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: [phone]
Andrew Jacobs, CEO  Ray Davies, Finance Director
FTI Consulting	Tel: [phone]
Billy Clegg Oliver Winters Latika Shah
Panmure Gordon & Co	Tel:  [phone]
Corporate Finance: Dominic Morley/Fred Walsh  Corporate Broking: Charles Leigh-Pemberton

 

END

 

 

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