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Loungers plc announced that its CEO, Nick Collins, sold 130,000 ordinary shares in the company on 8 January 2024. The shares were sold at a price of 221 pence per Ordinary Share. Following this transaction, Nick Collins remains interested in 956,276 Ordinary Shares, representing 0.92 per cent of the issued Ordinary Shares.
| Date | 9 Jan 2024 |
| Time | 08:55:29 |
| Category | Director/PDMR dealings |
| ID | 0931Z |
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.
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Enquiries:
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The Company publicly discloses the following notification pursuant to the UK Market Abuse Regulations:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Nick Collins |
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2
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Reason for the notification
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a)
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Position/status
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CEO and PDMR |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Loungers plc |
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b) |
LEI
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213800FA4HQ339CRNN34
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BH4JR002
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b)
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Nature of the transaction
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Sale of Ordinary Shares |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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8 January 2024 |
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f)
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Place of the transaction
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London Stock Exchange |
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