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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