Director/PDMR Shareholding

RNS Number : 2185T

Big Yellow Group PLC

02 July 2018

 

2 July 2018

Big Yellow Group PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them.

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Nicholas Vetch
b)	Position / status	Executive Chairman
c)	Initial notification / amendment	Initial Notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Ordinary Shares of Big Yellow Group PLC (the "Company").
b)	Nature of the transaction	On 29 June 2018, Byways Investments Limited, a company beneficially owned by Mr Vetch's children disposed of 800,435 ordinary shares of the Company at an average price of 948.54 pence per share.  The sale was for the purposes of portfolio diversification for Mr Vetch's children (in line with the sale announced on 22 June 2018).  This portfolio diversification has concluded for the foreseeable future. Following this transaction, Mr Vetch and his family's beneficial holding is 7,988,366 ordinary shares, representing 5.03% of the Company's issued share capital.
c)	Price(s) and volume(s)	Price(s) Volume(s) 948.54 pence 800,435
d)	Aggregated information Aggregated volume Price	800,435 shares 948.54 pence
e)	Date of the transaction	29 June 2018
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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