Big Yellow Group PLC Director/PDMR Shareholding (0372N)

TIDMBYG

RNS Number : 0372N

Big Yellow Group PLC

03 August 2017

3 August 2017

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 /             1. Executive Chairman 
       status                 2. Chief Executive Officer 
                              3. Operations Director 
                              4. Chief Financial Officer 
---  ---------------------  ------------------------------------------ 
 c)   Initial notification   Initial Notification in each 
       / amendment            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            Ordinary Shares of Big Yellow 
       of the financial       Group PLC (the "Company"). 
       instrument 
---  ---------------------  ------------------------------------------ 
 b)   Nature of              In each case, on 3 August 2017 
       the transaction        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 3 August 2020 to 2 August 
                              2027, subject to performance 
                              criteria being met. 
                              Each of the messrs Vetch, Gibson, 
                              Lee and Trotman were granted 
                              the following Options: 
                              1. Mr Vetch: 35,588 
                              2. Mr Gibson: 39,053 
                              3. Mr Lee: 28,928 
                              4. Mr Trotman: 28,928 
                              On 3 August 2017, Nicholas Vetch, 
                              James Gibson, Adrian Lee and 
                              John Trotman were also each 
                              granted 3,879 options under 
                              the Company's Approved Option 
                              scheme. At the date of exercise, 
                              to the extent that there is 
                              a gain on the Approved options, 
                              LTIP options will be forfeited 
                              to the same value. 
---  ---------------------  ------------------------------------------ 
 c)   Price(s) and           Unapproved options Price(s)     Volume(s) 
       volume(s)              -----------  ---------- 
                               1. GBPnil    35,588 
                              -----------  ---------- 
                               2. GBPnil    39,053 
                              -----------  ---------- 
                               3. GBPnil    28,928 
                              -----------  ---------- 
                               4. GBPnil    28,928 
                              -----------  ---------- 
 
                              Approved options Price(s)      Volume(s) 
                              ------------  ---------- 
                               1. GBP7.73    3,879 
                              ------------  ---------- 
                               2. GBP7.73    3,879 
                              ------------  ---------- 
                               3. GBP7.73    3,879 
                              ------------  ---------- 
                               4. GBP7.73    3,879 
                              ------------  ---------- 
---  ---------------------  ------------------------------------------ 
 d)   Aggregated 
       information 
       Aggregated 
       volume Price 
---  ---------------------  ------------------------------------------ 
 e)   Date of the            3 August 2017 
       transaction 
---  ---------------------  ------------------------------------------ 
 f)   Place of the           London Stock Exchange, Main 
       transaction            Market (XLON) 
---  ---------------------  ------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 03, 2017 06:33 ET (10:33 GMT)