Form 8.3 - Lok'n Store Group PLC
03 Mayo 2024 - 10:47AM
Form 8.3 - Lok'n Store Group PLC
Downing LLP LEI: 213800G3X76VBG9SB504
03 May 2024Form 8.3 re. Lok’n Store Group Plc
PUBLIC OPENING POSITION DISCLOSURE/DEALING
DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES
REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the
“Code”)
1. KEY
INFORMATION
(a) Full name of discloser: |
Downing LLP |
(b) Owner or controller of interests and short positions
disclosed, if different from 1(a): |
Client funds managed by Downing LLPVT Downing Small & Mid-Cap
Income Fund |
(c) Name of offeror/offeree in relation to whose relevant
securities this form relates: |
Lok’n Store Group Plc |
(d) If an exempt fund manager connected with an offeror/offeree,
state this and specify identity of offeror/offeree: |
n/a |
(e) Date position held/dealing undertaken: |
03 May 2024 |
(f) In addition to the company in 1(c) above, is the
discloser making disclosures in respect of any other party to the
offer? |
No |
2. POSITIONS OF
THE PERSON MAKING THE DISCLOSURE
(a)
Interests and short positions in the relevant securities of the
offeror or offeree to which the disclosure relates following the
dealing (if any)
Class of relevant security: |
Ordinary shares 1p |
|
Interests |
Short positions |
|
Number |
% |
Number |
% |
(1) Relevant securities owned and/or controlled: |
680,921 |
2.07 |
|
|
(2) Cash-settled derivatives: |
|
|
|
|
(3) Stock-settled derivatives (including options) and agreements
to purchase/sell: |
|
|
|
|
TOTAL: |
680,921 |
2.07 |
|
|
(b)
Rights to subscribe for new securities (including directors’ and
other employee options)
Class of relevant security in relation to which subscription
right exists: |
|
Details, including nature of the rights concerned and relevant
percentages: |
|
3. DEALINGS (IF
ANY) BY THE PERSON MAKING THE DISCLOSURE
- Purchases and sales
Class of relevant security |
Purchase/sale |
Number of securities |
Price per unit |
1p Ordinary |
PurchaseSale |
2,0852,085 |
11.01 GBP11.00 GBP |
(b)
Cash-settled derivative transactions
Class of relevant security |
Product description |
Nature of dealing |
Number of reference securities |
Price per unit |
|
|
|
|
|
(c)
Stock-settled derivative transactions (including options)
(i) Writing,
selling, purchasing or varying
Class of relevant security |
Product description |
Writing, purchasing, selling, varying etc. |
Number of securities to which option relates |
Exercise price per unit |
Type |
Expiry date |
Option money paid/ received per unit |
|
|
|
|
|
|
|
|
(ii)
Exercise
Class of relevant security |
Product description |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
|
|
|
|
|
(d)
Other dealings (including subscribing for new securities)
Class of relevant security |
Nature of dealing |
Details |
Price per unit (if applicable) |
|
|
|
|
4. OTHER
INFORMATION
(a)
Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement
or understanding, formal or informal, relating to relevant
securities which may be an inducement to deal or refrain from
dealing entered into by the person making the disclosure and any
party to the offer or any person acting in concert with a party to
the offer: |
None |
(b)
Agreements, arrangements or understandings relating to options or
derivatives
Details of any agreement, arrangement or understanding, formal
or informal, between the person making the disclosure and any other
person relating to:(i) the voting rights of any
relevant securities under any option; or (ii) the voting
rights or future acquisition or disposal of any relevant securities
to which any derivative is referenced: |
None |
(c)
Attachments
Is a Supplemental Form 8 (Open Positions) attached? |
NO |
Date of disclosure: |
03 May 2024 |
Contact name: |
|
Telephone number*: |
0207 416 7780 |