Directorate Change

RNS Number : 8422T
Lok'n Store Group PLC
19 December 2012
 



19 December 2012

 

Lok'nStore Group plc

("Lok'nStore" or "the Group")

 

Appointment of Non-Executive Director

 

Lok'nStore is pleased to announce the appointment of Douglas Hampson as a Non-Executive Director of the Company with immediate effect.

 

Douglas (66) joins the Board following his recent investment in the Company. He has spent over 30 years in the self-storage industry, having set up the first self-storage facility in Europe in 1980. Over the last 30 years Douglas has founded and sold a number of self-storage businesses including Abbey Self-Storage, British Self-Storage and Keepsafe. Douglas is currently the owner of Lockaway Self-Storage in London and Adams Self-Storage in the north of England.

 

Simon Thomas, Chairman said "We are very pleased that Douglas has agreed to join the Board of Lok'nStore. His extensive knowledge of founding, running and selling self-storage businesses will be a valuable addition to our Board as we look to continue the excellent progress of the last 12 months, and our development programme into 2013 and beyond."

 

Douglas has held the following directorships during the last five years:

 

Current Directorships

Public Storage Services Ltd

 

Past Directorships

None

 

Douglas holds 4,033,909 Ordinary Shares, representing 15.75% of the issued share capital of the Company through Montecito Storage Investors LLC

 

Save for the information disclosed above there is no other information to be disclosed under schedule two, paragraph (g) of the AIM rules.

 

-Ends-

For further information:

 

Lok'nStore

Tel: 01252 521010

Andrew Jacobs, CEO 

Ray Davies, Finance Director

 

FTI Consulting

Tel: 020 7831 3113

Billy Clegg

Oliver Winters

Latika Shah

 

Panmure Gordon & Co

Tel:  020 7886 2500

Corporate Finance:

Dominic Morley/Fred Walsh 

Corporate Broking:

Charles Leigh-Pemberton

 

 

 

 

 

 

 

 

 

 


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