Big Yellow Group PLC
08 September 2006
Big Yellow Group PLC
For immediate release
8 September 2006
Directors Dealings
Big Yellow Group PLC (the 'Company') announces that Philip Burks, an executive
director of the Company, exercised options yesterday to acquire 453,000 Ordinary
Shares at an average exercise price of 111.1 pence per share. These options
were granted to him under the Big Yellow PLC 2000 Unapproved Share Option Scheme
on 4 June 2001 and 16 Dec 2002
Adrian Lee, also an executive director of the Company, exercised options
yesterday to acquire 25,940 Ordinary shares at an exercise price of 13.3 pence
per share. These options were granted to him under the Big Yellow PLC 2000
Unapproved Share Option Scheme on 18 Jan 1999
The Company also announces that Philip Burks yesterday disposed of 1,500,000
shares, including the 453,000 shares issued to him pursuant to the exercise of
the options referred to above, at 460 pence per share. His resultant beneficial
holding following the above transactions is 9,349,000 shares representing 8.2%
of the issued share capital of the Company.
Adrian Lee yesterday disposed of 25,940 shares, issued to him pursuant to the
exercise of the options referred to above, at 460 pence per share. His
resultant beneficial holding following the above transactions is unchanged.
In addition, David Ross, a non-executive director of the Company, acquired
1,525,940 ordinary shares at 460pence per share. This increases his beneficial
holding to 11,077,140 shares, representing 9.8% of the issued share capital of
the Company.
Michael Cole
Company Secretary
01276 478 701
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.