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18 Apr 2013 07:00
18 April 2013
Safestore Holdings plc
("Safestore" or "the Company")
Director/PDMR Shareholding
This notification is made in accordance with DTR 3.1.4(1)(a).
On 17 April 2013, the Company was informed of the following transaction.
Richard Hodsden, an Executive Director, exercised options over 110,275 ordinary shares of 1 pence each in the Company that were awarded to him on 27 March 2009 under the Safestore 2009 Performance Share Plan. The awards in the form of nil-cost options became exercisable on 27 June 2012 for a period of 12 months. The options were exercised in full and all shares were sold.
The above transactions were carried out on 11th, 12th, and 15th April 2013 at an average price of 127.78 pence per share.
Following these transactions, Richard Hodsden's interest in the issued share capital of the Company remains at 3,364,988 shares representing approximately 1.789% of the issued share capital of the Company. Of this balance, 2,933,738 are held by Mr Hodsden personally, and 431,250 shares are held by his wife, Caroline Hodsden.
For and on behalf of Safestore Holdings plc
Sam Ahmed -Company Secretary
Enquiries - Telephone 020 8732 1500.
Date: 18 April 2013
END
Notes to editors:
·; | Safestore is the UK's largest self storage group with 135 stores. They include 98 wholly owned stores in the UK and 25 wholly owned stores in the Paris region together with 12 stores under management in the UK. |
·; | The Company provides storage to around 44,200 personal and business customers. |
·; | Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.24 million sq ft (including the expansion pipeline stores) of which 3.18 million sq ft is currently occupied. |
·; | 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 550 people. |
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