Big Yellow Group PLC Director/PDMR Shareholding (2185T)

TIDMBYG

RNS Number : 2185T

Big Yellow Group PLC

02 July 2018

2 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                   Nicholas Vetch 
---  ---------------------  ------------------------------------------- 
 b)   Position /             Executive Chairman 
       status 
---  ---------------------  ------------------------------------------- 
 c)   Initial notification   Initial Notification 
       / amendment 
---  ---------------------  ------------------------------------------- 
 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              On 29 June 2018, Byways Investments 
       the transaction        Limited, a company beneficially 
                              owned by Mr Vetch's children 
                              disposed of 800,435 ordinary 
                              shares of the Company at an 
                              average price of 948.54 pence 
                              per share. The sale was for 
                              the purposes of portfolio diversification 
                              for Mr Vetch's children (in 
                              line with the sale announced 
                              on 22 June 2018). This portfolio 
                              diversification has concluded 
                              for the foreseeable future. 
                              Following this transaction, 
                              Mr Vetch and his family's beneficial 
                              holding is 7,988,366 ordinary 
                              shares, representing 5.03% of 
                              the Company's issued share capital. 
---  ---------------------  ------------------------------------------- 
 c)   Price(s) and             Price(s)        Volume(s) 
       volume(s)               --------------  ---------- 
                                948.54 pence    800,435 
                               --------------  ---------- 
---  ---------------------  ------------------------------------------- 
 d)   Aggregated             800,435 shares 
       information            948.54 pence 
       Aggregated 
       volume Price 
---  ---------------------  ------------------------------------------- 
 e)   Date of the            29 June 2018 
       transaction 
---  ---------------------  ------------------------------------------- 
 f)   Place of the           London Stock Exchange, Main 
       transaction            Market (XLON) 
---  ---------------------  ------------------------------------------- 
 

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July 02, 2018 03:59 ET (07:59 GMT)