Block Admission Application

RNS Number : 2423Y

Lok'nStore Group PLC

13 May 2016

 

Lok'nStore Group Plc (the "Company")

Block Admission Application

The Company announced that application has been made to the London Stock Exchange for a block admission of 350,000 ordinary shares of 1 pence each (the "New Ordinary Shares") to be admitted to AIM in connection with the Company's unapproved share option scheme (the "Scheme").

These New Ordinary Shares will be issued from time to time pursuant to the exercise of options under the Scheme and will, when issued, rank pari passu in all respects with the existing ordinary shares in the Company.

It is expected that admission will become effective in the New Ordinary Shares on 18 May 2015 ("Admission").

Following Admission, the Company will continue to have 29,109,322 ordinary shares each in issue, of which 2,466,869 are held in treasury. The total number of voting rights in the Company, excluding treasury shares remains as 26,642,453.

The Company will notify on a monthly basis when there are changes to the issued share capital of the Company, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company, under the FCA's Disclosure and Transparency Rules.

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Enquiries:

Lok'nStore Philippa Myers, Assistant Company Secretary	01252 521 010
finnCap Ltd Julian Blunt/Giles Rolls, Corporate Finance	020 7220 0500
Camarco Bill Clegg	0203 757 4980

 

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