14 Mar 2016 17:05
RNS Number : 0535S
Safestore Holdings plc
14 March 2016
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
· | Safestore is the UK's largest self-storage group with 119 stores, comprising 95 wholly owned stores in the UK (including 56 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 24 wholly owned stores in the Paris region. In addition, Safestore has 12 Space Maker stores under management in the UK. | · | Safestore operates more self-storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and densest UK and French markets. | · | Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. | · | Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015. | · | The Group provides storage to around 49,000 personal and business customers. | · | Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 4.925 million sq ft (excluding the expansion pipeline stores) of which 3.435 million sq ft was occupied at 31 January 2016. | · | Safestore employs around 525 people in the UK and France. |
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