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LGRS Loungers Plc

268.00
2.00 (0.75%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Loungers Plc LSE:LGRS London Ordinary Share GB00BH4JR002 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.75% 268.00 266.00 270.00 268.00 265.00 265.00 106,041 16:26:35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Eating Places 283.51M 6.93M 0.0668 40.12 278M

Loungers PLC Director/PDMR Shareholding (4211Y)

04/05/2023 8:51am

UK Regulatory


Loungers (LSE:LGRS)
Historical Stock Chart


From May 2022 to May 2024

Click Here for more Loungers Charts.

TIDMLGRS

RNS Number : 4211Y

Loungers PLC

04 May 2023

4 May 2023

Loungers plc

("Loungers" or the "Company")

Notification of transactions by directors, persons discharging managerial responsibilities ("PDMRs") and connected persons

Loungers, a leading operator of all-day café/bar/restaurants across the UK under the Lounge, Cosy Club and Brightside brands, announces that on 2 May 2023 awards were granted over ordinary shares of 1 penny each in the Company ("Shares") under the Loungers plc Senior Management Restricted Share Plan to the below directors and PDMRs. The awards were granted in the form of nil-cost share options in respect of one-off retention awards ("Retention Awards") as set out in the FY22 Annual Report and Accounts (on page 32).

 
  Name            Position                          Number of 
                                               Shares granted 
                                              under Retention 
                                                        Award 
 Alex Reilley     Founder Chairman                    107,569 
                 -------------------------  ----------------- 
 Nick Collins     Chief Executive Officer             131,143 
                 -------------------------  ----------------- 
 Gregor Grant     Chief Financial Officer             131,265 
                 -------------------------  ----------------- 
 Justin Carter    Lounge MD                           107,569 
                 -------------------------  ----------------- 
 Amber Wood       Cosy Club MD                         95,246 
                 -------------------------  ----------------- 
 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail:

 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                               Alex Reilley 
      ---------------------------------  -------------------------------------------- 
  2     Reason for the notification 
      ------------------------------------------------------------------------------- 
  a)    Position/status                    Founder Chairman 
      ---------------------------------  -------------------------------------------- 
  b)    Initial notification               Initial notification 
         /Amendment 
      ---------------------------------  -------------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
  a)    Name                               Loungers plc 
      ---------------------------------  -------------------------------------------- 
  b)    LEI                                213800FA4HQ339CRNN34 
      ---------------------------------  -------------------------------------------- 
  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 financial       Ordinary Shares of GBP0.01 each 
         instrument, type of instrument 
         Identification code                ISIN: GB00BH4JR002 
      ---------------------------------  -------------------------------------------- 
  b)    Nature of the transaction                 Grant of Retention Award under 
                                                   the Loungers plc 
                                                   Senior Management Restricted Share 
                                                   Plan. 
      ---------------------------------  -------------------------------------------- 
  c)    Price(s) and volume(s)                  Price(s)        Volume(s) 
                                                        Nil         107,569 
                                                              ------------- 
      ---------------------------------  -------------------------------------------- 
  d)    Aggregated information             N/A (single transaction) 
         - Aggregated volume 
         - Price 
      ---------------------------------  -------------------------------------------- 
  e)    Date of the transaction            2 May 2023 
      ---------------------------------  -------------------------------------------- 
  f)    Place of the transaction           Outside of a trading venue 
      ---------------------------------  -------------------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                               Nick Collins 
      ---------------------------------  -------------------------------------------- 
  2     Reason for the notification 
      ------------------------------------------------------------------------------- 
  a)    Position/status                    Chief Executive Officer 
      ---------------------------------  -------------------------------------------- 
  b)    Initial notification               Initial notification 
         /Amendment 
      ---------------------------------  -------------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
  a)    Name                               Loungers plc 
      ---------------------------------  -------------------------------------------- 
  b)    LEI                                213800FA4HQ339CRNN34 
      ---------------------------------  -------------------------------------------- 
  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 financial       Ordinary Shares of GBP0.01 each 
         instrument, type of instrument 
         Identification code                ISIN: GB00BH4JR002 
      ---------------------------------  -------------------------------------------- 
  b)    Nature of the transaction                 Grant of Retention Award under 
                                                   the Loungers plc 
                                                   Senior Management Restricted Share 
                                                   Plan. 
      ---------------------------------  -------------------------------------------- 
  c)    Price(s) and volume(s)                  Price(s)       Volume(s) 
                                                        Nil     131,143 
                                                              ----------- 
      ---------------------------------  -------------------------------------------- 
  d)    Aggregated information             N/A (single transaction) 
         - Aggregated volume 
         - Price 
      ---------------------------------  -------------------------------------------- 
  e)    Date of the transaction            2 May 2023 
      ---------------------------------  -------------------------------------------- 
  f)    Place of the transaction           Outside of a trading venue 
      ---------------------------------  -------------------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                               Gregor Grant 
      ---------------------------------  ---------------------------------------- 
  2     Reason for the notification 
      --------------------------------------------------------------------------- 
  a)    Position/status                    Chief Financial Officer 
      ---------------------------------  ---------------------------------------- 
  b)    Initial notification               Initial notification 
         /Amendment 
      ---------------------------------  ---------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------- 
  a)    Name                               Loungers plc 
      ---------------------------------  ---------------------------------------- 
  b)    LEI                                213800FA4HQ339CRNN34 
      ---------------------------------  ---------------------------------------- 
  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 financial       Ordinary Shares of GBP0.01 each 
         instrument, type of instrument 
         Identification code                ISIN: GB00BH4JR002 
      ---------------------------------  ---------------------------------------- 
  b)    Nature of the transaction          Grant of Retention Award under 
                                            the Loungers plc 
                                            Senior Management Restricted Share 
                                            Plan. 
      ---------------------------------  ---------------------------------------- 
  c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
                                                        Nil               131,265 
                                                              ------------------- 
      ---------------------------------  ---------------------------------------- 
  d)    Aggregated information             N/A (single transaction) 
         - Aggregated volume 
         - Price 
      ---------------------------------  ---------------------------------------- 
  e)    Date of the transaction            2 May 2023 
      ---------------------------------  ---------------------------------------- 
  f)    Place of the transaction           Outside of a trading venue 
      ---------------------------------  ---------------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                               Justin Carter 
      ---------------------------------  -------------------------------------------- 
  2     Reason for the notification 
      ------------------------------------------------------------------------------- 
  a)    Position/status                    Lounge MD 
      ---------------------------------  -------------------------------------------- 
  b)    Initial notification               Initial notification 
         /Amendment 
      ---------------------------------  -------------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
  a)    Name                               Loungers plc 
      ---------------------------------  -------------------------------------------- 
  b)    LEI                                213800FA4HQ339CRNN34 
      ---------------------------------  -------------------------------------------- 
  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 financial       Ordinary Shares of GBP0.01 each 
         instrument, type of instrument 
         Identification code                ISIN: GB00BH4JR002 
      ---------------------------------  -------------------------------------------- 
  b)    Nature of the transaction                 Grant of Retention Award under 
                                                   the Loungers plc 
                                                   Senior Management Restricted Share 
                                                   Plan. 
      ---------------------------------  -------------------------------------------- 
  c)    Price(s) and volume(s)               Price(s)      Volume(s) 
                                                  Nil          107,569 
                                                         ------------- 
      ---------------------------------  -------------------------------------------- 
  d)    Aggregated information             N/A (single transaction) 
         - Aggregated volume 
         - Price 
      ---------------------------------  -------------------------------------------- 
  e)    Date of the transaction            2 May 2023 
      ---------------------------------  -------------------------------------------- 
  f)    Place of the transaction           Outside of a trading venue 
      ---------------------------------  -------------------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                               Amber Wood 
      ---------------------------------  -------------------------------------------- 
  2     Reason for the notification 
      ------------------------------------------------------------------------------- 
  a)    Position/status                    Cosy Club MD 
      ---------------------------------  -------------------------------------------- 
  b)    Initial notification               Initial notification 
         /Amendment 
      ---------------------------------  -------------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
  a)    Name                               Loungers plc 
      ---------------------------------  -------------------------------------------- 
  b)    LEI                                213800FA4HQ339CRNN34 
      ---------------------------------  -------------------------------------------- 
  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 financial       Ordinary Shares of GBP0.01 each 
         instrument, type of instrument 
         Identification code                ISIN: GB00BH4JR002 
      ---------------------------------  -------------------------------------------- 
  b)    Nature of the transaction                 Grant of Retention Award under 
                                                   the Loungers plc 
                                                   Senior Management Restricted Share 
                                                   Plan. 
      ---------------------------------  -------------------------------------------- 
  c)    Price(s) and volume(s)                  Price(s)          Volume(s) 
                                                        Nil               95,246 
                                                              ------------------ 
      ---------------------------------  -------------------------------------------- 
  d)    Aggregated information             N/A (single transaction) 
         - Aggregated volume 
         - Price 
      ---------------------------------  -------------------------------------------- 
  e)    Date of the transaction            2 May 2023 
      ---------------------------------  -------------------------------------------- 
  f)    Place of the transaction           Outside of a trading venue 
      ---------------------------------  -------------------------------------------- 
 
 
 For further information please contact: 
 Loungers plc                                    Via Powerscourt 
  Nick Collins, Chief Executive Officer 
  Gregor Grant, Chief Financial Officer 
 Houlihan Lokey UK Limited (Financial Adviser    Tel: +44 (0) 20 7484 
  and NOMAD)                                      4040 
  Sam Fuller / Tim Richardson 
 Liberum Capital Limited (Joint Broker)          Tel: +44 (0) 20 3100 
  Andrew Godber / John Fishley                    2000 
 Peel Hunt LLP (Joint Broker)                    Tel: +44 (0) 20 7418 
  Dan Webster / Andrew Clark                      8900 
 Powerscourt (Financial Public Relations)        Tel: +44 (0) 20 7250 
  Rob Greening / Nick Hayns / Elizabeth Kittle    1446 
 

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END

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May 04, 2023 03:51 ET (07:51 GMT)

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