Director/PDMR Shareholding

RNS Number : 3461T
Big Yellow Group PLC
21 July 2022
 

21 July 2022

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 / status

1. Executive Chairman

2. Chief Executive Officer

3. Chief Financial Officer

4. Operations 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

In each case, on 21 July 2022 the Executive 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 21 July 2025 to 20 July 2032, subject to performance criteria being met.

Each of the messrs Vetch, Gibson, Trotman and Lee were granted the following Options:

1. Mr Vetch:   58,103

2. Mr Gibson:  68,174

3. Mr Trotman:   37,766

4. Mr Lee:  33,118

The performance conditions attributable to these Options are set out in the Remuneration Report in the Group's 31 March 2022 Annual Report.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. £nil

58,103

2. £nil

68,174

3. £nil

37,766

4. £nil

33,118

d)

Aggregated information

Aggregated volume Price

197,161 shares

£nil

e)

Date of the transaction

21 July 2022

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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