TIDMLGRS

RNS Number : 0931Z

Loungers PLC

09 January 2024

9 January 2024

Loungers plc

("Loungers" or the "Company")

Director Dealing

On 8 January 2024, the Company was notified by Nick Collins, CEO of the Company, that on that date he had sold 130,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 221 pence per Ordinary Share.

Following this sale, Nick Collins remains interested in 956,276 Ordinary Shares representing 0.92 per cent. of the issued Ordinary Shares.

 
  Enquiries: 
    Loungers plc                                         Via Powerscourt 
     Nick Collins, Chief Executive Officer 
     Gregor Grant, Chief Financial Officer 
    Houlihan Lokey UK Limited (Financial            Tel: +44 (0) 20 7839 
     Adviser and NOMAD)                                             3355 
     Sam Fuller /Tim Richardson 
    Liberum Capital Limited (Joint Broker)          Tel: +44 (0) 20 3100 
     Andrew Godber / John Fishley                                   2000 
    Peel Hunt LLP (Joint Broker)                         Tel: +44 (0) 20 
     Dan Webster / George Sellar                               7418 8900 
 
    Powerscourt (Financial Public Relations)             Tel: +44 (0) 20 
     Rob Greening / Nick Hayns / Elizabeth Kittle              7250 1446 
 

The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Nick Collins 
     --------------------------  ----------------------------------------------- 
      Reason for the notification 
  2 
     --------------------------------------------------------------------------- 
 a)   Position/status             CEO and PDMR 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Loungers plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         213800FA4HQ339CRNN34 
     --------------------------  ----------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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) 
                                     221p       130,000 
                                               ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information        Aggregated Price(s)    Aggregated Volume(s) 
                                     GBP287,330             200,000 
       - Aggregated volume                                 --------------------- 
 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     8 January 2024 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ----------------------------------------------- 
 

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END

DSHUPUUAGUPCURB

(END) Dow Jones Newswires

January 09, 2024 03:55 ET (08:55 GMT)

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