Director Dealing

RNS Number : 9191E

Loungers PLC

04 March 2020

 

4 March 2020

Loungers plc

("Loungers" or the "Company")

Director Dealing

On 3 March 2020, the Company was notified by Alex Reilley, Chairman of the Company, that on 3 March 2020 he had acquired 40,000 ordinary shares in the Company ("Ordinary Shares") at a price of 212.5 pence per Ordinary Share.

Following this acquisition, Alex Reilley is interested in 6,546,757 Ordinary Shares representing 7.08 per cent. of the issued Ordinary Shares.

Enquiries: Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer Via Instinctif Partners GCA Altium (Financial Adviser and NOMAD) Sam Fuller / Katherine Hobbs / Tim Richardson Tel: [phone] Liberum Capital (Joint Broker) Clayton Bush / Andrew Godber / John Fishley Tel: [phone] Peel Hunt (Joint Broker) Dan Webster /George Sellar Tel: [phone] Instinctif Partners (Financial Public Relations) Justine Warren / Matthew Smallwood Tel: [phone]

The Company publicly discloses the following notification pursuant to the EU 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	Acquisition of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 212.5p 40,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Price(s) Aggregated Volume(s) 212.5p 40,000
e)	Date of the transaction	3 March 2020
f)	Place of the transaction	London Stock Exchange

 

END

 

 

DSHEAFDDEESEEAA