Result of AGM

RNS Number : 7036T

Lok'n Store Group PLC

09 December 2011

 



9 December 2011

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

Result of AGM

Lok'nStore Group plc, the AIM listed self-storage company, announces that at the Annual General Meeting of the Company held earlier today Ordinary Resolutions 1, 2, 3, 4, 5, 6, 7, 8 and 11 were duly passed. 

Special Resolutions 9 and 10 were not passed.

- 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]
Dominic Morley/Fred Walsh

Notes to Editors

Lok'nStore is one of the leading self storage companies in the in the fast growing UK market, offering flexible, low cost, accessible storage within a high quality portfolio of 22 self storage centres and 4 data storage sites across South East England.

Lok'nStore has a resilient and proven business model and a track record of strong cash generation and consistent EBITDA growth. The Company is AIM listed and therefore suitable for relief from inheritance tax.

In October 2011 the Company announced the agreement of a new £40 million five year revolving banking facility with Lloyds TSB Bank plc as well as the renewal of three planning permissions for the Company's Reading, Southampton and Portsmouth sites

 

END

 

 

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