Grant of Share Options

RNS Number : 6348M

Lok'n Store Group PLC

18 August 2011

 



18 August 2011 

Lok'nStore Group plc

Grant of Share Options

Lok'nStore Group plc announces that, on 31 July 2011, it granted options over its 1p Ordinary Shares to certain directors of the Company under the Company's unapproved share option scheme as detailed below.

Director	Number of Options	Exercise Price	Vesting Period
Simon Thomas	50,000	107p	31/07/2014 to 30/07/2021
Andrew Jacobs	50,000	107p	31/07/2014 to 30/07/2021
Ray Davies	50,000	107p	31/07/2014 to 30/07/2021
Colin Jacobs	25,000	107p	31/07/2014 to 30/07/2021

Directors Holdings

Following the grant of options and the above transaction, Mr Thomas is interested in 2,147,500 Ordinary Shares, representing 8.38% of the total issued share capital of the Company. Mr Thomas is also interested in 450,000 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Andrew Jacobs is interested in 5,314,000 Ordinary Shares, representing 29.74% of the total issued share capital of the Company. Mr Andrew Jacobs is also interested in 450,000 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Davies is interested in 40,000 Ordinary Shares, representing 0.16% of the total issued share capital of the Company. Mr Davies is also interested in 600,000 options over Ordinary Shares of the Company.

Following the grant of options and the above transaction, Mr Colin Jacobs is interested in 20,000 Ordinary Shares, representing 0.08 % of the total issued share capital of the Company. Mr Colin Jacobs is also interested in 295,000 options over Ordinary Shares of the Company.

-Ends-

For further information:

Lok'nStore	Tel: [phone]
Andrew Jacobs, CEO
Ray Davies, Finance Director
Financial Dynamics	Tel: [phone]
Billy Clegg / Oliver Winters / Latika Shah
Matrix	Tel: [phone]
Malcolm Strang / Robert Beenstock

 

END

 

 

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