Sale of Treasury Shares

RNS Number : 1899Z

Lok'nStore Group PLC

19 May 2021

 

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

Sale of Treasury Shares

Lok'nStore, the fast-growing self-storage Company, is pleased to announce that on 18 May 2021 it sold 126,855 ordinary shares of 1 penny each in the Company ("Ordinary Shares") held in treasury.

This sale was undertaken to satisfy demand for the Company's shares, and to improve liquidity going forward. The Ordinary Shares were sold to an institutional investor at a price of 668.66 pence per Ordinary Share.

The total number of Ordinary Shares in issue following the sale of treasury shares referred to above will be 29,675,167 with no shares held in treasury. This 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.

-Ends-

Enquiries :

Lok'nStore   Suzy Wolfe, Assistant Company Secretary	01252 521 010
finnCap Ltd   Julian Blunt/Seamus Fricker, Corporate Finance   Alice Lane, ECM	020 7220 0500
Camarco   Billy Clegg/Tom Huddart/Oliver Head	0203 757 4980

 

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