Big Yellow Group PLC
17 July 2006
Big Yellow Group PLC
17 July 2006
For immediate release
Director/PDMR shareholding/Notification of major interests in shares
Notification under Listing Rule 9.6.7, Disclosure Rule 3.1.4 and section 329 of
the Companies Act 1985
Big Yellow Group PLC (the 'Company') announces that it was informed on Friday 14
July that Philip Burks, an executive director of the Company, exercised options
on Wednesday 12 July to acquire 1,000,000 Ordinary Shares at an exercise price
of 100 pence per share. These options were granted to him under the Big Yellow
PLC 2000 Unapproved Share Option Scheme on 5 May 2000.
The Company also announces that it was informed on Friday 14 July that Philip
Burks had disposed of the 1,000,000 shares issued to him pursuant to the
exercise of the options referred to above, at 400 pence per share, on 12 July
2006. His resultant beneficial holding following the above transactions remains
unchanged at 10,396,000 shares (excluding his unexercised share options),
representing 9.2% of the issued share capital of the Company as enlarged by the
placing of ordinary shares announced by the Company on 12 July 2006 (the
"Placing") and the exercise of his options referred to above.
In addition, the Company was informed on Friday 14 July that David Ross, a non-
executive director of the Company, acquired 2,500,000 ordinary shares at 400
pence per share (comprising 1,500,000 shares pursuant to the Placing and the
1,000,000 shares disposed of by Philip Burks). This increases his beneficial
holding to 9,500,000 shares, representing 8.4% of the issued share capital of
the Company as enlarged by the Placing and the exercise by Philip Burks of the
options referred to above.
Michael Cole
Company Secretary
01276 478 701
This information is provided by RNS
The company news service from the London Stock Exchange
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