Director/PDMR Shareholding

RNS Number : 2094S
Big Yellow Group PLC
21 June 2018
 

21 June 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 21 June 2018, Byways Investments Limited, a company beneficially owned by Mr Vetch's children disposed of 199,565 ordinary shares of the Company at an average price of 966.51 pence per share.  The sale was for the purposes of portfolio diversification for Mr Vetch's children.

Following this transaction, Mr Vetch and his family's beneficial holding is 8,788,801 ordinary shares, representing 5.54% of the Company's issued share capital.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

966.51 pence

199,565

d)

Aggregated information

Aggregated volume Price

199,565 shares

966.51 pence

e)

Date of the transaction

21 June 2018

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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