Big Yellow Group PLC Director/PDMR Shareholding (7006G)

TIDMBYG

RNS Number : 7006G

Big Yellow Group PLC

20 July 2023

20 July 2023

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. John Trotman 
                              4. Adrian Lee 
     ---------------------  -------------------------------------------------- 
 b)   Position               1. Executive Chairman 
       / status               2. Chief Executive Officer 
                              3. Chief Financial Officer 
                              4. Operations Director 
     ---------------------  -------------------------------------------------- 
 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            Ordinary Shares of Big Yellow Group PLC (the 
       of the financial       "Company"). 
       instrument 
     ---------------------  -------------------------------------------------- 
 b)   Nature of              In each case, on 20 July 2023 the Executive 
       the transaction        Directors/PDMRs 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 20 July 2026 
                              to 19 July 2033, subject to performance criteria 
                              being met. 
                              Each of the messrs Vetch, Gibson, Trotman and 
                              Lee were granted the following Options: 
                              1. Mr Vetch: 78,243 
                              2. Mr Gibson: 91,805 
                              3. Mr Trotman: 50,857 
                              4. Mr Lee: 44,598 
                              The performance conditions attributable to 
                              these Options are set out in the Remuneration 
                              Report in the Group's 31 March 2023 Annual 
                              Report. 
     ---------------------  -------------------------------------------------- 
 c)   Price(s)                Price(s)     Volume(s) 
       and volume(s)           1. GBPnil    78,243 
                                           ---------- 
                               2. GBPnil    91,805 
                                           ---------- 
                               3. GBPnil    50,857 
                                           ---------- 
                               4. GBPnil    44,598 
                                           ---------- 
     ---------------------  -------------------------------------------------- 
 d)   Aggregated             265,503 shares 
       information            GBPnil 
       Aggregated 
       volume Price 
     ---------------------  -------------------------------------------------- 
 e)   Date of the            20 July 2023 
       transaction 
     ---------------------  -------------------------------------------------- 
 f)   Place of               Outside a trading venue 
       the transaction 
     ---------------------  -------------------------------------------------- 
 

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July 20, 2023 09:20 ET (13:20 GMT)