TIDMBYG

RNS Number : 9250Q

Big Yellow Group PLC

15 September 2017

15 September 2017

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                       Nicholas Vetch 
---  -------------------------  -------------------------------------------- 
 b)   Position / status          Executive Chairman 
---  -------------------------  -------------------------------------------- 
 c)   Initial notification       Initial Notification 
       / amendment 
---  -------------------------  -------------------------------------------- 
 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             Ordinary Shares of Big Yellow Group PLC 
       the financial              (the "Company"). 
       instrument 
---  -------------------------  -------------------------------------------- 
 b)   Nature of the              On 15 September 2017, Mr Vetch exercised 
       transaction                an option to purchase 48,485 shares under 
                                  the Company's Long Term Incentive Plan 
                                  at nil pence per share. Mr Vetch paid 
                                  the associated Income Tax and National 
                                  Insurance to enable him to retain all 
                                  of the vested shares. 
                                  Following this transaction, Mr Vetch's 
                                  holding has increased to 9,108,366 shares, 
                                  representing 5.75% of the issued share 
                                  capital of the Company. 
---  -------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
                                    nil pence    48,485 
                                   -----------  ---------- 
---  -------------------------  -------------------------------------------- 
 d)   Aggregated information     48,485 shares 
       Aggregated volume          nil pence 
       Price 
---  -------------------------  -------------------------------------------- 
 e)   Date of the transaction    15 September 2017 
---  -------------------------  -------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main Market (XLON) 
---  -------------------------  -------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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