share.

As a result of this transaction, Simon Thomas' beneficial interest in the Company decreases to 1,292,800 Ordinary Shares representing 4.30 per cent of the Company's total voting rights.

 

-Ends-

 

Enquiries:

  

  Lok'nStore

Suzy Wolfe, Assistant Company Secretary

 

01252 521 010

finnCap Ltd - Nomad and Joint Broker

Julian Blunt/Seamus Fricker/Fergus Sullivan, Corporate Finance

Alice Lane, ECM

 

020 7220 0500

Peel Hunt LLP - Joint Broker

Capel Irwin/Carl Gough/Henry Nicholls                   

                                               

020 7418 8900                                         

 

Camarco - Financial PR

Billy Clegg/Tom Huddart/Letaba Rimell

0203 757 4980

 

 

The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

1.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Jacobs

2.           

Reason for the Notification

a)

Position/status

 Chair

b)

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lok'nStore Group plc

b)

LEI

213800MXVAMG3CA42A19

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

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Sale

No. of Shares

Price

1,250,000

800p

d)

Aggregated information:

·    Aggregated volume

·    Price

See 4 c) above

e)

Date of the transaction

5 May 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charles Peal

2.           

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lok'nStore Group plc

b)

LEI

213800MXVAMG3CA42A19

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

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Sale

No. of Shares

Price

5,000

831p

d)

Aggregated information:

·    Aggregated volume

·    Price

See above

e)

Date of the transaction

9 May 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Antonia Peal

2.           

Reason for the Notification

a)

Position/status

Person closely associated to Charles Peal - Non-Executive Director

b)

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lok'nStore Group plc

b)

LEI

213800MXVAMG3CA42A19

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

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Sale

No. of Shares

Price

5,000

831p

d)

Aggregated information:

·    Aggregated volume

·    Price

See above

e)

Date of the transaction

9 May 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Thomas

2.           

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lok'nStore Group plc

b)

LEI

213800MXVAMG3CA42A19

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

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Sale

No. of Shares

Price

100,000

815p

d)

Aggregated information:

·    Aggregated volume

·    Price

See above

e)

Date of the transaction

9 May 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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