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Market Cap: £1.69b
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Director/PDMR Shareholding

2 Jul 2018 08:59

RNS Number : 2185T
Big Yellow Group PLC
02 July 2018
 

2 July 2018

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 / 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

On 29 June 2018, Byways Investments Limited, a company beneficially owned by Mr Vetch's children disposed of 800,435 ordinary shares of the Company at an average price of 948.54 pence per share. The sale was for the purposes of portfolio diversification for Mr Vetch's children (in line with the sale announced on 22 June 2018). This portfolio diversification has concluded for the foreseeable future.

Following this transaction, Mr Vetch and his family's beneficial holding is 7,988,366 ordinary shares, representing 5.03% of the Company's issued share capital.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

948.54 pence

800,435

d)

Aggregated information

Aggregated volume Price

800,435 shares

948.54 pence

e)

Date of the transaction

29 June 2018

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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END
 
 
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