LOUNGERS PLC

Director's Dealing • Apr 6, 2022

National Storage Mechanism | Additional information

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 Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer	Via Instinctif Partners
Houlihan Lokey (Financial Adviser and NOMAD) Sam Fuller / Tim Richardson	Tel: +44 (0) 20 7484 4040
Liberum Capital (Joint Broker) Andrew Godber / John Fishley	Tel: +44 (0) 20 3100 2000
Peel Hunt (Joint Broker) Dan Webster / Andrew Clark	Tel: +44 (0) 20 7418 8900
Instinctif Partners (Financial Public Relations) Justine Warren / Matthew Smallwood	Tel: +44 (0) 20 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 /Amendment

Initial notifications

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 instrument, type of instrument

Identification code

Ordinary Shares

GB00BH4JR002

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

- Price

n/a - single transaction

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 /Amendment

Initial notifications

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 instrument, type of instrument

Identification code

Ordinary Shares

GB00BH4JR002

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

- Price

n/a - single transaction

e)

Date of the transaction

5 April 2022

f)

Place of the transaction

London Stock Exchange

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