RNS Number : 6044A
Big Yellow Group PLC
12 September 2018
 

12 September 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

5. Richard Cotton

6. Georgina Harvey

b)

Position / status

1. Executive Chairman

2. Chief Executive Officer

3. Operations Director

4. Chief Financial Officer

5. Non-Executive Director

6. Non-Executive Director

c)

Initial notification / amendment

Initial Notification in each 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 of the financial instrument

Ordinary Shares of Big Yellow Group PLC (the "Company").

b)

Nature of the transaction

The Company announced today that it raised proceeds of approximately £67 million (before expenses) through a placing of 7,204,301 new ordinary shares of ten pence each in the capital of the Company (the 'Placing Shares') at a price of 930.0 pence per Placing Share (the "Placing").  The Placing is conditional upon, amongst other things, the Placing Shares being admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange plc (together, "Admission").

The Company was informed today that the Directors listed below subscribed for the below numbers of Placing Shares.

Director

Interest in shares prior to acquisition

Number of Placing Shares acquired

Total shares held beneficially

% of issued share capital held (post Admission of Placing Shares)

Nicholas Vetch

8,013,654

7,526

8,021,180

4.81%

James Gibson

2,501,837

5,376

2,507,213

1.50%

Adrian Lee

879,931

4,301

884,232

0.53%

John Trotman

226,736

4,301

231,037

0.14%

Richard Cotton

88,485

3,763

92,248

0.06%

Georgina Harvey

15,293

3,225

18,518

0.01%

 

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1. 930.0 pence

7,526

2. 930.0 pence

5,376

3. 930.0 pence

4,301

4. 930.0 pence

4,301

5. 930.0 pence

3,763

6. 930.0 pence

3,225

d)

Aggregated information

Aggregated volume Price

 

28,482 shares

930.0 pence

e)

Date of the transaction

12 September 2018

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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