Big Yellow Group PLC Director/PDMR Shareholding (0505S)

TIDMBYG

RNS Number : 0505S

Big Yellow Group PLC

06 March 2019

6 March 2019

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 / status          Executive Chairman 
     -------------------------  ---------------------------------------------- 
 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 of             Ordinary Shares of Big Yellow Group PLC 
       the financial              (the "Company"). 
       instrument 
     -------------------------  ---------------------------------------------- 
 b)   Nature of the              On 5 March 2019, Byways Investments Limited, 
       transaction                a company beneficially owned by Mr Vetch's 
                                  children disposed of 166,236 ordinary 
                                  shares of the Company at an average price 
                                  of 987.73 pence per share. On the same 
                                  day, Mr Vetch and his wife disposed of 
                                  324,593 ordinary shares of the Company 
                                  at an average price of 987.73 pence per 
                                  share. 
                                  Following this transaction, Mr Vetch and 
                                  his family's beneficial holding is 7,530,351 
                                  ordinary shares, representing 4.52% of 
                                  the Company's issued share capital. 
     -------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)        Volume(s) 
                                    987.73 pence    490,829 
                                                   ---------- 
     -------------------------  ---------------------------------------------- 
 d)   Aggregated information     490,829 shares 
       Aggregated volume          987.73 pence 
       Price 
     -------------------------  ---------------------------------------------- 
 e)   Date of the transaction    5 March 2019 
     -------------------------  ---------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main Market (XLON) 
     -------------------------  ---------------------------------------------- 
 

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March 06, 2019 06:32 ET (11:32 GMT)