Director/PDMR Shareholding

RNS Number : 1374V

Lok'nStore Group PLC

05 August 2020

 

   Lok'nStore Group plc

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

Director/PDMR Shareholding

The Company announces that, following the 31 July 2020 year end, the Remuneration Committee has granted 310,025 options over ordinary shares of 1p each ("Options") to certain directors and employees 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	31/07/2025-31/07/2035
Neil Newman-Shepherd	60,000	600.0p	31/07/2025-31/07/2035
Raymond Davies	40,000	600.0p	31/07/2025-31/07/2035

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

-Ends-

Enquiries :

Lok'nStore   Suzy Wolfe, Assistant Company Secretary	01252 521 010
finnCap Ltd   Julian Blunt/Giles Rolls, Corporate Finance   Alice Lane, ECM	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	31 July 2020
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	31 July 2020
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	31 July 2020
f)	Place of the transaction	Outside of trading venue

 

END

 

 

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