TIDMLOK

RNS Number : 2203X

Lok'nStore Group PLC

08 August 2018

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 8 August 2018 at 07.00 a.m. under RNS No 1178X.

Neil Newman-Shepherd was awarded 60,000 options as opposed to 40,000 previously announced.

All other details remain unchanged.

The full amended text is shown below.

Lok'nStore Group plc

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

Director/PDMR Shareholding

The Company announces that, following the 31 July 2018 year end, the Remuneration Committee has granted options over ordinary shares of 1p each ("Options") to certain directors of the Company under the Company's unapproved share option scheme.

Grants to Directors of the Company are detailed below:

 
 Director                Number of Options   Exercise Price          Vesting Period 
 Andrew Jacobs                      40,000           600.0p   31/07/2023-31/07/2033 
 Neil Newman-Shepherd               60,000           600.0p   31/07/2023-31/07/2033 
 Raymond Davies                     40,000           600.0p   31/07/2023-31/07/2033 
 

The exercise of these Options is subject to the meeting of certain performance criteria.

-Ends-

Enquiries:

 
  Lok'nStore 
   Sophia Fowler, Assistant Company 
   Secretary                              01252 521 010 
  finnCap Ltd 
   Julian Blunt/Giles Rolls, Corporate 
   Finance 
   Alice Lane, Corporate Broking          020 7220 0500 
  Camarco 
   Billy Clegg/Tom Huddart                0203 757 4980 
 
 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Andrew Jacobs 
                -------------------------------  ------------------------------------- 
            2.   Reason for the Notification 
                ---------------------------------------------------------------------- 
 a)              Position/status                  CEO 
                -------------------------------  ------------------------------------- 
 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               Options over Ordinary Shares 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB0007276115 
                -------------------------------  ------------------------------------- 
 b)              Nature of the transaction        Grant of Options 
                -------------------------------  ------------------------------------- 
 c)              Price(s) and volume(s)            Number of Options   Exercise Price 
                                                    40,000              600p 
                                                                       --------------- 
                -------------------------------  ------------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ------------------------------------- 
 e)              Date of the transaction          7 August 2018 
                -------------------------------  ------------------------------------- 
 f)              Place of the transaction         Outside of trading venue 
                -------------------------------  ------------------------------------- 
 
 
 1.              Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Ray Davies 
                -------------------------------  ------------------------------------- 
            2.   Reason for the Notification 
                ---------------------------------------------------------------------- 
 a)              Position/status                  FD 
                -------------------------------  ------------------------------------- 
 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               Options over Ordinary Shares 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB0007276115 
                -------------------------------  ------------------------------------- 
 b)              Nature of the transaction        Grant of Options 
                -------------------------------  ------------------------------------- 
 c)              Price(s) and volume(s)            Number of Options   Exercise Price 
                                                    40,000              600p 
                                                                       --------------- 
                -------------------------------  ------------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ------------------------------------- 
 e)              Date of the transaction          7 August 2018 
                -------------------------------  ------------------------------------- 
 f)              Place of the transaction         Outside of trading venue 
                -------------------------------  ------------------------------------- 
 
 
            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 Sales 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               Options over Ordinary Shares 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB0007276115 
                -------------------------------  ------------------------------------- 
 b)              Nature of the transaction        Grant of Options 
                -------------------------------  ------------------------------------- 
 c)              Price(s) and volume(s)            Number of Options   Exercise Price 
                                                    60,000              600p 
                                                                       --------------- 
                -------------------------------  ------------------------------------- 
 d)              Aggregated information:          See above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ------------------------------------- 
 e)              Date of the transaction          7 August 2018 
                -------------------------------  ------------------------------------- 
 f)              Place of the transaction         Outside of trading venue 
                -------------------------------  ------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

END

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