RNS Number : 3947E
Big Yellow Group PLC
17 September 2024
 

17 September 2024

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

b)

Position / status

1)   Chairman

2)   Chief Executive Officer

3)   Chief Financial Officer

c)

Initial notification / amendment

Initial Notification

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

1)   Mr Vetch exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan and Long Term Incentive Plan.

 

On 16 September 2024, Mr Vetch exercised an option to purchase 31,616 shares under the Deferred Bonus Share Plan at a price of nil pence per share.  He then sold 31,616 shares at an average price of 1324.89 pence per share. 

 

On 16 September 2024, Mr Vetch exercised an option to purchase 50,583 shares under the Long Term Incentive Plan at a price of 10 pence per share.  He then sold 50,583 shares at an average price of 1324.89 pence per share.

 

Following this transaction, Mr Vetch and his family's beneficial holding remains at 6,520,548 ordinary shares, representing 3.32% of the Company's issued share capital.

 

2)   Mr Gibson exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Deferred Bonus Share Plan and Long Term Incentive Plan.

 

On 16 September 2024, Mr Gibson exercised an option to purchase 36,868 shares under the Deferred Bonus Share Plan at a price of nil pence per share.  He then sold 36,868 shares at an average price of 1324.89 pence per share. 

 

On 16 September 2024, Mr Gibson exercised an option to purchase 57,173 shares under the Long Term Incentive Plan at a price of 10 pence per share.  He then sold 57,173 shares at an average price of 1324.89 pence per share.

 

Following this transaction, Mr Gibson and his family's beneficial holding remains at 1,848,062 ordinary shares, representing 0.94% of the Company's issued share capital.

 

3)   Mr Trotman exercised share options over ordinary shares of 10 pence (the "Options") granted under the Company's Long Term Incentive Plan.

 

On 16 September 2024, Mr Trotman exercised an option to purchase 42,721 shares under the Long Term Incentive Plan at a price of 10 pence per share.  He then sold 42,721 shares at an average price of 1324.89 pence per share.

 

Following this transaction, Mr Trotman and his family's beneficial holding remains at 242,896 ordinary shares, representing 0.12% of the Company's issued share capital.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1)   1324.89 pence

82,199

2)   1324.89 pence

94,041

3)   1324.89 pence

42,721

d)

Aggregated information

Aggregated volume Price

218,961 shares

1324.89 pence

e)

Date of the transaction

16 September 2024

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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