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14 Mar 2016 17:05
14 March 2016
Safestore Holdings plc
Director/PDMR Shareholding
This notification is made in accordance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4.
On 14th March 2016, the following awards ("Awards") over ordinary shares in the Company were made under the Safestore 2009 Performance Share Plan (the "Plan") to Directors of the Company and other Persons Discharging Managerial Responsibility (together "PDMRs"):
Name of Director/PDMR | Number of shares under the Award |
Frederic Vecchioli | 118,657 |
Andy Jones | 93,135 |
A further six senior managers and executives employed by the company and its subsidiaries have been granted awards over a total of 177,488 shares.
No consideration was paid for the grant of an Award which is structured as an option with a nil exercise price. The vesting of an Award is ordinarily subject to continued employment of the participant and the satisfaction of performance conditions over a three year performance period set by the Remuneration Committee of the Company.
The Company was informed of the above transactions relating to Awards on 14th March 2016.
For and on behalf of Safestore Holdings plc
Sam Ahmed (Company Secretary)
Date: 14 March 2016
About Safestore
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