FOR IMMEDIATE RELEASE
1 July 2013
Safestore Holdings plc
Director/PDMR Shareholding
This notification is made in accordance with DTR 3.1.4.
On 28th June 2013, the following awards ("Awards") over ordinary shares in the Company were made under the Safestore 2009 Performance Share Plan (the "Plan") to Directors of the Company and other Persons Discharging Managerial Responsibility (together "PDMRs"):
Name of Director/PDMR |
Number of shares under the Award |
Andrew Jones |
293,927 |
No consideration was paid for the grant of an Award which is structured as an option with a nil exercise price. The vesting of an Award is ordinarily subject to continued employment of the participant and the satisfaction of performance conditions over a three year performance period set by the Remuneration Committee of the Company.
The Company was informed of the above transaction relating to Awards on 28th June 2013.
For and on behalf of Safestore Holdings plc
Sam Ahmed (Company Secretary)
Date: 1 July 2013
Notes to editors:
· |
Safestore is the UK's largest self storage group with 134 stores. They include 97 wholly owned stores in the UK and 25 wholly owned stores in the Paris region together with 12 stores under management in the UK. |
· |
The Company provides storage to more than 46,000 personal and business customers. |
· |
Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.1 million sq ft (including the expansion pipeline stores) of which 3.22 million sq ft is currently occupied. |
· |
Safestore employs around 550 people. |