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Director/PDMR Shareholding

19 Jul 2018 12:30

RNS Number : 1795V
Big Yellow Group PLC
19 July 2018
 

19 July 2018

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

b)

Position / status

1. Executive Chairman

2. Chief Executive Officer

3. Operations Director

4. Chief Financial Officer

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

In each case, on 19 July 2018 the Executive Directors were granted nil paid options over ordinary shares of 10 pence (the "Options") granted under the Company's Long Term Investment Plan. 

The Options are exercisable from 19 July 2021 to 18 July August 2028, subject to performance criteria being met.

Each of the messrs Vetch, Gibson, Lee and Trotman were granted the following Options:

1. Mr Vetch: 32,525

2. Mr Gibson: 36,138

3. Mr Lee: 25,813

4. Mr Trotman: 26,846

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. £nil

35,525

2. £nil

36,138

3. £nil

25,813

4. £nil

26,846

d)

Aggregated information

Aggregated volume Price

121,322 shares

£nil

e)

Date of the transaction

19 July 2018

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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END
 
 
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