Last checked at 21 May 2009 14:53
21 May 2009
Big Yellow Group PLC
('Big Yellow' or 'the Company')
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PARTIES
1. Issued Share Capital
The Company announces that, as a result of the admission to trading on the London Stock Exchange's main market for listed securities today of 11,549,000 new ordinary shares of 10 pence each in Big Yellow (the "Placing Shares"), the issued share capital of the Company as at today's date is 127,141,541 ordinary shares of 10 pence each.
The company holds 100,000 ordinary shares in Treasury. Therefore, the total number of voting rights in Big Yellow Group PLC is 127,041,541.
The above figure (127,041,541) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Big Yellow Group PLC under the FSA's Disclosure and Transparency Rules.
2. Share Subscription by Directors
The Company was informed on 21 May that the directors of the Company subscribed for the following numbers of Placing Shares at a price of 285 pence each:
| Nicholas Vetch | 87,719 |
| James Gibson | 43,859 |
| Jonathan Short | 8,771 |
| Mark Richardson | 5,263 |
| John Trotman | 5,263 |
3. Directors' Interests in Shares
Following these transactions the Directors' and Non-Executive Directors' interests in shares are as follows:
| Director | Shares Held | % of issued share capital held |
| Nicholas Vetch | 9,504,719 | 7.48% |
| Phil Burks | 7,370,849 | 5.80% |
| James Gibson | 2,418,119 | 1.90% |
| Adrian Lee | 889,267 | 0.70% |
| Jonathan Short | 100,471 | 0.08% |
| Tim Clark | 15,000 | 0.01% |
| Mark Richardson | 10,263 | 0.01% |
| John Trotman | 7,263 | 0.01% |
Enquiries:
| John Trotman, Chief Financial Officer | 01276 477 811 |
| Michael Cole, Company Secretary | 01276 477 811 |
This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire shares in the capital of the Company in the United States, Australia, Canada, Japan, South Africa or any other jurisdiction. The Placing Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered, sold or transferred, directly or indirectly, within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Placing Shares are being offered and sold outside the United States in accordance with Regulation S under the Securities Act. Any offering to be made in the United States will be made pursuant to an exemption from registration under the Securities Act in a transaction not involving any public offering. No money, securities or other consideration is being solicited and, if sent in response to the information herein, will not be accepted.