Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Director/PDMR Shareholding

21 Apr 2020 10:29

RNS Number : 3426K
Big Yellow Group PLC
21 April 2020
 

21 April 2020

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

1. Nicholas Vetch

2. James Gibson

3. Adrian Lee

4. John Trotman

5. Richard Cotton

b)

Position / status

1. Executive Chairman

2. Chief Executive Officer

3. Operations Director

4. Chief Financial Officer

5. Non-Executive Director

c)

Initial notification / amendment

Initial Notification in each case

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

The Company announced today that it raised proceeds of approximately £81.9 million (before expenses) through a placing of 8,335,043 new ordinary shares of ten pence each in the capital of the Company (the 'Placing Shares') at a price of 983 pence per Placing Share (the "Placing"). The Placing is conditional upon, amongst other things, the Placing Shares being admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange plc (together, "Admission").

The Company was informed today that the Directors listed below subscribed for the below numbers of Placing Shares.

Director

Interest in shares prior to acquisition

Number of Placing Shares acquired

Total shares held beneficially

% of issued share capital held (post Admission of Placing Shares)

Nicholas Vetch

6,743,284

10,174

6,753,458

3.8%

James Gibson

2,506,293

8,646

2,514,939

1.4%

Adrian Lee

872,192

2,543

874,735

0.5%

John Trotman

231,037

5,086

236,123

0.1%

Richard Cotton

92,248

4,069

96,317

0.1%

 

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1. 983 pence

10,174

2. 983pence

8,646

3. 983 pence

2,543

4. 983 pence

5,086

5. 983 pence

4,069

d)

Aggregated information

Aggregated volume Price

 

 

30,518 shares

983 pence

e)

Date of the transaction

21 April 2020

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHGCGDSRDDDGGB

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.