Director dealings: Lok'n Store director ups stake

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Sharecast News | 18 Dec, 2020

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  • MM 200 : 6.05

Lok'n Store Group revealed on Friday that senior non-executive director Edward Luker had acquired 6,200 orders shares in the AIM-listed self-storage firm.

Luker, who joined the group in 2007, purchased the shares on Thursday at an average price of 615.0p each, for a total value of £38,130.

Following the transaction, Luker's beneficial interest in the company was 35,000 ordinary shares, representing 0.12% of the company's total voting rights.

Back in August, Lok'n Store said first-half revenues were up year-on-year despite witnessing "more subdued" trading during the UK's full lock-down.

Lok'nStore stated trading was "strong" with self-storage revenue up 6.3% and occupancy up 5.9% as the firm's performance in May, June and July was stronger, with new enquiries and move-ins at an all-time high in July.

As of 1630 GMT, Lok'n Store shares were up 2.48% at 620.0p.

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