Lok'nStore Group Plc
("Lok'nStore" or "the Company")
Director / PDMR Shareholding
The Company was notified on 17 November 2017, that Neil Newman, Group Sales Director, exercised options over, and subsequently sold 15,000 ordinary shares of 1p each "Ordinary Shares") at a price of 415 pence per Ordinary Share (the "Exercise and the Sale").
The Grant price of these options was as follows: 3,000 at 107 pence and 12,000 at 130.5 pence.
Following the Exercise and the Sale, Mr Newman's shareholdings remain unchanged at 3,300 representing 0.01% of the Company's total voting rights.
Following the Exercise the total number of voting rights in the Company is 29,404,923 Ordinary Share (the "Figure"). The Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Lok'nStore Philippa Myers, Assistant Company Secretary
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01252 521 010 |
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finnCap Ltd Julian Blunt/Giles Rolls, Corporate Finance Alice Lane, Corporate Broking
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020 7220 0500 |
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Camarco Billy Clegg/Tom Huddart
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0203 757 4980 |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Neil Newman |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/Amendment |
Initial |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Lok'nStore Group Plc
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b) |
LEI |
213800MXVAMG3CA42A19 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of 1p each |
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Identification code |
GB0007276115 |
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b) |
Nature of the transaction |
Exercise of Share Options and Sale of shares |
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c) |
Price(s) and volume(s) |
Exercise
Sale
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d) |
Aggregated information: · Aggregated volume · Price |
See above |
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e) |
Date of the transaction |
17 November 2017 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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The information communicated in this announcement is inside information for the purposes of
Article 7 of Regulation 596/2014