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LOUNGERS PLC

Director's Dealing Jul 13, 2023

7768_dirs_2023-07-13_86309ceb-60c1-4dd3-93ab-22daffaa0137.html

Director's Dealing

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National Storage Mechanism | Additional information

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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END

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