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: 01252 521010
Andrew Jacobs, CEO
Ray Davies, Finance Director
FTI Consulting Tel: 020 7831 3113
Billy Clegg/ Oliver Winters/
Panmure Gordon & Co Tel: 020 7459 3600
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 GBP40 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
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