Source - LSE Regulatory
RNS Number : 6848R
Big Yellow Group PLC
07 June 2024
 

7 June 2024

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

b)

Position / status

1)   Chairman

2)   Chief Executive Officer

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

1)   Mr Vetch exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan.

 

On 7 June 2024, Mr Vetch exercised an option to purchase 51,210 shares under the Deferred Bonus Share Plan at a price of nil pence per share.  He then sold 51,210 shares at an average price of 1241.42 pence per share. 

 

Following this transaction, Mr Vetch and his family's beneficial holding remains at 6,520,548 ordinary shares, representing 3.32% of the Company's issued share capital.

 

2)   Mr Gibson exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan.

 

On 7 June 2024, Mr Gibson exercised an option to purchase 57,557 shares under the Deferred Bonus Share Plan at a price of nil pence per share.  He then sold 57,557 shares at an average price of 1241.42 pence per share. 

 

Following this transaction, Mr Gibson and his family's beneficial holding remains at 1,848,062 ordinary shares, representing 0.94% of the Company's issued share capital.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1)   1241.42 pence

51,210

2)   1241.42 pence

57,557

d)

Aggregated information

Aggregated volume Price

108,767 shares

1241.42 pence

e)

Date of the transaction

7 June 2024

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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