Big Yellow Group PLC Director/PDMR Shareholding (4572W)

TIDMBYG

RNS Number : 4572W

Big Yellow Group PLC

01 August 2018

1 August 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       Initial Notification in each case 
       / 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 of             Ordinary Shares of Big Yellow Group PLC 
       the financial              (the "Company"). 
       instrument 
     -------------------------  ------------------------------------------------- 
 b)   Nature of the              In each case, on 31 July 2018 the Executive 
       transaction                Directors exercised nil paid options over 
                                  ordinary shares of 10 pence (the "Options") 
                                  granted under the Company's Long Term 
                                  Incentive Plan. 
                                  Each of the messrs Vetch, Gibson, Lee 
                                  and Trotman exercised the following Options 
                                  at an average price of 951.69 pence per 
                                  share: 
                                  1. Mr Vetch exercised an option to purchase 
                                  38,112 shares under the Company's Long 
                                  Term Incentive Plan at nil pence per share. 
                                  He sold these shares at an average price 
                                  of 951.69 pence per share. Following these 
                                  transactions, Mr Vetch's holding has remained 
                                  at 8,013,654 shares, representing 5.04% 
                                  of the issued share capital of the Company. 
                                  2. Mr Gibson exercised an option to purchase 
                                  41,801 shares under the Company's Long 
                                  Term Incentive Plan at nil pence per share. 
                                  He sold these shares at an average price 
                                  of 951.69 pence per share. Following these 
                                  transactions, Mr Gibson's holding has 
                                  remained at 2,501,837 shares, representing 
                                  1.57% of the issued share capital of the 
                                  Company. 
                                  3. Mr Lee exercised an option to purchase 
                                  30,980 shares under the Company's Long 
                                  Term Incentive Plan at nil pence per share. 
                                  He sold these shares at an average price 
                                  of 951.69 pence per share. Following this 
                                  transaction, Mr Lee's beneficial holding 
                                  has remained at 879,931 shares, representing 
                                  0.55% of the issued share capital of the 
                                  Company. 
                                  4. Mr Trotman exercised an option to purchase 
                                  30,980 shares under the Company's Long 
                                  Term Incentive Plan at nil pence per share. 
                                  He sold 14,608 shares at an average price 
                                  of 951.69 pence per share in order to 
                                  pay the associated PAYE and National Insurance. 
                                  Following this transaction, Mr Trotman's 
                                  beneficial holding has increased to 226,736 
                                  shares, representing 0.14% of the issued 
                                  share capital of the Company. 
     -------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)           Volume(s) 
                                    1. 951.69 pence    38,112 
                                                      ---------- 
                                    2. 951.69 pence    41,801 
                                                      ---------- 
                                    3. 951.69 pence    30,980 
                                                      ---------- 
                                    4. 951.69 pence    30,980 
                                                      ---------- 
     -------------------------  ------------------------------------------------- 
 d)   Aggregated information      141,873 shares 
       Aggregated volume           951.69 pence 
       Price 
     -------------------------  ------------------------------------------------- 
 e)   Date of the transaction    31 July 2018 
     -------------------------  ------------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main Market (XLON) 
     -------------------------  ------------------------------------------------- 
 

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August 01, 2018 04:18 ET (08:18 GMT)