Director/PDMR Shareholding

RNS Number : 7826C
Safestore Holdings plc
19 April 2013
 



19 April 2013

 

Safestore Holdings plc

("Safestore" or "the Company")

 

Director/PDMR Shareholding

 

This notification is made in accordance with DTR 3.1.4(1)(a).

On 19 April 2013, the Company was informed of the following transaction.

Richard Hodsden, an Executive Director, sold 250,000 shares at an average price of 126.35 pence. These transactions were carried out on the 17th, 18th, and 19th April 2013.

 

Following these transactions, Mr Hodsden's interest in the issued share capital of the Company reduces to 3,114,988 shares representing approximately 1.65% of the issued share capital of the Company. Of this balance, 2,683,738 are held by Mr Hodsden personally, and 431,250 shares are held by his wife, Caroline Hodsden.

For and on behalf of Safestore Holdings plc

Sam Ahmed -Company Secretary

Enquiries - Telephone 020 8732 1500. 

Date: 19 April 2013

END

 

 

Notes to editors:

·

Safestore is the UK's largest self storage group with 135 stores. They include 98 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 around 44,200 personal and business customers.

·

Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.24 million sq ft (including the expansion pipeline stores) of which 3.18 million sq ft is currently occupied.

·

A strong balance sheet and operational cash flow allow Safestore to invest in continual improvements in the operational performance of its stores, in new store development and acquisitions where appropriate.

·

Safestore employs around 550 people.

 


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