TIDMLOK
RNS Number : 7508G
Lok'n Store Group PLC
05 February 2010
+----------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+----------------------------------------------------------------------+
+------------------------------------+--------------------------------+
| 1. Identity of the issuer or the | |
| underlying issuer of existing | Lok'n Store Group plc |
| shares to which voting rights are | |
| attached: | |
+------------------------------------+--------------------------------+
+-----------------------------+---------------------------------+----------+
| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
+--------------------------------------------------------------------------+
| | v |
| An acquisition or disposal of voting rights | |
+---------------------------------------------------------------+----------+
| | |
| An acquisition or disposal of qualifying financial | |
| instruments which may result in the acquisition of shares | |
| already issued to which voting rights are attached | |
+---------------------------------------------------------------+----------+
| | |
| An acquisition or disposal of instruments with similar | |
| economic effect to qualifying financial instruments | |
+---------------------------------------------------------------+----------+
| | |
| An event changing the breakdown of voting rights | |
+---------------------------------------------------------------+----------+
| | | |
| Other (please specify): | | |
+-----------------------------+---------------------------------+----------+
| | | |
+-----------------------------+---------------------------------+----------+
+------------------------------+--------------------------------------+
| 3. Full name of person(s) | Funds under the discretionary |
| subject to the notification | management of Laxey Partners Ltd. |
| obligation: | |
| | |
+------------------------------+--------------------------------------+
| 4. Full name of | Credit Suisse Client Nominees UK |
| shareholder(s) (if different | Ltd. |
| from 3.): | |
| | |
+------------------------------+--------------------------------------+
| 5. Date of the transaction | 2 February 2010 |
| and date on which the | |
| threshold is crossed or | |
| reached: | |
| | |
+------------------------------+--------------------------------------+
| 6. Date on which issuer | 4 February 2010 |
| notified: | |
| | |
+------------------------------+--------------------------------------+
| 7. Threshold(s) that is/are | Percentage change |
| crossed or reached: | |
| | |
+------------------------------+--------------------------------------+
+--------------+----------+---------+----------+---------+----------+--------+----------+
| 8. Notified details: 4.59% on 25 November |
| 2009 |
+---------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+---------------------------------------------------------------------------------------+
| Class/type | Situation | Resulting situation after the |
| of | previous | triggering transaction |
| shares | to the | |
| if | triggering | |
| possible | transaction | |
| using the | | |
| ISIN CODE | | |
+ +--------------------+---------------------------------------------------+
| | Number | Number | Number | Number of | % of |
| | of | of | of | voting | voting |
| | Shares | Voting | shares | rights | rights |
| | | Rights | | | |
+ + + +----------+--------------------+-------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+--------------+----------+---------+----------+---------+----------+--------+----------+
| GB0007276115 | 462,277 | 462,277 | 606,668 | 606,668 | | 2.27% | |
+--------------+----------+---------+----------+---------+----------+--------+----------+
+------------+------------+--------------+---------------+--------------+
| B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+-----------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of | % of voting |
| financial | date | Conversion | voting | rights |
| instrument | | Period | rights that | |
| | | | may be | |
| | | | acquired if | |
| | | | the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
+------------+------------+--------------+---------------+--------------+
| | | | | |
+------------+------------+--------------+---------------+--------------+
+------------+----------+------------+------------+-------------+------------+-------+
| C: Financial Instruments with similar economic effect to |
| Qualifying Financial Instruments |
+------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+------------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of voting |
| financial | price | date | Conversion | voting | rights |
| instrument | | | period | rights | |
| | | | | instrument | |
| | | | | refers to | |
+------------+----------+------------+------------+-------------+--------------------+
| | | | | | Nominal |Delta |
| CFD's | N/A | N/A | | 766,702 | | |
+ + + + + +------------+-------+
| | | | | | 2.87% | |
+------------+----------+------------+------------+-------------+------------+-------+
+------------------------------------+--------------------------------+
| Total (A+B+C) |
| |
+---------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+------------------------------------+--------------------------------+
| 1,373,370 Shares | 5.13% |
+------------------------------------+--------------------------------+
+----------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights |
| and/or the |
| financial instruments are effectively held, if applicable: |
+----------------------------------------------------------------------+
| |
+----------------------------------------------------------------------+
+------------------------------------+--------------------------------+
| Proxy Voting: |
| |
+---------------------------------------------------------------------+
| 10. Name of the proxy holder: | |
| | |
+------------------------------------+--------------------------------+
| 11. Number of voting rights proxy | |
| holder will cease to hold: | |
| | |
+------------------------------------+--------------------------------+
| 12. Date on which proxy holder | |
| will cease to hold voting rights: | |
| | |
+------------------------------------+--------------------------------+
+------------------------------------+--------------------------------+
| 13. Additional information: | |
| | |
+------------------------------------+--------------------------------+
| 14. Contact name: | Laxey Partners Ltd. |
| | |
+------------------------------------+--------------------------------+
| 15. Contact telephone number: | +44 (0)1624 690900 |
| | |
+------------------------------------+--------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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