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Market Cap: £1.32b
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Director/PDMR Shareholding

25 Feb 2010 10:50

RNS Number : 6743H
Safestore Holdings plc
25 February 2010
 



 

 

 

FOR IMMEDIATE RELEASE

 

25 February 2010

 

 

Safestore Holdings plc

Director/PDMR Shareholding

 

This notification is made in accordance with DTR 3.1.4(1)(a).

 

On 24th February 2010, 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

Number of shares under the Award

Steve Williams

275,735

Richard Hodsden

183,823

 

Name of other PDMR

 

Number of shares under the Award

Neil Riding

147,058

David Penniston

147,058

Frederic Vecchioli

128,999

Sam Ahmed

57,904

Avril Jones

46,742

David Davies

43,014

Laurent Judas

36,280

 

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 24th February 2010.

 

For and on behalf of Safestore Holdings plc

 

Sam Ahmed (Company Secretary)

Date: 25 February 2010

 Ends

 

Notes to editors:

 

·;

Safestore Holdings is the UK's largest self storage group with 95 stores throughout the UK, including 42 within the M25. In addition, it is the largest operator in central Paris with 22 stores.

 

·;

The Company provides storage facilities to more than 39,000 domestic and business customers.

 

·;

Safestore has a maximum lettable area ("MLA") of 5.4 million sq ft (including the 6 expansion pipeline stores) of which 2.75 million sq ft is currently occupied.

 

·;

As the UK's only national self storage provider, Safestore is uniquely positioned to meet the needs of companies requiring a national service.

 

·;

A strong balance sheet and operational cash flow allow Safestore to invest in continual improvements in the operational performance of its stores, in new store development and acquisitions where appropriate.

 

·;

Safestore employs around 500 people in the UK and Paris.

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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