Loungers PLC Director Dealing (9630K)
27 Aprile 2020 - 11:56AM
UK Regulatory
TIDMLGRS
RNS Number : 9630K
Loungers PLC
27 April 2020
27 April 2020
Loungers plc
(" Loungers" or the "Company")
Director Dealing
On 23 April 2020, the interest of Robert Darwent, a
Non-Executive Director of the Company, in the issued ordinary
shares of the Company ("Ordinary Shares") altered as a result of
the acquisition (the "Acquisition") of 3,000,114 Ordinary Shares by
funds advised by Lion Capital LLP ("Lion") pursuant to the placing
of 9,250,000 new Ordinary Shares carried out by the Company on that
date. Robert Darwent is a partner in Lion and is deemed to be
interested in the Ordinary Shares held by funds advised by
Lion.
Following the Acquisition, funds advised by Lion are interested
in 29,728,638 Ordinary Shares representing 29.22 per cent. of the
issued Ordinary Shares.
The Company publicly discloses the following notification
pursuant to the EU Market Abuse Regulations:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Robert Darwent
-------------------------- -----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Non-Executive Director and PDMR
-------------------------- -----------------------------------------------
b) Initial notification Initial notification
/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 Acquisition of Ordinary Shares
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.90 3,000,114
----------
-------------------------- -----------------------------------------------
d) Aggregated information Aggregated Price(s) Aggregated Volume(s)
GBP2,700,102.60 3,000,114
- Aggregated volume ---------------------
- Price
-------------------------- -----------------------------------------------
e) Date of the transaction 27 April2020
-------------------------- -----------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- -----------------------------------------------
For further information please contact:
Loungers plc Via Instinctif Partners
Nick Collins, Chief Executive Officer
Gregor Grant, Chief Financial Officer
GCA Altium Limited (Financial Adviser and Tel: +44 (0) 20 7484
NOMAD) 4040
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 7418
Dan Webster / George Sellar 8900
Instinctif Partners (Financial Public Tel: +44 (0) 20 7457 2010
Relations) / 2005
Justine Warren / Matthew Smallwood
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHPPUWACUPUUBM
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April 27, 2020 05:56 ET (09:56 GMT)
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