StockMarketWire.com - Lok'nStore announces directors Andrew Jacobs and Simon Thomas intend to sell up to 400,000 ordinary shares at 340p apiece to facilitate an institutional placing to be conducted today. The shares represent around 1.39% of the issued share capital of the company.

Jacobs's participation (amounting to 200,000 ordinary shares) in the placing is intended to be satisfied by the exercise today of the same number of options held by him under the terms of the company's Unapproved Share Option Scheme.






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