TIDMLGRS

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                                         Via Powerscourt 
    Nick Collins, Chief Executive Officer 
    Gregor Grant, Chief Financial Officer 
   Houlihan Lokey UK Limited (Financial            Tel: +44 (0) 20 7484 
    Adviser and 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 
    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                        Alex Reilley 
     --------------------------  ----------------------------------------------- 
      Reason for the notification 
  2 
     --------------------------------------------------------------------------- 
 a)   Position/status             Chairman 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) 
                                     190p       200,000 
                                               ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information        Aggregated Price(s)    Aggregated Volume(s) 
                                     GBP380,000             200,000 
       - Aggregated volume                                 --------------------- 
 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     12 July 2023 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  -----------------------------------------------

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END

DSHGPUCGMUPWURW

(END) Dow Jones Newswires

July 13, 2023 04:15 ET (08:15 GMT)

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