TIDMBYG

RNS Number : 7995P

Big Yellow Group PLC

11 October 2023

11 October 2023

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 
                      3. John Trotman 
                      4. Adrian Lee 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 b)   Position /     1. Executive Chairman 
      status          2. Chief Executive Officer 
                      3. Chief Financial Officer 
                      4. Operations Director 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 c)   Initial        Initial Notification in each case 
      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    Ordinary Shares of Big Yellow Group PLC 
      of the          (the "Company"). 
      financial 
      instrument 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 b)   Nature of      The Company announced today that it raised 
      the             gross proceeds of approximately GBP110 million 
      transaction     (before expenses) through a placing of 11,640,212 
                      new ordinary shares of ten pence each in 
                      the capital of the Company (the 'Placing 
                      Shares') at a price of 945 pence per Placing 
                      Share (the "Placing"). The Placing is conditional 
                      upon, amongst other things, the Placing 
                      Shares being admitted to the premium listing 
                      segment of the Official List of the Financial 
                      Conduct Authority and to trading on the 
                      main market of the London Stock Exchange 
                      plc (together, "Admission"). 
                      The Company was informed today that the 
                      Directors listed below subscribed for the 
                      below numbers of Placing Shares. Director        Interest       Number        Total                % of issued 
                                        in shares      of Placing    shares               share capital 
                                        prior to       Shares        held beneficially    held (post 
                                        acquisition    acquired                           Admission 
                                                                                          of Placing 
                                                                                          Shares) 
                       Nicholas 
                        Vetch             6,253,404       264,550            6,517,954             3.3% 
                                      -------------  ------------  -------------------  --------------- 
                       James 
                        Gibson            1,815,320        31,746            1,847,066             0.9% 
                                      -------------  ------------  -------------------  --------------- 
                       John Trotman         238,788         2,116              240,904             0.1% 
                                      -------------  ------------  -------------------  --------------- 
                       Adrian 
                        Lee                 877,135         3,174              880,309             0.4% 
                                      -------------  ------------  -------------------  --------------- 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 c)   Price(s) and     Price(s)        Volume(s) 
       volume(s)        1. 945 pence    264,550 
                                       ---------- 
                        2. 945 pence    31,746 
                                       ---------- 
                        3. 945 pence    2,116 
                                       ---------- 
                        4. 945 pence    3,174 
                                       ---------- 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 d)   Aggregated 
      information      301,586 shares 
      Aggregated       945 pence 
      volume 
      Price 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 e)   Date of the    10 October 2023 
       transaction 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 f)   Place of the   London Stock Exchange, Main Market ( XLON) 
       transaction 
     -------------  ---------------------------------------------------------------------------------------------------------------- 
 

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END

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October 11, 2023 05:44 ET (09:44 GMT)

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