Director/PDMR Shareholding

RNS Number : 7231N

Lok'nStore Group PLC

10 May 2018

 

Lok'nStore Group Plc

 ("Lok'nStore" or "the Company")

Director / PDMR Shareholding

The Company was notified on 10 May 2018 that Ray Davies, Group Finance Director, exercised options over, and subsequently sold 5,874 ordinary shares of 1p each ("Ordinary Shares") at a price of 414.6 pence per Ordinary Share (the "Exercise and the Sale").

The options exercised were granted at 213.5 pence in July 2007.

Following the Exercise and the Sale, Mr Davies' shareholdings remain unchanged at 62,554 representing 0.21% of the Company's total voting rights.

Following the Exercise the total number of voting rights in the Company is 29,468,615 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 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	Ray Davies
2.	Reason for the Notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial
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	Ordinary Shares of 1p each
	Identification code	GB0007276115
b)	Nature of the transaction	Exercise and Sale of shares
c)	Price(s) and volume(s)	Exercice Price(s) Volume(s) 213.5p 5,874 Sale Price(s) Volume(s) 414.6p 5,874
d)	Aggregated information: ·     Aggregated volume ·     Price	See above
e)	Date of the transaction	10 May 2018
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

The information communicated in this announcement is inside information for the purposes of

Article 7 of Regulation 596/2014

 

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