Director/PDMR Shareholding

RNS Number : 8295R

Big Yellow Group PLC

22 November 2012

 



22 November 2012

Big Yellow Group PLC

Director/PDMR shareholding 

Long Term Bonus Performance Plan

Big Yellow Group PLC (the "Company") announces that awards over shares in the Company ("Shares") were made under the Long Term Bonus Performance Plan to the Company's four executive Directors on Wednesday 21 November 2012 as follows:

Director	Number of shares in which the Director has an interest	Maximum potential payout after three years
Nicholas Vetch	337,500	£675,000
James Gibson	487,500	£975,000
Adrian Lee	337,500	£675,000
John Trotman	337,500	£675,000

Awards were made by the Company's employee benefit trust operated by Barclays Wealth Trustees (Guernsey) Limited.  Mr Gibson has agreed to pay £100 for his interest in the Shares under award and Messrs Vetch, Lee and Trotman have agreed to pay £70 each for their interests in the Shares under award, which is regarded by the Company as the fair value of the interests.

Director share sale

The Company also announces that Adrian Lee, Operations Director, has sold a total of 100,000 shares of the Company at an average price of 325.33 pence per share. 

This reduces Mr Lee's beneficial holding to 836,323 shares representing 0.64% of the issued share capital of the Company. 

Enquiries
John Trotman, Chief Financial Officer Shauna Beavis, Company Secretary	01276 477 811 01276 477 811

 

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