Director's Dealing • Jul 13, 2023
Director's Dealing
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RNS Number : 9280F
Loungers PLC
13 July 2023
13 July 2023
Loungers plc
("Loungers" or the "Company")
Director Dealing
On 12 July 2023, the Company was notified by Alex Reilley, Chairman of the Company, that on that date he had sold 200,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 190 pence per Ordinary Share to settle a tax bill.
Following this sale, Alex Reilley remains interested in 6,751,432 Ordinary Shares representing 6.51 per cent. of the issued Ordinary Shares.
Enquiries:
| Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer |
Via Powerscourt | |
| Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Sam Fuller /Tim Richardson |
Tel: +44 (0) 20 7484 4040 | |
| Liberum Capital Limited (Joint Broker) Andrew Godber / John Fishley |
Tel: +44 (0) 20 3100 2000 | |
| Peel Hunt LLP (Joint Broker) Dan Webster / George Sellar |
Tel: +44 (0) 20 7418 8900 | |
| Powerscourt (Financial Public Relations) Rob Greening / Nick Hayns / Elizabeth Kittle |
Tel: +44 (0) 20 7250 1446 | |
The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alex Reilley
2
Reason for the notification
a)
Position/status
Chairman and PDMR
b)
Initial notification /Amendment
Initial notification
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 Ordinary Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 190p | 200,000 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Price(s) | Aggregated Volume(s) |
| £380,000 | 200,000 |
e)
Date of the transaction
12 July 2023
f)
Place of the transaction
London Stock Exchange
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