Director/PDMR Shareholding

Big Yellow Group PLC

11 October 2023

 

11 October 2023

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	1. Nicholas Vetch 2. James Gibson 3. John Trotman 4. Adrian Lee
b)	Position / status	1. Executive Chairman 2. Chief Executive Officer 3. Chief Financial Officer 4. Operations Director
c)	Initial notification / amendment	Initial Notification in each case
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	The Company announced today that it raised gross proceeds of approximately £110 million (before expenses) through a placing of 11,640,212 new ordinary shares of ten pence each in the capital of the Company (the 'Placing Shares') at a price of 945 pence per Placing Share (the "Placing").  The Placing is conditional upon, amongst other things, the Placing Shares being admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange plc (together, "Admission"). The Company was informed today that the Directors listed below subscribed for the below numbers of Placing Shares. Director Interest in shares prior to acquisition Number of Placing Shares acquired Total shares held beneficially % of issued share capital held (post Admission of Placing Shares) Nicholas Vetch 6,253,404 264,550 6,517,954 3.3% James Gibson 1,815,320 31,746 1,847,066 0.9% John Trotman 238,788 2,116 240,904 0.1% Adrian Lee 877,135 3,174 880,309 0.4%
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 945 pence 264,550 2. 945 pence 31,746 3. 945 pence 2,116 4. 945 pence 3,174
d)	Aggregated information Aggregated volume Price	301,586 shares 945 pence
e)	Date of the transaction	10 October 2023
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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