Holding(s) in Company

RNS Number : 8594J

Lok'n Store Group PLC

07 April 2010

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Lok'n Store Group plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Reorganisation of assets managed by the party named in 3 below, and change in number of voting rights	X

3. Full name of person(s) subject to the notification obligation:	Audley Capital Management Limited
4. Full name of shareholder(s) (if different from 3.):	Audley European Opportunities Master Fund; Audley Investment I; Audley Investment II
5. Date of the transaction and date on which the threshold is crossed or reached:	29/03/10
6. Date on which issuer notified:	31/03/10
7. Threshold(s) that is/are crossed or reached:	16%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0007276115	4,062,500	4,062,500	4,262,500		4,262,500		16.6%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
4,262,500	16.6%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Name of Company/Fund	No. of Shares	% of issued share capital
Audley European Opportunities Master Fund	2,642,713	10.3%
Audley Investment I	1,456,535	5.7%

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Simon Thornton
15. Contact telephone number:	01481 737600 (tel #) 01481 710348 (fax #)

 

END

 

 

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