Notification under Rule 17 of

RNS Number : 2017M

Lok'n Store Group PLC

23 January 2009

 



23 January 2009  

LOK'NSTORE GROUP PLC

Notification under Rule 17 of the AIM Rules

Following clarification from the FSA on 9 January 2009 regarding disclosure of grants of security over shares, Lok'nStore Group plc (Lok'nStore) made enquiries of its directors and has issued this announcement in accordance with the AIM Rules. 

For clarity this announcement confirms that there have been no new pledges of security by Directors and therefore this announcement reiterates information previously disclosed in the 2007 and 2008 AGM Circulars and sent to all shareholders. The Circulars are located on the Company's website in the investor section www.loknstore.co.uk.

Andrew Jacobs (CEO) pledged in April 2007, as security against personal borrowing facilities, 2,425, 509 Ordinary Shares.

Simon Thomas (Chairman) pledged in April 2007, as security against personal borrowing facilities, 1,644,259 Ordinary Shares. 

Both Directors disclosed the pledges detailed above to the Board at the time of making the arrangement.  

Lok'nStore is not aware of any other of its Directors or their connected persons who have granted any existing security interest such as a pledge, mortgage or charge over their Lok'nStore shares.

ENDS

Enquiries:

Lok'nStore Group plc

Ray Davies, Finance Director               Tel: [phone]

Financial Dynamics

Billy Clegg                                              Tel: [phone]

 

END

 

 

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