Loungers PLC Director Dealing (0931Z)

TIDMLGRS

RNS Number : 0931Z

Loungers PLC

09 January 2024

9 January 2024

Loungers plc

("Loungers" or the "Company")

Director Dealing

On 8 January 2024, the Company was notified by Nick Collins, CEO of the Company, that on that date he had sold 130,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 221 pence per Ordinary Share.

Following this sale, Nick Collins remains interested in 956,276 Ordinary Shares representing 0.92 per cent. of the issued Ordinary Shares.

 
  Enquiries: 
    Loungers plc                                         Via Powerscourt 
     Nick Collins, Chief Executive Officer 
     Gregor Grant, Chief Financial Officer 
    Houlihan Lokey UK Limited (Financial            Tel: [phone] 
     Adviser and NOMAD)                                             3355 
     Sam Fuller /Tim Richardson 
    Liberum Capital Limited (Joint Broker)          Tel: [phone] 
     Andrew Godber / John Fishley                                   2000 
    Peel Hunt LLP (Joint Broker)                         Tel: +44 (0) 20 
     Dan Webster / George Sellar                               7418 8900 
 
    Powerscourt (Financial Public Relations)             Tel: +44 (0) 20 
     Rob Greening / Nick Hayns / Elizabeth Kittle              7250 1446 
 

The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Nick Collins 
     --------------------------  ----------------------------------------------- 
      Reason for the notification 
  2 
     --------------------------------------------------------------------------- 
 a)   Position/status             CEO and PDMR 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Loungers plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         213800FA4HQ339CRNN34 
     --------------------------  ----------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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 
       financial instrument, 
       type of instrument 
                                   GB00BH4JR002 
       Identification code 
     --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   Sale of Ordinary Shares 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     221p       130,000 
                                               ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information        Aggregated Price(s)    Aggregated Volume(s) 
                                     GBP287,330             200,000 
       - Aggregated volume                                 --------------------- 
 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     8 January 2024 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ----------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUPUUAGUPCURB

(END) Dow Jones Newswires

January 09, 2024 03:55 ET (08:55 GMT)