Loungers PLC Director/PDMR Shareholding (0667J)
December 17 2020 - 11:01AM
UK Regulatory
TIDMLGRS
RNS Number : 0667J
Loungers PLC
17 December 2020
17 December 2020
Loungers plc
("Loungers" or the "Company")
PDMR Dealing
On 17 December 2020, the Company was notified by Justin Carter,
MD - Lounge and a PDMR, that he had sold 40,000 ordinary shares of
1 pence each in the Company ("Ordinary Shares") at a price of 214
pence per Ordinary Share (the "Sale") to meet tax liabilities
arising from the Company's IPO in 2019.
Following the Sale, Justin Carter is interested in 598,572*
Ordinary Shares representing 0.58% per cent. of the issued Ordinary
Shares.
* included in the resultant holding of Justin Carter is an
interest in 89,719 Ordinary Shares which are held in the Company's
EBT and over which he has a restricted beneficial interest pursuant
to a joint share ownership plan.
Enquiries:
Loungers plc Via Instinctif Partners
Nick Collins, Chief Executive
Officer
Gregor Grant, Chief Financial
Officer
GCA Altium (Financial Adviser Tel: +44 (0) 20 7484 4040
and NOMAD)
Sam Fuller / Tim Richardson
Liberum Capital (Joint Broker) Tel: +44 (0) 20 3100 2000
Andrew Godber / John Fishley
Peel Hunt (Joint Broker) Tel: +44 (0) 20
Dan Webster / Andrew Clark 7418 8900
Instinctif Partners (Financial Public Relations) Tel: +44 (0) 20
Justine Warren / Matthew Smallwood 7457 2020
The Company publicly discloses the following notifications
pursuant to the EU Market Abuse Regulations:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Justin Carter
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2 Reason for the notification
----------------------------------------------------------------
a) Position/status MD - Lounge
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b) Initial notification Initial notifications
/Amendment
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3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name Loungers plc
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b) LEI 213800FA4HQ339CRNN34
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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
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)
214 pence 40,000
----------
------------------------------- -------------------------------
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
------------------------------- -------------------------------
e) Date of the transaction 17 December 2020
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f) Place of the transaction London Stock Exchange
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END
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