Lok'nStore Group PLC Director/PDMR Shareholding and Total Voting Rights (3008X)

TIDMLOK

RNS Number : 3008X

Lok'nStore Group PLC

19 December 2023

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

Director/PDMR Shareholding and Total Voting Rights

The Company was notified on 18 December 2023 of the following transaction by a PDMR:

 
 PDMR                       Previous         Exercise   Sale of ordinary     Resulting   Resulting 
                          holding of       of options             shares    holding of           % 
                            ordinary    over ordinary                         ordinary 
                              shares           shares                           shares 
 Neil Newman-Shepherd         30,739           48,580             48,580        30,739        0.09 
 

Of the 48,580 options exercised by Neil Newman-Shepherd, 47,580 were held under the terms of the Company's Unapproved Share Option Scheme and were exercised at GBP1.36 per ordinary share and 1,000 of the options were held under the terms of the Company's CSOP Scheme and were exercised at GBP2.07 per ordinary share. The options exercised were sold at an average price of 813.97 pence per ordinary share.

Following the allotment of 48,580 new ordinary shares for the purposes of the above option exercises the issued share capital of the Company is 32,885,143 ordinary shares of 1 pence each. There are no shares held in treasury and thus the total number of voting rights in the Company is 32,885,143 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

-Ends-

Enquiries :

 
  Lok'nStore 
   Suzy Wolfe, Assistant Company Secretary          01252 521 010 
 Cavendish Capital Markets Ltd - Nomad and 
  Joint Broker 
  Julian Blunt/Seamus Fricker/Trisyia Jamaludin, 
  Corporate Finance 
  Sunila De Silva, Corporate Broking                020 7220 0500 
 Peel Hunt LLP - Joint Broker 
  Capel Irwin/Carl Gough/Henry Nicholls             020 7418 8900 
 Camarco - Financial PR 
  Billy Clegg/Tom Huddart/Letaba Rimell             0203 757 4980 
 

The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Neil Newman-Shepherd 
                -------------------------------  ----------------------------------------------- 
            2.   Reason for the Notification 
                -------------------------------------------------------------------------------- 
 a)              Position/status                  Group Managing Director 
                -------------------------------  ----------------------------------------------- 
 b)              Initial notification/Amendment   Initial notification 
                -------------------------------  ----------------------------------------------- 
 3.              Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                -------------------------------------------------------------------------------- 
 a)              Name                             Lok'nStore Group plc 
                -------------------------------  ----------------------------------------------- 
 b)              LEI                              213800MXVAMG3CA42A19 
                -------------------------------  ----------------------------------------------- 
 4.              Details of the transaction(s): section to be repeated for 
                  (i) each type of instrument; (ii) each type of transaction; 
                  (iii) each date; and (iv) each place where transactions have 
                  been conducted 
                -------------------------------------------------------------------------------- 
 a)              Description of the               Ordinary shares of 1p each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB0007276115 
                -------------------------------  ----------------------------------------------- 
 b)              Nature of the transaction        Exercise of options held under the Company's 
                                                   Unapproved Share Option Scheme and CSOP 
                                                   Scheme and sale of resulting shares 
                -------------------------------  ----------------------------------------------- 
 c)              Price(s) and volume(s)                               No. of Shares   Price 
                                                     Option exercise          47,580   136 pence 
                                                                      --------------  ---------- 
                                                     Option exercise           1,000   207 pence 
                                                                      --------------  ---------- 
                                                     Sale                     10,000   810 pence 
                                                                      --------------  ---------- 
                                                     Sale                     38,580   815 pence 
                                                                      --------------  ---------- 
                -------------------------------  ----------------------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ----------------------------------------------- 
 e)              Date of the transaction          Exercise: 18 December 2023 
                                                   Sale: 18 December 2023 
                -------------------------------  ----------------------------------------------- 
 f)              Place of the transaction         Sale: London Stock Exchange, AIM Market 
                                                   (XLON) 
                                                   Option Exercise: outside of a trading 
                                                   venue 
                -------------------------------  ----------------------------------------------- 
 

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December 19, 2023 04:58 ET (09:58 GMT)