Director Dealing

Loungers PLC

13 July 2023

 

13 July 2023

Loungers plc

("Loungers" or the "Company")

Director Dealing

On 12 July 2023, the Company was notified by Alex Reilley, Chairman of the Company, that on that date he had sold 200,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 190 pence per Ordinary Share to settle a tax bill.

Following this sale, Alex Reilley remains interested in 6,751,432 Ordinary Shares representing 6.51 per cent. of the issued Ordinary Shares.

Enquiries: Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer Via Powerscourt Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Sam Fuller /Tim Richardson Tel: [phone] Liberum Capital Limited (Joint Broker) Andrew Godber / John Fishley Tel: [phone] Peel Hunt LLP (Joint Broker) Dan Webster / George Sellar Tel: [phone] Powerscourt (Financial Public Relations) Rob Greening / Nick Hayns / Elizabeth Kittle Tel: [phone]

The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alex Reilley
2	Reason for the notification
a)	Position/status	Chairman and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Loungers plc
b)	LEI	213800FA4HQ339CRNN34
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 Identification code	Ordinary Shares GB00BH4JR002
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 190p 200,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Price(s) Aggregated Volume(s) £380,000 200,000
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	London Stock Exchange

 

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