BRIEF-Lok'nstore Group Agrees To 1,110 Pence Apiece Cash Offer with Shurgard Self Storage

Lok'n Store Group PLC: * LOK'NSTORE GROUP SHURGARD SELF STRGE. - RECOMMENDED CASH ACQUISITION OF LOK'N STORE

* LOK'N STORE GROUP PLC: PROPOSED DEAL FOR LOK'NSTORE SHARE: 1,110 PENCE IN CASH * LOK'N STORE GROUP PLC: PROPOSED DEAL FOR APPROXIMATELY £378 MILLION

* LOK'N STORE: POST-DEAL, SHURGARD SEES ACCRETION ON ADJUSTED EPRA EPS TO BE MID-SINGLE DIGIT DILUTIVE IN 2024 * LOK'N STORE: POST-DEAL, SHURGARD SEES ACCRETION ON ADJUSTED EPRA EPS TO BE NEUTRAL IN 2025 AND ACCRETIVE FROM 2026 ONWARDS Source text for Eikon: Further company coverage:

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