Lok'nStore Group PLC is a provider of

self storage Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on ...

space in the UK. The company rents individual, storage units to both business and domestic / household customers. Lok'nStore has been listed on the Alternative Investment Market (AIM) since June 2000.

History

Lok'nStore was founded in February 1995 from one freehold store in Horsham, by Andrew Jacobs. Six years later the business became a public company. In 2003, the company received a takeover approach valued at around £33m, which was rejected by the Board. The company received a further takeover approach in 2009, which also did not proceed. In December 2018 the company purchased an existing storage business: 'The Box Room' in Hedge End, Southampton. The Box Room building was then rebranded as an orange Lok'nStore centre. In February 2019, Lok'nStore Group Plc sold a document-storage business, Saracen Datastore Ltd, to Iron Mountain UK PLC for £7.6 million in order to pay down debt and help fund future acquisition and development plans.https://cdn.loknstore.co.uk/reports/RNS-Rock-FINAL-010219-LSE-Labelled.pdf

Board of directors

Andrew Jacobs (Executive Chairman) Ray Davies (Group Finance Director) Neil Newman-Shepherd (Group Managing Director) Jeff Woyda (Senior Independent Non-Executive Director) Simon Thomas (Non-Executive Director) Richard Holmes (Non-Executive Director) Charles Peal (Non-Executive Director)

References

External links

Official website:''
www.loknstore.co.ukAbout Lok’nStore plcAnnual Report 2021
Companies based in Farnborough Storage companies 1995 establishments in England {{England-company-stub