Director/PDMR Shareholding

RNS Number : 1982L

Lok'n Store Group PLC

07 August 2013

 

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

Director/PDMR Shareholding

The Company was notified on 7 August 2013 of the following transactions:

Ray Davies, an Executive Director, exercised options over 1,961 Ordinary Shares of 1 pence each in the Company ('Shares') that were awarded to him on 20 January 2004 at a grant price of 102p per share. Colin Jacobs, an Executive Director, exercised options over 2,241 Shares that were awarded to him on 30 July 2004 at a grant price of 113p per share.  The options were exercised in full and the shares were sold.

The above transactions were carried out on 7 August 2013 at a price of 153p per share.

Application has been made to the London Stock Exchange for 18,702 new ordinary shares to be admitted to trading on AIM. These new ordinary shares, which will rank pari passu in all respects with the existing shares, arise on the exercise of share options referred to above as well as the exercise of 14,500 options by employees.  It is expected that admission will occur on 14 August 2013.

Following these transactions the Director's interests in the issued share capital of the Company are:

Ray Davies, 42,753 shares, representing 0.17%;

Colin Jacobs, 25,000 shares (20,000 held in pension scheme), representing 0.10%

For further information please contact:

Ray Davies, Finance Director	Lok'nStore Group plc	01252 521010
Billy Clegg/Oliver Winters/ Latika Shah	FTI Consulting	0207 831 3113
Dominic Morley/Fred Walsh	Panmure Gordon	0207 886 2500

 

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