TIDMLGRS

RNS Number : 4489H

Loungers PLC

06 April 2022

6 April 2022

Loungers plc

("Loungers" or the "Company")

PDMR Dealing

On 5 April 2022, the Company was notified by Justin Carter, MD - Lounge and a PDMR, that he had sold 42,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 240p per share and his spouse had purchased 42,000 ordinary shares at the same price.

As a result of this sale and purchase, the beneficial holding of Justin Carter and his closely associated persons remains unchanged at 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 
  Nick Collins, Chief Executive Officer                    Partners 
  Gregor Grant, Chief Financial Officer 
 
 Houlihan Lokey (Financial Adviser and NOMAD)       Tel: +44 (0) 20 
  Sam Fuller / Tim Richardson                             7484 4040 
 
 Liberum Capital (Joint Broker)                     Tel: +44 (0) 20 
  Andrew Godber / John Fishley                            3100 2000 
 
 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 
     --------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                  MD - Lounge 
 b)   Initial notification        Initial notifications 
       /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          Ordinary Shares 
       financial instrument, 
       type of instrument 
                                   GB00BH4JR002 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Sale of 42,000 Ordinary shares to spouse. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
 
                                      240 pence     42,000 
                                                  ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume          n/a - single transaction 
 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     5 April 2022 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Jane Edwards 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status                  PCA of Justin Carter (MD - Lounge) 
     --------------------------  ---------------------------------------- 
 b)   Initial notification        Initial notifications 
       /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          Ordinary Shares 
       financial instrument, 
       type of instrument 
                                   GB00BH4JR002 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Purchase of 42,000 Ordinary shares from 
                                   spouse. 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
 
                                      240 pence     42,000 
                                                  ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          n/a - single transaction 
 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     5 April 2022 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ---------------------------------------- 
 

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END

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April 06, 2022 02:03 ET (06:03 GMT)

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