Director/PDMR Shareholding - Replacement

RNS Number : 2203X

Lok'nStore Group PLC

08 August 2018

 

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 8 August 2018 at 07.00 a.m. under RNS No 1178X.

Neil Newman-Shepherd was awarded 60,000 options as opposed to 40,000 previously announced.

All other details remain unchanged.

The full amended text is shown below.

 Lok'nStore Group plc

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

Director/PDMR Shareholding

The Company announces that, following the 31 July 2018 year end, the Remuneration Committee has granted options over ordinary shares of 1p each ("Options") to certain directors of the Company under the Company's unapproved share option scheme.

Grants to Directors of the Company are detailed below:

Director	Number of Options	Exercise Price	Vesting Period
Andrew Jacobs	40,000	600.0p	31/07/2023-31/07/2033
Neil Newman-Shepherd	60,000	600.0p	31/07/2023-31/07/2033
Raymond Davies	40,000	600.0p	31/07/2023-31/07/2033

The exercise of these Options is subject to the meeting of certain performance criteria.

-Ends-

Enquiries:

Lok'nStore   Sophia Fowler, Assistant Company Secretary	01252 521 010
finnCap Ltd   Julian Blunt/Giles Rolls, Corporate Finance   Alice Lane, Corporate Broking	020 7220 0500
Camarco   Billy Clegg/Tom Huddart	0203 757 4980

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Jacobs
2.	Reason for the Notification
a)	Position/status	CEO
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lok'nStore Group plc
b)	LEI	213800MXVAMG3CA42A19
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	Options over Ordinary Shares
	Identification code	GB0007276115
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Number of Options Exercise Price 40,000  600p
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	7 August 2018
f)	Place of the transaction	Outside of trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ray Davies
2.	Reason for the Notification
a)	Position/status	FD
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lok'nStore Group plc
b)	LEI	213800MXVAMG3CA42A19
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	Options over Ordinary Shares
	Identification code	GB0007276115
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Number of Options Exercise Price 40,000  600p
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	7 August 2018
f)	Place of the transaction	Outside of trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Newman-Shepherd
2.	Reason for the Notification
a)	Position/status	Group Sales Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lok'nStore Group plc
b)	LEI	213800MXVAMG3CA42A19
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	Options over Ordinary Shares
	Identification code	GB0007276115
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Number of Options Exercise Price 60,000  600p
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	7 August 2018
f)	Place of the transaction	Outside of trading venue

 

END

 

 

DSHBBGDIBGGBGII