Big Yellow founder sells more

Philip Burks, one of the founders of Big Yellow, is taking advantage of a recent healthy spike in the share price to trim his stake further. Burks, who was property director at Big Yellow until 2007, sold 250,000 shares at 359p per share, raising £898,000. It is Burks' fourth sale this year and he has been steadily reducing his holding since he became a non-executive director two years ago. Big Yellow's share price rally has gathered momentum since a placing in June to raise £32.9m. Earlier this month, a trading update showed a 6% drop in quarterly store revenues but the group added that trading conditions have continued to show an improvement. Top Director BuysAnglogold Ashanti (AGD) Director name: Mr S (Venkat) VenkatakrishnanAmount purchased: 5,130 @ R306.53 Value: R1,572,499Anglo Platinum (ANP) Director name: Mr Neville F NicolauAmount purchased: 800 @ R615.00 Value: R492,000Speymill Deutsche Immobilien (SDIC) Director name: Mr James (Jim) MellonAmount purchased: 516,595 @ € 0.22 Value: € 113,651Edinburgh Worldwide Inv Trust (EWI) Director name: Mr W J DucasAmount purchased: 25,000 @ 193.80p Value: £48,450Top Director SellsBig Yellow Group (BYG) Director name: Mr Philip BurksAmount sold: 250,000 @ 359.00p Value: £897,500SDL International (SDL) Director name: Mr Keith MillsAmount sold: 63,325 @ 320.00p Value: £202,640SDL International (SDL) Director name: Mr Alastair GordonAmount sold: 58,047 @ 320.00p Value: £185,750SDL International (SDL) Director name: Mr Cristina Maria Elisa LancasterAmount sold: 58,047 @ 320.00p Value: £185,750Euromoney Institutional Investor (ERM) Director name: Mr Simon BradyAmount sold: 6,646 @ 251.00p Value: £16,681