25 February 2014
Lok'nStore Group plc
("Lok'nStore" or "the Group")
Holding(s) in Company
Lok'nStore announces that, on 21 February 2014, Douglas Hampson, a non-executive director of Lok'nStore Group Plc, through his company Montecito Storage Investors LLC ("Montecito") sold its entire holding of 4,033,909 ordinary shares in the Company ("Ordinary Shares") at £1.95 per share.
Following the transaction Montecito and Mr Hampson no longer have an interest in the shares in the Company. Mr Hampson also resigned from the Lok'nStore Board, the details of which are announced separately
The shares were acquired by an assortment of buyers including some existing shareholders and by some new investors.
Mr Charles Peal a non-executive director also added 450,000 shares to his holding, the details of which are announced separately.
-Ends-
For further information:
Lok'nStore |
Tel: 01252 521010 |
Andrew Jacobs, CEO Ray Davies, Finance Director
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FTI Consulting |
Tel: 020 7831 3113 |
Jonathan Brill / Oliver Winters
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Panmure Gordon & Co |
Tel: 020 7459 3600 |
Corporate Finance: Dominic Morley / Fred Walsh Corporate Broking: Charles Leigh-Pemberton |